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Tor Na Gar Spey Bay Road, Fochabers IV32 7PT - Image 1
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Tor Na Gar Spey Bay Road, Fochabers IV32 7PT

Scotland

£220,000
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1345 sqft

Description

This property presents a unique opportunity to acquire a piece of Fochabers' heritage, featuring three bedrooms and one bathroom, making it suitable for families or those in need of extra space. Established in 1937, the home showcases original characteristics that could be beautifully integrated with modern renovations to align with current aesthetic preferences. Spanning 125 square metres, the layout offers significant potential for both refurbishments and possible extensions. Located within a community-focused suburb, the property benefits from its proximity to local amenities and picturesque natural landscapes, enhancing its investment appeal.<br><br>Fochabers is conveniently situated just a short drive away (2 miles) and provides easy access to schools and recreational facilities, reinforcing its attractiveness as a family-friendly location. The area boasts good transportation links for travel to nearby towns and cities, ensuring accessibility. This property holds potential for buyers seeking a long-term investment in a desirable neighbourhood—an opportunity not to be overlooked.

Investment Analysis

(IV32 area)

Below Market Value

This property is priced -9.8% below area average per sq ft

-9.8%
Potential saving
This Property
£164/sq ft
Area Average
£181/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£268,233
10% above area average per sq ft
Potential ROI
+3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Market Turnover
%
Properties sold annually

Local Market Trend (IV32)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 12.8%
5 year growth: 33.4%
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

Tor Na Gar Spey Bay Road, Fochabers IV32 7PT
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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
£793
Based on a loan of £165,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE