High Street, Elgin
CL

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 While the kitchen and bathroom are functional, they are outdated and could benefit from modernisation.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 %
from 96,931.00 £
Est sale value
111,821.76 £
Decreased by 0.69 %
from 112,598.30 £
Average area rental value
842.00 £/mo
Increased by 10.94 %
from 759.00 £/mo
Est letting value
776.54 £/mo
Unchanged by 0.00 %
from 776.54 £/mo
Est rental Yield
10.61 %
Increased by 12.87 %
from 9.40 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Cluny Estates Agents & Property Management created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Thunderton Place £ 000.00 KM
Murdoch's Wynd £ 000.00 KM
Trinity Road £ 000.00 KM
West Park Road £ 000.00 KM
Bibby Place £ 175,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Elgin8977ELG1.07 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Elgin £ 90,000BUY5 / 100.00 KM
High Street, Elgin, Moray £ 160,000BUY5 / 100.04 KM
Batchen Lane, Elgin, IV30 1LY £ 85,000BUY7 / 100.18 KM
Murdochs Wynd, Elgin £ 130,000BUY5 / 100.23 KM
St John's Court, Hay Street, Elgin £ 85,000BUY7 / 100.24 KM