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Fife Street, Craigellachie, Aberlour, AB38

Scotland

£120,000

Listed on 04/06/2026

Property Details

Bedrooms
1
Type
Detached Bungalow
Area
578 sqft

Description

Presenting an intriguing investment opportunity in the heart of Craigellachie, this one-bedroom detached bungalow offers significant potential for renovation. The property is set within a spacious plot, featuring a stone-chipped driveway that accommodates two vehicles and a rear garden perfect for leisure activities. Inside, the cottage showcases robust stone and slate construction, enhanced by full uPVC double glazing and gas central heating. Upon entering, a small hallway leads to the various living areas. To the right, the generously sized bathroom currently features aquasplash panelling with potential for a modern upgrade, including room to install both a separate shower and bath if desired. The left side hosts a large double bedroom complete with a small Aberdeen press; while it lacks built-in storage, there is ample space for standalone furniture options. The family lounge at the centre of the home offers good dimensions along with an open fire and views of the rear garden through large windows. The kitchen comes equipped with essential amenities such as a ceramic hob, sufficient storage options, and space for additional appliances like an under-counter fridge and dishwasher. Further storage is available in the cupboards above the work surfaces. Accessible from both the lounge and external storm porch—which houses the boiler—the rear garden offers a tranquil outdoor space while additional basement storage enhances practicality. While this cottage requires substantial modernisation to meet contemporary standards, it stands as an excellent opportunity for first-time buyers or investors keen on a rewarding refurbishment project. Viewing is highly recommended to truly appreciate its potential.

Investment Analysis

(AB38 area)

Above Market Value

This property is priced +26.9% above area average per sq ft

+26.9%
This Property
£208/sq ft
Area Average
£164/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£104,049
10% above area average per sq ft
Potential ROI
-28.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (AB38)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +27.5%
5 year growth: +25.8%
Investment Disclaimer: Analysis based on AB38 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

Fife Street, Craigellachie, Aberlour, AB38
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 over 30 years at 4.45% 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

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