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Birnie, Elgin, Moray IV30

Scotland

£349,000
Listed on 16/03/2026

Property Details

Bedrooms
4
Type
Detached

Description

This property offers a substantial investment opportunity, featuring a spacious four-bedroom family home set on approximately 0.6 acres, complemented by approved planning permissions for converting the adjacent former Birnie Inn into two additional dwellings – a four-bedroom and a two-bedroom house. The main residence provides generous living space across two floors, ideal for family life or as a rental option in the appealing rural hamlet of Birnie, which boasts panoramic countryside views while remaining conveniently close to Elgin’s comprehensive amenities. The home includes large rooms such as a living room with a cozy wood-burning stove, a dining kitchen equipped for family gatherings, and four double bedrooms that can serve different purposes including home office space. Outside, the property benefits from well-maintained gardens and ample parking areas. The potential for further development through the approved conversion of the former inn is particularly enticing, presenting options for holiday lets or permanent rentals, making this an attractive prospect for investors and developers alike.

Investment Analysis

(IV30 area)
Area Average
£189/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
71%
Properties sold annually

Local Market Trend (IV30)

Area prices are rising by +7.6% over the last 12 months
3 year growth: +16.9%
5 year growth: +24.0%
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

Birnie, Elgin, Moray IV30
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,259
Based on a loan of £261,750 over 30 years at 4.06% 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.

Price History

-6.9% since listed
£349,000£16,000(-4.4%)
16/03/2026
Current price
£365,000£10,000(-2.7%)
10/08/2025
£375,000Initial listing
04/08/2025

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