Elgin Branch

62 High Street
Elgin, Moray
IV30 1BU
t: 01343 610520
e: info@cclproperty.com

Edinburgh Branch

Hudson House
8 Albany Street, Edinburgh
EH1 3QB
t: 0131 473 1192
e: info@cclproperty.com

Birnie, Elgin, Moray, IV30 8SP

£439,000Freehold

411

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Rural Development Opportunity
Existing 4 Bedroom House
Planning for a 4 bedroom and 2 bedroom house
Substantial Plot
Planning Reference 19/00061/APP

Description

This property in Birnie, near Elgin, offers a unique development opportunity with a spacious 4-bedroom house set on 0.6 acres and planning permission to convert the historic former Birnie Inn into two additional dwellings (a 4-bedroom and a 2-bedroom house). Nestled in a picturesque rural setting with stunning countryside views, the property is conveniently close to Elgin's urban amenities. It presents versatile development options for rental income or resale, combining rural tranquility with modern convenience and historical charm, making it an exceptional investment opportunity.

CCL is thrilled to present a unique development opportunity in the charming hamlet of Birnie, situated on the picturesque outskirts of Elgin. This property offers a blend of rural tranquillity and modern convenience, making it an ideal investment for developers or those seeking a spacious family home with additional development potential.


Property Overview:


Existing Residence: A spacious and well-maintained 4-bedroom house, offering generous family accommodation across two floors. Set on approximately 0.6 acres, the property provides ample space for outdoor activities and future enhancements.


Development Potential: The property comes with planning permission (Application 19/00061/APP) for the conversion of the former Birnie Inn, which was historically an old school, into two additional dwellings:


- A 4-bedroom house


- A 2-bedroom house


These planned conversions offer a tasteful and thoughtful design, perfect for holiday lets or permanent rentals or resales.


Location:


Nestled in a stunning rural setting, the property boasts breathtaking views of the surrounding countryside. Despite its peaceful location, it is conveniently located just a short drive from Elgin, a vibrant town offering a wide array of amenities including shops, supermarkets, banks, and healthcare facilities. Elgin also offers a variety of dining options, recreational facilities, and excellent schooling.


Investment Highlights:


Versatile Development Options: The existing planning permission allows for the development of two additional homes, providing significant potential for rental income or resale.


Prime Location: Enjoy the best of both worlds with a serene rural lifestyle and easy access to urban amenities in Elgin.


Historical Charm: The former Birnie Inn adds a unique historical element to the property, offering a distinctive character and appeal.


This is a rare opportunity to acquire a property with substantial development potential in a highly desirable location. Whether you are looking to expand your real estate portfolio or create a multi-generational family estate, this property offers endless possibilities. Don't miss out on this exceptional investment opportunity in Birnie, Elgin.


Planning Permission
Planning Reference19/00061/APP

Tenure
Scottish equivalent of freehold.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ2,310 /mo.25 Years, 5% Interest
Loan
ÂŁ395,100
Total Repay
ÂŁ692,915

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ10,450
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 2.38%

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