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2 and 2a South March, Bogmoor, Spey Bay

Scotland

£260,000
Listed on 23/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1539 sqft

Description

This three-bedroom detached bungalow, accompanied by a self-contained one-bedroom annexe, is situated in a peaceful cul-de-sac on the outskirts of Spey Bay, close to Fochabers. The property offers significant renovation potential, making it an attractive investment opportunity for those looking to create a modern family home with added versatility from the annexe. The main house features an entrance vestibule and hallway leading to a fitted dining kitchen, study, living room with wood-burning stove, dining area with sliding patio doors, three bedrooms (including one with built-in wardrobes), and a shower room. The annexe comprises its own vestibule, kitchen, living room with additional patio doors, double bedroom, and bathroom. Key amenities include double glazing throughout and oil-fired central heating servicing most rooms. The exterior boasts ample parking options with driveways on either side of the property, alongside two garages and established gardens surrounding the home. Additionally, drainage is managed via a private septic tank.

Investment Analysis

(IV32 area)

Below Market Value

This property is priced -6.8% below area average per sq ft

-6.8%
Potential saving
This Property
£169/sq ft
Area Average
£181/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£306,923
10% above area average per sq ft
Potential ROI
+2.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Market Turnover
%
Properties sold annually

Local Market Trend (IV32)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 12.8%
5 year growth: 33.4%
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.

Location

2 and 2a South March, Bogmoor, Spey Bay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£938
Based on a loan of £195,000 over 30 years at 4.06% 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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