Allan Lane, Lossiemouth, IV31 6ES
HA

Allan Lane, Lossiemouth, IV31 6ES

By Hamish Homes Ltd

£ 150,000

Reviews

2 out of 5 stars

Hamish Homes Ltd says ..

Traditional Stone Built End-Terraced Three-Bedroom Cottage With Modern Conversions in Lossiemouth

Property Oracle says ..

This three-bedroom end-terraced cottage in Lossiemouth, Moray, offers a charming coastal living experience. The property is situated on Allan Lane, and while the immediate surroundings are not detailed in the provided information, its location suggests proximity to coastal walks and scenic views, however more information about its proximity to shops and schools is needed.

The interior of the house exhibits features suggestive of a property that would benefit from some modernisation and updating. The kitchen and bathrooms are dated, however functional. The flooring and wall coverings appear to be original, or at least very old, creating a dated aesthetic.

The photos show a modest exterior with a small, paved garden area which contains potted plants and a small area of grass. The inclusion of a small exterior space is a positive attribute of the property, providing some outdoor living.

In terms of value, the asking price of £150,000 needs further investigation. While data on average price per square foot is unavailable, nearby properties and streets offer a reasonable price comparison. The property, while requiring modernization, is situated in a desirable coastal town, representing potential for a reasonable return on investment once updated. Further research into comparable properties, the square footage and plot size is required before a firm conclusion can be reached. A survey would also be advisable to identify any potential issues prior to purchase. Overall this appears to be a charming property with significant potential, however the need for modernisation should be factored into any purchasing decision.

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
6
Location
5
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
807.00

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 %
from 96,931.00 £
Est sale value
116,208.00 £
Decreased by 0.69 %
from 117,015.00 £
Average area rental value
842.00 £/mo
Increased by 10.94 %
from 759.00 £/mo
Est letting value
807.00 £/mo
Unchanged by 0.00 %
from 807.00 £/mo
Est rental Yield
10.61 %
Increased by 12.87 %
from 9.40 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Hamish Homes Ltd marked this listing as sold.

  • Hamish Homes Ltd created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hillocks Way £ 000.00 KM
Seatown £ 137,50000.00 KM
Inchbroom Avenue £ 000.00 KM
Coulardhill £ 142,50000.00 KM
Peterkin Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Elgin8977ELG8.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Allan Lane, Lossiemouth, IV31 6ES £ 150,000BUY5 / 100.00 KM
Allan Lane, Lossiemouth, Moray, IV31 6ES £ 74,000BUY6 / 100.07 KM
45B Church Street, Lossiemouth, Morayshire, IV31 £ 299,995BUYUnknown0.16 KM
Church Street, Lossiemouth, Morayshire, IV31 £ 279,995BUY6 / 100.16 KM
Clifton Road, Lossiemouth, IV31 6DP £ 215,000BUY7 / 100.23 KM