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16 South Guildry Street, Elgin, IV30 1QN

Scotland

£550,000

Listed on 12/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
4435 sqft

Description

This substantial townhouse, nestled in a sought-after area of Elgin, presents an excellent opportunity for those interested in renovating a property rich in character and history. Spanning approximately 412 sq m, the home is thoughtfully designed over multiple levels, blending elegant period features with the adaptability needed for contemporary family life. The elevated south-facing position affords lovely views of Brown Muir, enhancing the property's appeal. While the home benefits from tasteful décor and comfortable living spaces, there is significant potential for further modernization to suit personal tastes or enhance rental value. The ground floor opens to a generous vestibule and central hall leading to impressive reception rooms that offer abundant natural light through large bay windows. The kitchen, equipped with ample cabinetry and a traditional gas Aga, provides a solid foundation for a culinary upgrade. An adjoining utility room adds valuable storage space, and the sunroom connects effortlessly to the garden—ideal for creating an inviting outdoor entertaining area. On the first floor, five well-sized bedrooms provide versatility; some currently serve alternative functions that could easily be reverted back for more sleeping accommodations or even transformed into dedicated office spaces. The upper floor is currently styled as creative and study areas but holds potential for additional guest accommodations. Externally, the enclosed garden features practical outdoor spaces with options for landscaping modifications or enhancements for leisure activities. The property includes multiple outbuildings such as garages and sheds that could be repurposed or modernized as part of your renovation project. Overall, this residence stands as a promising investment in need of some medium refurbishment—but with its generous layout and historical charm, it can readily be transformed into a remarkable family home or lucrative rental property.

Investment Analysis

(IV30 area)

Below Market Value

This property is priced -35.1% below area average per sq ft

-35.1%
Potential saving
This Property
£124/sq ft
Area Average
£191/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £120,000
Target Value
£931,794
10% above area average per sq ft
Potential ROI
+39.1%
After renovation
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

16 South Guildry Street, Elgin, IV30 1QN
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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
£2,078
Based on a loan of £412,500 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

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