Academy Street, Elgin
CL

Academy Street, Elgin

By Cluny Estates Agents & Property Management

£ 240,000

Reviews

2 out of 5 stars

Cluny Estates Agents & Property Management says ..

This traditional stone and slate four bedroom town house offers accommodation over three floors, has an enclosed rear garden and would make an ideal family home 

Property Oracle says ..

This four-bedroom, two-bathroom property located on Academy Street in Elgin, Moray, offers a blend of potential and existing needs. The stone exterior suggests a property with character and potentially solid construction. While the proximity to Elgin’s city centre and a railway station is beneficial, data on local schools is lacking.

Inside, the property presents a mixed picture. The existing decor and fixtures appear outdated, necessitating significant modernisation. The kitchen, while functional, displays dated cabinets and a relatively simple design. Carpets throughout the house also seem worn, and a general refresh of the interior is recommended to enhance appeal. Several rooms contain original fireplaces which could be refurbished to add character, if desired. The bathrooms appear older and might benefit from updating.

The property boasts a garden, although it seems quite small from the images provided and will likely require tidying and landscaping. Overall, the property at Academy Street is a potentially sound investment, but prospective buyers should factor in renovation costs which will form a large part of the overall expenditure. The property would benefit from a refurbishment and modern upgrades. This will likely be needed before the property could be either rented or occupied.

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
3
Bedrooms
4
Bathrooms
2
Sqft (est)
1,000.00

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
144,000.00 £
Decreased by 0.69 %
from 145,000.00 £
Average area rental value
842.00 £/mo
Increased by 10.94 %
from 759.00 £/mo
Est letting value
1,000.00 £/mo
Unchanged by 0.00 %
from 1,000.00 £/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
South Guildry Street £ 184,97500.00 KM
High Street £ 000.00 KM
St. Giles Road £ 000.00 KM
Reidhaven Street £ 000.00 KM
Duff Avenue £ 520,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Elgin8977ELG0.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Academy Street, Elgin, Moray (Elginshire) £ 220,000BUY4 / 100.00 KM
Maida Place, Elgin £ 387,000BUY7 / 100.06 KM
Moss Street, Elgin £ 425,000BUY7 / 100.08 KM
Moray Street, Elgin, IV30 1LN £ 99,000BUYUnknown0.14 KM
Flat 2 Mcewan House 11 South Guildry Street, Elgin, IV30 1QN £ 100,000BUY7 / 100.22 KM