Old Ralia, Newtonmore **CLOSING DATE WEDNESDAY 6TH NOVEMBER AT 12PM**
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Old Ralia, Newtonmore **CLOSING DATE WEDNESDAY 6TH NOVEMBER AT 12PM**

By Caledonia Estate Agency

£ 235,000

Reviews

3 out of 5 stars

Caledonia Estate Agency says ..

“Old Ralia” is a traditional, stone built house in an enviable location on the outskirts of Newtonmore.  The property sits within approximately 4 acres of garden grounds and enjoys woodland views. The property itself is derelict and requires significant renova...

Property Oracle says ..

This property in Newtonmore, Highland, presents a unique opportunity for a buyer willing to undertake a significant renovation project. The listing highlights a traditional, stone-built house situated within approximately 4 acres of garden grounds. The surrounding area offers stunning woodland views and a peaceful environment, typical of the Cairngorms National Park. However, it is crucial to note that the property is currently derelict and requires extensive repairs or even complete renovation. The images provided illustrate a significant level of disrepair, both internally and externally. There is also overgrowth of the land surrounding the property. The absence of listed bedrooms and bathrooms further suggests a lack of readily available habitable space. This project is likely suited to a buyer with experience in renovation or a substantial budget for professional contractors. While the vast plot size and scenic location are substantial selling points, potential buyers must consider the substantial costs and time investment required before making an offer. The railway station in Newtonmore offers good transport links, which could appeal to certain buyers. The lack of readily available data on schools and nearby comparable properties limits detailed analysis, but the available data does suggest the location is relatively desirable, at least in terms of scenery and relative transport links. The price should therefore be viewed as reflecting the large amount of land and location with the need for significant renovation work in mind.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
3
Location
7
Land
9
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
314,643.00 £
Decreased by 7.76 %
from 341,104.00 £
Average area rental value
950.00 £/mo
Increased by 16.28 %
from 817.00 £/mo
Est rental Yield
3.62 %
Increased by 26.13 %
from 2.87 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Caledonia Estate Agency created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
B9150 £ 150,00000.00 KM
Laggan Road £ 000.00 KM
Loch na Leoba Road £ 340,00000.00 KM
Craigdhu Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newtonmore8668NWR1.49 KM
Kingussie8655KIN9.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newtonmore, Inverness-Shire £ 460,000BUY7 / 100.23 KM
Steading 2, Balvatin Cottages, Perth Road, Newtonmore £ 140,000BUY5 / 100.78 KM
Perth Road, Newtonmore, PH20 1BB £ 345,000BUY6 / 100.95 KM
Perth Road, Newtonmore, PH20 1BB £ 400,000BUY6 / 100.95 KM
Perth Road, Newtonmore, PH20 1BB £ 380,000BUY7 / 100.95 KM