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The Stores The Harbour, Burghead, Elgin, IV30 5UJ

Scotland

£150,000

Listed on 19/05/2026

Property Details

Bedrooms
4
Type
Commercial Property

Description

This unique property presents an exciting chance to transform a former workshop and storage site into a desirable residential development in the picturesque coastal village of Burghead. Nestled right by the harbour, the plot offers unobstructed views across the water and towards the breathtaking Moray Firth, making it a prime location for a bespoke residential project, subject to obtaining the necessary planning permissions. While it currently retains its historical function, this site is ripe for redevelopment and could be tailored into either a luxury single-family home or an exclusive multi-unit dwelling, capitalizing on its exceptional waterfront setting. The character of Burghead combined with its local amenities makes it an attractive option for potential homeowners seeking a lifestyle by the sea. This opportunity is rare, especially in such a sought-after area, where strong demand for quality housing persists. Prospective buyers should act quickly to explore this potential investment at the heart of Burghead's vibrant community.

Investment Analysis

(IV30 area)
Area Average
£190/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (IV30)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +14.9%
5 year growth: +22.3%
Investment Disclaimer: Analysis based on IV30 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 Stores The Harbour, Burghead, Elgin, IV30 5UJ
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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
£535
Based on a loan of £112,500 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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