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Mayne Road, Elgin

Scotland

£260,000

Listed on 10/06/2026

Property Details

Bedrooms
6
Type
Detached

Description

Constructed in 1827, this three-storey detached house is a Grade B Listed property located in the desirable West End of Elgin. The building currently operates as commercial premises, but with an application already submitted for conversion to residential status, it presents an excellent investment opportunity. Proposed renovation plans have been prepared by CM Design and are available for review at the local office. Once transformed, the layout would feature a welcoming entrance vestibule, spacious lounge with a fireplace, a family dining area that flows into the kitchen and leads to an outdoor deck. The first floor would host two en suite bedrooms alongside a generous study area, while the lower ground level would include additional bedrooms and communal spaces suitable for family living. The exterior boasts a charming front garden with mature landscaping and off-street parking accessible via South Street. This property stands out not only for its historic character but also for its potential to be transformed into a modern family home amidst Elgin's amenities and transport links.

Investment Analysis

(IV30 area)
Area Average
£191/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (IV30)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +12.5%
5 year growth: +20.3%
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

Mayne Road, Elgin
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£982
Based on a loan of £195,000 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.

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