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15 Macrae Avenue, Nairn, IV12 5AL - Image 1
15 Macrae Avenue, Nairn, IV12 5AL - Image 2
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15 Macrae Avenue, Nairn, IV12 5AL

Scotland

£165,000
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
689 sqft

Description

This two-bedroom bungalow presents a unique opportunity for those looking to invest in a renovation project within a desirable residential area of Nairn. Located just a short distance from the acclaimed local beach, town center, and golf course, this property benefits from its proximity to essential amenities while offering the tranquility of Highland living. The home requires comprehensive modernization, allowing buyers to tailor the space to their personal tastes and preferences. It features a spacious lounge that provides ample room for creative redesign, along with a kitchen that includes direct access to the rear garden. The layout also comprises two bedrooms and a family bathroom equipped with both a bath suite and an overhead shower—a solid foundation ready for updates. Externally, the property boasts front and rear gardens that present additional potential for landscaping or outdoor entertainment areas. A detached single garage enhances storage options while off-road parking with gated side access ensures convenience for residents and guests alike. This bungalow not only offers significant investment potential through renovation but also stands as an excellent choice for those aspiring to create their ideal Highland home in a sought-after location near the coast. With robust connectivity options like full 4G coverage and assumed services from Scottish Water for both water and sewerage, this property is poised for future enhancement in an attractive community.

Investment Analysis

(IV12 area)

Above Market Value

This property is priced +10.8% above area average per sq ft

+10.8%
This Property
£239/sq ft
Area Average
£216/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£163,782
10% above area average per sq ft
Potential ROI
-33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (IV12)

Area prices are rising by +5.5% over the last 12 months
3 year growth: 4.7%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on IV12 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

15 Macrae Avenue, Nairn, IV12 5AL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£604
Based on a loan of £123,750 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE