5 bedroom detached house for sale

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• Prime Property Auctions New Entry. Large 5 bedroom Detached house, located in a sought after rural location in Alves, Forres.  *HOME REPORT VALUATION £340,000*

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• *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.*

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• Property would benefit from renovation to unleash its true potential. Sure to appeal to investors/builders looking for a great project. BRR Strategy Opportunity.

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• 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*

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• 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.  *HOME REPORT VALUATION £340,000 *

*MASSIVE DISCOUNT FROM HOME REPORT VALUATION *

 

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 Massive Discount from Home Report. 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.