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5 bedroom detached house for sale
, Westhall Church, Cullen, AB565YJ
£30,000
, Westhall Church, Cullen, AB565YJ
£30,000
Our Summary
- ** SALE BY AUCTION - 19 December 2024 - Timed Online Auction **DEVELOPMENT OPPORTUNITY stunning rural former church building suitable for conversion into a 5 bedroom house
- Unique lot would suite shrewd investor / builder looking for development project
- FREEHOLD **OUTSTANDING DEVELOPMENT OPPORTUNITY** Derelict church building suitable for conversion into large 5 bedroomed house
- RENTAL INCOME POTENTIAL up to £60,000-£100,000pa (£60per night per room x 200 Nights) Perfect for exploring the Moray coast and Speyside Building currently has existing 1 bedroom vestry house requiring full refurbishment
- Great Capital Growth Potential with excellent sales evidence, Ideal for builder or developer
- Johns Church, Deskford sold for £425000 June 2022; 6 Hillview, Deskford sold for £310000 Jan 2022; CAPITAL GROWTH POTENTIAL An idyllic location just south of Cullen - convenient for all the attractions of Speyside, the Moray Firth and NE Scotland
- Auction Details19 December 2024, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
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Description
This is a development opportunity to purchase a former church building in a rural location, suitable for conversion into a 5-bedroom house. The property is situated in the parish of Deskford, near Cullen, and is surrounded by wildlife. The church building is currently derelict and has a 1-bedroom vestry house that requires full refurbishment. The property has potential for rental income, with estimates suggesting up to £60,000-£100,000 per annum. The location is ideal for exploring the Moray coast and Speyside, with nearby attractions such as castles, fishing villages, and whisky distilleries. The property is being sold by auction on December 19, 2024, and is expected to generate a high capital yield and excellent capital growth potential, with local sales evidence supporting this.