Worst House on the Street Logo
Nicol Street, Elgin - Image 1
Nicol Street, Elgin - Image 2
Nicol Street, Elgin - Image 3
Nicol Street, Elgin - Image 4
Nicol Street, Elgin - Image 5
Nicol Street, Elgin - Image 6
Nicol Street, Elgin - Image 7
Nicol Street, Elgin - Image 8
Nicol Street, Elgin - Image 9
Nicol Street, Elgin - Image 10
Nicol Street, Elgin - Image 11
Nicol Street, Elgin - Image 12
Nicol Street, Elgin - Image 13
Nicol Street, Elgin - Image 14
Nicol Street, Elgin - Image 15
Nicol Street, Elgin - Image 16
Nicol Street, Elgin - Image 17
Nicol Street, Elgin - Image 18
Nicol Street, Elgin - Image 19

Nicol Street, Elgin

Scotland

£170,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Detached

Description

This three-bedroom detached house in New Elgin presents a significant opportunity for renovation and investment. Comprising two reception rooms, a kitchen, utility room, and shower room, the property boasts a spacious garden at the rear along with various outbuildings and a garage that requires attention. The house has been left in its original condition, allowing prospective buyers to custom tailor upgrades to their own tastes and standards. Located in a desirable and quiet residential area, just minutes from Elgin's bustling city center, the property benefits from proximity to local amenities including healthcare facilities, educational institutions, and recreational options. The interior features an entrance hallway leading to a living room with a tiled fireplace, a compact kitchen needing modernization, and an adaptable living room/bedroom at the rear with potential for enhanced use. Upstairs are two double bedrooms with charming coombed ceilings that add character but also require refreshment. The expansive outdoor space is currently overgrown but offers fantastic potential for landscaping or further development such as extending the house or adding amenities like a summer house. The existing garage necessitates repair work but can serve as valuable storage or workshop space. Overall, this property holds promise for those looking to create a comfortable family home through thoughtful renovations.

Investment Analysis

(IV30 area)
Area Average
£191/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £75,000
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

Nicol Street, Elgin
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.