27 Institution Road, Fochabers, Morayshire, IV32

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.