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27 Institution Road, Fochabers, Morayshire, IV32 - Image 1
27 Institution Road, Fochabers, Morayshire, IV32 - Image 2
27 Institution Road, Fochabers, Morayshire, IV32 - Image 3

27 Institution Road, Fochabers, Morayshire, IV32

Scotland

£75,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached property is located in a residential area of the sought-after Speyside village of Fochabers, offering a blend of convenience and potential. With three bedrooms, the former cottage presents a unique opportunity for renovation or redevelopment. The surrounding neighborhood benefits from close proximity to local shops, supermarkets, and schools, making it an attractive option for families and investors alike. Currently under a Closing Order from The Moray Council (reference - 20/00005/CLOSE), this property will require careful consideration by any prospective buyer. The order mandates compliance with specific stipulations, whether that involves upgrading the existing structure to meet acceptable standards or pursuing demolition and new construction—subject to obtaining the necessary consents. This is an ideal scenario for those looking to invest in a project with significant upside potential. The location’s amenities and community atmosphere further enhance its appeal, making it not just a purchase but an opportunity to shape a property according to your vision.

Investment Analysis

(IV32 area)
Area Average
£180/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
100%
Properties sold annually

Local Market Trend (IV32)

Area prices are rising by +12.0% over the last 12 months
3 year growth: 16.8%
5 year growth: 34.8%
Investment Disclaimer: Analysis based on IV32 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.

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Location

27 Institution Road, Fochabers, Morayshire, IV32
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