5 bedroom detached house for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions New Entry. Large 5 bedroom Detached house, located in a sought after rural location in Alves, Forres. *Guide Price £290,000* *HOME REPORT VALUATION £340,000 *
- *Ordies Farmhouse, Alves, Forres, IV36 2 RB Previously sold for £348,000. Cothall Farm, Forres, Moray, IV36 2 RA Previously sold for £465,000. Equus, Roseisle, Elgin, Moray, IV30 5 YP Previously sol
- Property would benefit from renovation to unleash its true potential. Sure to appeal to investors/builders looking for a great project. BRR Strategy Opportunity.
- Once renovated, the property could potentially lend itself for use as an Air bnb / Serviced accommodation, subject to gaining necessary permissions. Comparable properties in the area are achieving up
- The property is set within a small rural village location, not too far from local amenities.
- Prime Property Auctions New Entry. Large 5 bedroom Detached house, located in a sought after rural location in Alves, Forres. *Guide Price £265,000* *HOME REPORT VALUATION £340,000*
- *Ordies Farmhouse, Alves, Forres, IV36 2RB Previously sold for £348,000. Cothall Farm, Forres, Moray, IV36 2RA Previously sold for £465,000. Equus, Roseisle, Elgin, Moray, IV30 5YP Previously sold for £462,500.*
- Property would benefit from renovation to unleash its true potential. Sure to appeal to investors/builders looking for a great project. BRR Strategy Opportunity.
- Once renovated, the property could potentially lend itself for use as an Air bnb / Serviced accommodation, subject to gaining necessary permissions. Comparable properties in the area are achieving upwards of £140 a night. *GREAT YIELD POTENTIAL*
- The property is set within a small rural village location, not too far from local amenities.
Large 5 bedroom Detached house, located in a sought after rural location in Alves, Forres. *Guide Price £265,000* *HOME REPORT VALUATION £340,000 *
*MASSIVE DISCOUNT FROM HR IF ACHIEVED FOR GUIDE PRICE OF £265,000*
Property is set in a beautiful location. Excellent sales evidence within local area:
*Ordies Farmhouse, Alves, Forres, IV36 2RB Previously sold for £348,000. Cothall Farm, Forres, Moray, IV36 2RA Previously sold for £465,000. Equus, Roseisle, Elgin, Moray, IV30 5YP Previously sold for £462,500.*
Property would benefit from renovation to unleash its true potential. Sure to appeal to investors/builders looking for a great project. Once the property is renovated it will make a great family home or use as a buy to let investment or Serviced accommodation.
Excellent BRR opportunity. Sure to appeal to investors looking for a fantastic Serviced accommodation property/ flip opportunity.
Should the property be used as a serviced accommodation the property would attract a nightly rate of £140 - £175 per night. Potential of £2,940 - £3,675 per month at 70% occupancy rate.
This property is sure to appeal to flip investors and serviced accommodation operators. RARE AUCTION PROPERTY.
Property is being offered at a Guide price of £265,000. Huge discount from Home report valuation of £340,000 to ensure sale at Auction.
Potentially high yielding investment property.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Alves is a small, rural village located between Forres and Elgin in Moray, offering a quiet, countryside lifestyle with easy access to both towns. Forres, known for its rich history, vibrant community, and proximity to scenic landscapes like the Cairngorms and Moray Coast, is a desirable place for those seeking a blend of heritage and outdoor activities. Both Alves and Forres benefit from affordable property prices, making them attractive for investment. Their location offers good transport links, local amenities, and a high quality of life, appealing to families, retirees, and those looking for holiday homes or rental properties.
Places of interest
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Property reference 210932949. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on February 3, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 3, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 24, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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