2-bedroom detached house · AB56 5JP
For saleListed 84 days
Opportunity summary
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About
The Old Granary and Home Farm are situated in an idyllic rural location about 3 miles south of Buckie in the county of Moray.
Buckie has a good range of local amenities including a variety of shops, supermarkets and both primary and secondary schooling.
Further afield, Cullen (about 7 miles) and Fochabers (about 9 miles) provide additional daily amenities and schooling.
Keith (about 11 miles) has a railway station with regular trains to Aberdeen and Inverness, whilst the city of Elgin (about 18 miles) has a wider range of facilities.
Moray, which includes the historic county of Banff, is renowned as being one of the sunniest and driest counties in the country and offers a wide range of excellent places to stay, eat and shop.
The local area is famed for its breath-taking scenery, long sandy beaches and wildlife and offers wonderful leisure and recreational opportunities.
There are many golf courses accessible within a short drive of the property whilst the county also offers superb Salmon and Trout fishing including the highly acclaimed Rivers Spey and Deveron nearby.
A popular tourist area, local attractions also include ‘The Whisky Trail’, Duff House and Museum in Banff whilst Royal Deeside is about an hour and a half drive away.
Aberdeen International Airport is about 55 miles away offering regular domestic and international flights whilst Aberdeen (about 61 miles) offers an extensive range of amenities including excellent shopping facilities and a superb choice of restaurants, galleries, clubs and theatres.
The Old Granary and Home Farm, comprise two distinct properties, originally forming part of Letterfourie Estate.
The Old Granary was purchased as a ruin in 2005 and over the years it has been comprehensively and sympathetically converted into an elegant and most impressive residence.
The Home Farm was acquired more recently in 2012 and similarly, significant improvements were made to create another distinct and very desirable property in its own right.
Both dwellings complement one another and sit in a quiet and yet easily accessible rural setting.
The property is available as a whole or with the ability to acquire The Old Granary and garden as a separate lot.
Lot 1 - The Old Granary, which is grade B listed, dates from 1776 and once formed part of a larger U shaped steading.
Built from stone under a slate roof and comprising the former grain store for the Letterfourie Estate, the building has been transformed from a ruin in 2005 into a magnificent private home of enormous character.
The very well-appointed accommodation is provided over a series of levels and have been completed to the highest standard.
From the hallway, doors lead to a very useful and spacious boot room / laundry room and a cloak room whilst a wonderful and brightly lit study offers potential for use as an additional bedroom.
There is a wonderful walk in larder adjacent to the wonderful open plan dining kitchen.
This hugely impressive room has a substantial range of bespoke cabinets, a range cooker (Everhot), a wood burning stove and four east facing windows that flood the room with natural light.
From here, a stable doors opens to the garden to the west. Adjoining the kitchen is the dining hall.
Another magnificent room and at over 9 metres long, is a wonderful reception space with its full height ceiling and large windows that enhance the natural light.
Continuing from the dining hall is a very cosy and welcoming sitting room with a fireplace and wood burning stove. Two generously sized bedrooms with ‘en suite’ bathrooms completes the accommodation.
With many fine features including tasteful décor, high quality kitchen and bathroom fittings, oak and Caithness flag stone flooring, fireplaces, tall ceilings, and electric under floor heating (in part), The Old Granary offers the best of contemporary living with period charm and elegance.
Outside, there is a beautifully landscaped garden with areas of lawn flanked by mature woodland and a former (now derelict) steading which may offer scope for further development (subject to planning).
EPC Rating = E
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About The Old Granary & Home Farm, Drybridge, Buckie, Moray, AB56
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