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2 Hillocks Way, Lossiemouth IV31 6HN - Image 1
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2 Hillocks Way, Lossiemouth IV31 6HN

Scotland

£90,000
Listed on 29/03/2026

Property Details

Bedrooms
1
Type
Terraced Bungalow
Area
549 sqft

Description

Nestled in the sought-after coastal town of Lossiemouth, this one-bedroom end-terraced bungalow presents an excellent opportunity for renovation and enhancement. The property boasts a welcoming living room filled with natural light, a spacious double bedroom with built-in storage, and a functional kitchen that overlooks the generous rear garden. The bathroom is equipped with essential fixtures. Prominently positioned within wrap-around gardens, there is significant potential to landscape or possibly extend the home (subject to necessary permissions). Ideally located for beach access, local amenities, and transport links, this residence is a compelling choice for first-time buyers, those looking to downsize, or investors aiming to capitalize on a renovation project in a highly desirable seaside area. The home report valuation as of early March 2026 stands at £90,000, with an EPC rating of D and Council Tax Band A.

Investment Analysis

(IV31 area)

Below Market Value

This property is priced -12.2% below area average per sq ft

-12.2%
Potential saving
This Property
£164/sq ft
Area Average
£187/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£112,748
10% above area average per sq ft
Potential ROI
-2.0%
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
60%
Properties sold annually

Local Market Trend (IV31)

Area prices are falling by -8.0% over the last 12 months
3 year growth: -6.1%
5 year growth: +12.8%
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

2 Hillocks Way, Lossiemouth IV31 6HN
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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
£325
Based on a loan of £67,500 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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