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Waterside Street, Elgin IV30

Scotland

£99,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This spacious four-bedroom home is situated in a sought-after area of Elgin, conveniently located near the town center and a variety of amenities. The proximity to Cooper Park and the River Lossie enhances the appeal of this property, providing a serene outdoor space just a short stroll away. Set across three levels, this residence presents significant renovation potential. While it requires some modernization and updating, it offers ample scope for transformation into an ideal family home or investment opportunity. The layout maximizes space and offers versatile living areas that can be tailored to suit various needs. The ground floor features a welcoming hall that leads to the main lounge, characterized by its front-facing window and built-in alcoves with storage. Adjacent to this is the kitchen, equipped with essential units and plumbing for appliances, including a pantry cupboard for additional storage. The dining room benefits from natural light and fitted shelving, creating an inviting atmosphere for meals. On the upper floors, you will find four well-sized bedrooms, each with distinct characteristics that make them adaptable for different uses—whether as sleeping quarters or home offices. The shower room includes essential fixtures and decorative elements that could be enhanced further during renovations. The property does not include garden space; however, its location allows for easy access to nearby parks and recreational activities in the area. Elgin itself is a vibrant town known for its rich offerings—including outdoor pursuits like fishing, golfing, mountain biking, and walking. Investors may see this property as an excellent opportunity given its location within a growing community. With careful upgrades and modern touches, it has the potential to become not only a lovely family residence but also an attractive rental option due to its desirable location. For those looking to explore this property's potential further, internal viewing is encouraged to fully appreciate what it has to offer along with the surrounding benefits of living in Elgin. As there is no current garden space included with the property, prospective buyers should consider their personal preferences regarding outdoor spaces when making inquiries.

Investment Analysis

(IV30 area)
Area Average
£187/sq ft

Renovation Potential

Est. Renovation Cost
£9,900 - £24,750
10-25% of property value
Monthly Sales
60
Average per month
Market Turnover
88%
Properties sold annually

Local Market Trend (IV30)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 15.8%
5 year growth: 23.9%
Investment Disclaimer: Analysis based on IV30 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Waterside Street, Elgin IV30
Map showing location of Waterside Street, Elgin IV30
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