This detached three-bedroom residence in the well-regarded area of Forres offers significant investment potential for those looking to create a customized family home. The property is ripe for a comprehensive renovation and modernization effort, providing an exciting opportunity for buyers to enhance its considerable space according to their preferences.
The current layout features an entrance vestibule, a lounge, a kitchen/diner, a dining room, and a ground floor bedroom with a shower room. There are also two additional bedrooms and a bathroom located on the first floor, offering flexibility in living arrangements.
However, it is essential to note that the property requires modernisation throughout, particularly concerning the rear extension where signs of settlement have been noted. An independent structural engineer's report indicates that while the main structure of this older villa remains generally sound, further investigation into the extension is advisable before proceeding with any refurbishment plans.
The property has been assessed as mortgageable but comes with a £30,000 retention due to necessary works on the extension. With an appealing pricing strategy inviting offers over £190,000—substantially below the Home Report valuation—this is an ideal scenario for buyers aiming to capitalize on renovations that could significantly increase property value in this sought-after locale.
For investors or homeowners eager to tackle a rewarding project and transform this attractive house into their dream family dwelling, opportunities like this are rare. The structural integrity of the original building has been validated by experts, providing peace of mind as you plan your improvements.
