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Tregarne, King Street, Elgin, Moray, IV30 1HU

Scotland

£235,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Detached
Area
915 sqft

Description

Introducing a historical property dating back to around 1850, this unique home features a later extension that expands its potential. Offering comfortable living across multiple levels, the layout includes a welcoming entrance vestibule leading into an expansive hallway. The ground floor comprises a cozy lounge with attractive dual-aspect windows, a kitchen ripe for modernisation, and a versatile dining room which could easily serve as an additional bedroom. A convenient shower room completes this level, while the first floor hosts three well-sized bedrooms capable of accommodating various layouts. Externally, the property is surrounded by delightful enclosed garden grounds and includes two garages along with driveway access. The mature garden is beautifully maintained and offers ample space for outdoor activities or further enhancement. Though equipped with gas central heating and safety features such as interlinked detectors, some areas are primed for renovation to maximise their investment potential. Located centrally near Elgin Cathedral, this property appeals to buyers looking to add value through updates and personalisation.

Investment Analysis

(IV30 area)

Above Market Value

This property is priced +35.4% above area average per sq ft

+35.4%
This Property
£257/sq ft
Area Average
£190/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£190,983
10% above area average per sq ft
Potential ROI
-30.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (IV30)

Area prices are rising by +7.1% over the last 12 months
3 year growth: +15.8%
5 year growth: +22.6%
Investment Disclaimer: Analysis based on IV30 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Tregarne, King Street, Elgin, Moray, IV30 1HU
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£832
Based on a loan of £176,250 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Price History

-2.1% since listed
£235,000£5,000(-2.1%)
04/11/2025
Current price
£240,000Initial listing
13/10/2025

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