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Bank Brae, Alford

Scotland

£260,000
Listed on 21/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1507 sqft

Description

This substantial five-bedroom family residence is situated in the sought-after village of Alford, presenting an exciting opportunity for renovation and investment. While the property has been well-maintained with double glazing and electric central heating, it does require some modernization, allowing you to personalize it to your liking. Upon entering, you're greeted by a bright vestibule leading into a cloakroom that offers a toilet and pedestal sink—an area ripe for updating. The spacious lounge is filled with natural light and features laminate flooring, freshly painted walls, and an electric wall fire, creating a cozy atmosphere. This room flows seamlessly into the open-plan dining area, complete with patio doors that provide easy access to the rear garden—perfect for families enjoying outdoor activities. The kitchen is currently dated but boasts ample potential. It contains a generous larder cupboard for storage and connects to a rear hallway that could easily be transformed into a utility space. The layout encourages creativity with future updates. On the ground floor, you'll find a well-proportioned bedroom equipped with built-in wardrobes, along with an en-suite bathroom that is convenient for those requiring easy accessibility. The upper level includes three additional good-sized bedrooms, two of which feature built-in storage and views of the front or rear garden. A versatile study currently serves as a home office but could easily be converted into an additional bedroom if needed. The property also includes a compact bathroom fitted with essential amenities, ensuring functionality while you plan future renovations. Outside, there’s a single garage with power access and both front and rear gardens—a blend of lawn areas bordered by hedges for privacy alongside a patio for outdoor relaxation. Alford itself is enriched by community facilities including schools from nursery to secondary level all within one campus, recreational spots like swimming pools and parks, as well as unique attractions such as the Grampian Transport Museum and dry ski centre. Its location offers ease of commuting to Inverurie or Westhill in about 25 minutes and Aberdeen within approximately 45 minutes. With its combination of space, location benefits, and potential for enhancement, this property represents an excellent investment opportunity in this vibrant village setting.

Investment Analysis

(AB33 area)

Below Market Value

This property is priced -9.1% below area average per sq ft

-9.1%
Potential saving
This Property
£173/sq ft
Area Average
£190/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£314,466
10% above area average per sq ft
Potential ROI
+4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
74%
Properties sold annually

Local Market Trend (AB33)

Area prices are rising by +7.6% over the last 12 months
3 year growth: -4.8%
5 year growth: 10.3%
Investment Disclaimer: Analysis based on AB33 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.

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Location

Bank Brae, Alford
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