Harper Macleod says ..
Investment property situated in the popular coastal village of Hopeman which is being sold with a sitting tenant in the Annexe. Due to this situation, any prospective buyer will have to find out from their mortgage lender if they are eligible for a mortgage to cover this type of purchase or idea...
Property Oracle says ..
This property is a four bedroom detached house located in Hopeman, Moray. The property is in need of modernisation and some repairs, as evidenced by the photos. The interior shows worn carpets, outdated fixtures and fittings, and some areas of damage. The exterior is a stone building which appears structurally sound, but the garden is relatively small. While the location is in a quiet residential area, there is no information provided about the proximity of schools, transportation or shops. The list price of £230,000 is significantly higher than the average price for the area (£87,143), but this is likely due to the property being a detached house and the larger size (1140 sqft). However, considering the required renovations, the price may not represent good value for money.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 4
- Location
- 5
- Land
- 3
- Bedrooms
- 4
- Bathrooms
- 4
- Sqft (est)
- 1,140.00
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
- 95,250.00 £Decreased by 1.73 %
- Est sale value
- 164,160.00 £Decreased by 0.69 %
- Average area rental value
- 842.00 £/moIncreased by 10.94 %
- Est letting value
- 1,140.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 10.61 %Increased by 12.87 %
- Crime Rate
- 0.00 %
Agent Activity
Harper Macleod created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Church Lane | £ 310,000 | 0 | 0.00 KM |
| Stuart Place | £ 549,500 | 0 | 0.00 KM |
| Hutcheon Street | £ 0 | 0 | 0.00 KM |
| Clark Street | £ 270,000 | 0 | 0.00 KM |
| Cooper Street | £ 257,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Thom Street, Hopeman | £ 230,000 | BUY | 4 / 10 | 0.00 KM |
| Kirk Cottage, Thom Street , Hopeman, Elgin, IV305TB | £ 166,000 | BUY | 6 / 10 | 0.07 KM |
| Thom Street, Hopeman | £ 150,000 | BUY | Unknown | 0.07 KM |
| Plot 1 Firth Rise, 71 Forsyth St, Hopeman | £ 549,500 | BUY | 6 / 10 | 0.19 KM |
| Hutcheon Street, Hopeman, IV30 | £ 310,000 | BUY | 6 / 10 | 0.21 KM |