High Street, Elgin
By Cluny Estates Agents & Property Management
£ 90,000
Reviews
2 out of 5 stars
Cluny Estates Agents & Property Management says ..
With a sitting tenant, this two bedroom top floor flat enjoys a convenient location right in the heart of Elgin, within easy walking distance of local amenities, and would make an ideal investment purchase.
Property Oracle says ..
This two-bedroom flat on Elgin’s High Street presents a mixed bag. Its central location is a significant advantage, offering convenient access to Elgin’s amenities and public transport. The proximity to Elgin train station (ScotRail), as noted, adds to its appeal for commuters or those who value easy access to travel links. However, the property’s condition requires attention. While the kitchen and bathroom are functional, they are outdated and could benefit from modernisation. The rooms themselves are presented as empty shells, ready for renovation, therefore requiring significant investment. This suggests the property might appeal more to investors looking to renovate and resell or to rent out the property after improvements. The lack of outdoor space is a drawback. Overall, the property presents an opportunity, particularly for buyers with renovation experience or investment-focused goals. The £90,000 price tag seems competitive for the area, especially given its central location, but potential buyers should factor in renovation costs into their budget. Further investigation into the specific condition and potential issues is advisable before purchase.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 776.54
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
- 111,821.76 £Decreased by 0.69 %
- Average area rental value
- 842.00 £/moIncreased by 10.94 %
- Est letting value
- 776.54 £/moUnchanged by 0.00 %
- Est rental Yield
- 10.61 %Increased by 12.87 %
- Crime Rate
- 0.00 %
Agent Activity
Cluny Estates Agents & Property Management created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Thunderton Place | £ 0 | 0 | 0.00 KM |
| Murdoch's Wynd | £ 0 | 0 | 0.00 KM |
| Trinity Road | £ 0 | 0 | 0.00 KM |
| West Park Road | £ 0 | 0 | 0.00 KM |
| Bibby Place | £ 175,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Elgin | 8977 | ELG | 1.07 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Elgin | £ 90,000 | BUY | 5 / 10 | 0.00 KM |
| High Street, Elgin, Moray | £ 160,000 | BUY | 5 / 10 | 0.04 KM |
| Batchen Lane, Elgin, IV30 1LY | £ 85,000 | BUY | 7 / 10 | 0.18 KM |
| Murdochs Wynd, Elgin | £ 130,000 | BUY | 5 / 10 | 0.23 KM |
| St John's Court, Hay Street, Elgin | £ 85,000 | BUY | 7 / 10 | 0.24 KM |