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Rheeves Farmhouse, Forres, Moray, IV36 - Image 1
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Rheeves Farmhouse, Forres, Moray, IV36

Scotland

£130,000
Listed on 25/11/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Rheeves Farmhouse, a charming former farmhouse built from rendered stone and topped with a pitched slate roof, offers bright living spaces across two levels. The property features an entrance vestibule that opens into a hallway leading to the first floor. To the right, you'll find a spacious kitchen, while the left houses a generous sitting room, both filled with natural light. Completing the ground floor are a bathroom and a useful store room. Upstairs are two well-sized bedrooms. A notable aspect is the rear extension that requires renovation; this area includes a previous kitchen layout, two ground floor rooms, and two attic bedrooms, which could be integrated back into the main house through an existing doorway. Central heating is provided by a solid fuel stove in the kitchen, and essential services include private water and drainage. This property presents significant renovation potential to create a bespoke family home in an accessible rural setting near Forres, which offers various shops and amenities as well as educational options up to secondary level nearby.

Investment Analysis

(IV36 area)
Area Average
£197/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (IV36)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 10.0%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on IV36 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

Rheeves Farmhouse, Forres, Moray, IV36
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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
£476
Based on a loan of £97,500 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