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Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 1
Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 2
Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 3
Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 4
Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 5
Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 6
Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 7
Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 8
Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 9
Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 10
Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD - Image 11

Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD

Scotland

£240,000
Listed on 24/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1109 sqft

Description

This detached three-bedroom bungalow offers a promising renovation opportunity in the sought-after coastal town of Lossiemouth, Scotland. Nestled in an established residential area, the property is ideally located within walking distance to local schools, beautiful beaches, shops, and RAF Lossiemouth. The spacious layout presents a versatile canvas for modernization, making it suitable for families, retirees, or anyone preferring single-level living. While the interior could benefit from updates to modernize its aesthetic and functionality, the generous room sizes and overall proportions are inviting for those looking to invest time and resources into crafting their ideal home. The expansive gardens at both the front and rear provide ample space for outdoor enhancements or landscaping projects. Additional features include a private driveway leading to a double garage and practical outbuildings. This property stands out with its solid foundation and exceptional potential for enhancement in one of Moray's most desirable coastal communities.

Investment Analysis

(IV31 area)

Above Market Value

This property is priced +16.1% above area average per sq ft

+16.1%
This Property
£216/sq ft
Area Average
£186/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£227,389
10% above area average per sq ft
Potential ROI
-18.8%
After renovation
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
77%
Properties sold annually

Local Market Trend (IV31)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -1.1%
5 year growth: +14.2%
Investment Disclaimer: Analysis based on IV31 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

Tigh Cairdeil, 57-59 Elgin Road, Lossiemouth, Moray IV31 6HD
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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
£866
Based on a loan of £180,000 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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