Millstone Cottage, Mosstowie, Elgin, IV30 8XE
By R & R Urquhart Property
£ 120,000
Reviews
2 out of 5 stars
R & R Urquhart Property says ..
For Sale: Idyllic 1.8-Acre South-Facing Property with Planning Permission & Mobile Cabin Nestled in a peaceful, rural setting with breathtaking views of farmland, rolling hills, and distant forests, this charming 1.8-acre property offers a rare opportunity for those seeking a tranquil life...
Property Oracle says ..
The property is situated in a rural location, surrounded by woodland and farmland. The images suggest a degree of seclusion, which may appeal to buyers seeking tranquility. However, the lack of information regarding nearby schools, transportation links, and amenities makes it difficult to definitively assess the location score. Further information would be needed to provide a more complete evaluation of its proximity to essential services and desirable features.
The condition of the property appears to require significant renovation. The images show a building that looks tired and in need of repair. The roof appears to be in poor condition, and the overall state of the property suggests a considerable amount of work would be needed to bring it up to a habitable standard.
The property benefits from a substantial plot of land, as evidenced by the aerial photographs. The extent of the land is not quantified, but it appears to be significantly larger than the average plot size in the area. This could be a significant advantage for buyers seeking space and privacy.
Considering the list price of £120,000, the average house price in the area of £87,143, and the apparent need for extensive renovation, the price seems potentially high. While the large plot of land adds value, the condition of the property itself would likely require a substantial investment to make it habitable. A detailed survey and costings for renovation would be needed to determine whether the asking price represents good value. Without this information, it’s difficult to definitively assess the price-to-value ratio. The property may appeal to buyers seeking a renovation project in a secluded, rural setting. However, potential buyers should be prepared for significant costs associated with bringing the property up to a modern standard.
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
- 5
- Condition
- 3
- Location
- 0
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
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 %
- Average area rental value
- 842.00 £/moIncreased by 10.94 %
- Est rental Yield
- 10.61 %Increased by 12.87 %
- Crime Rate
- 0.00 %
Agent Activity
R & R Urquhart Property created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cloves Cottages | £ 0 | 0 | 0.00 KM |
| Inchstelly Cottage | £ 0 | 0 | 0.00 KM |
| Moray Avenue | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Millstone Cottage, Mosstowie, Elgin, IV30 8XE | £ 120,000 | BUY | 5 / 10 | 0.00 KM |
| Building Plot, Easter Cloves, Mosstowie | £ 95,000 | BUY | Unknown | 1.64 KM |
| 7 Smiddy Place, IV30 | £ 125,000 | BUY | Unknown | 1.73 KM |
| Inchstelly Farmhouse, Alves, Elgin, Moray, IV30 | £ 430,000 | BUY | Unknown | 1.76 KM |
| Kirkton, Moray, Alves, IV30 8UY | £ 240,000 | BUY | 4 / 10 | 1.81 KM |