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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

This charming collection of holiday homes, nestled in a scenic location along the Moray Firth, boasts characterful stone facades and offers expansive views of the surrounding countryside. These properties are conveniently situated just moments away from Spey Bay Beach and an 18-hole golf course, making them an attractive investment opportunity. Spey Bay Lodges consists of three appealing holiday residences, alongside an office space within a converted farm courtyard that is set in a desirable and tranquil area. Each residence features flexible living arrangements that present various options for modernization or expansion, potentially enhancing rental income significantly. The dual-level Bunnyhops home includes two bedrooms, a spacious split-level kitchen with ample storage and integrated appliances, along with a bright sitting room bathed in natural light. Adjacent to it is Beach Breeze, which also offers two double bedrooms and a generous upstairs living space equipped with a kitchen. Curlew View serves as another inviting dwelling featuring similar amenities including two bedrooms and a shower room. Additionally, the office space provides opportunities for conversion into more rental units or accommodation for owners (subject to necessary permissions), adding further value to this investment. Situated on approximately half an acre of well-maintained gardens with open fields beyond, the property includes various outdoor seating areas and potential for landscaping improvements. The large courtyard provides ample parking and charging facilities for electric vehicles. The detached garage offers both parking options and considerable storage. The area's appeal is heightened by its proximity to the River Spey, famed for wildlife observation and walking trails like the Speyside Way. Local amenities are within reach in nearby Fochabers, while Elgin provides more extensive services. This property not only presents a unique charm but also significant potential for refurbishing efforts tailored toward maximizing rental capabilities or personal use.

Investment Analysis

(IV32 area)

Above Market Value

This property is priced +116.0% above area average per sq ft

+116.0%
This Property
£393/sq ft
Area Average
£182/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£382,001
10% above area average per sq ft
Potential ROI
-56.1%
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
39%
Properties sold annually

Local Market Trend (IV32)

Area prices are rising by +12.0% over the last 12 months
3 year growth: +26.3%
5 year growth: +39.5%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,676
Based on a loan of £562,500 over 30 years at 3.97% 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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