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The Steadings, Spey Bay, Fochabers, Morayshire

Scotland

£750,000
Listed on 10/04/2026

Property Details

Bedrooms
6
Type
House
Area
1906 sqft

Description

Nestled in a tranquil coastal setting along the Moray Firth, this collection of traditional holiday homes presents a unique investment opportunity. Comprising three characterful lodges and an additional office unit within a repurposed farm courtyard, these properties offer considerable potential for refurbishment or modernization to enhance their appeal and profitability as holiday rentals. The stone and rendered facades contribute to their charm, while flexible internal layouts allow for creative reconfiguration. Each lodge features two bedrooms—ideal for accommodating guests—and various communal areas that could be upgraded to attract more visitors. The existing administrative block holds promise for conversion into further rental units or accommodation for owners, pending necessary permissions. With expansive gardens covering around half an acre and ample parking with EV charging capabilities, the grounds facilitate outdoor leisure activities, enhancing the overall guest experience. This property also benefits from its proximity to Spey Bay Beach and local amenities, making it a prime candidate for those looking to capitalize on the burgeoning holiday rental market.

Investment Analysis

(IV32 area)

Above Market Value

This property is priced +115.5% above area average per sq ft

+115.5%
This Property
£393/sq ft
Area Average
£183/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£382,839
10% above area average per sq ft
Potential ROI
-54.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (IV32)

Area prices are rising by +10.0% over the last 12 months
3 year growth: +21.8%
5 year growth: +37.0%
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

The Steadings, Spey Bay, Fochabers, Morayshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,656
Based on a loan of £562,500 over 30 years at 3.91% 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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