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High Street, Elgin IV30

Scotland

£100,000
Listed on 11/04/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
819 sqft

Description

This three-bedroom, Category C listed property is located in the heart of Elgin's High Street, offering a promising chance for those looking to undertake a renovation project. Though the home is currently in need of modernization and upgrades, it presents a unique opportunity to transform it into a tailored residence or a lucrative investment in a desirable area. The property boasts convenient access to numerous local amenities, including shops, cafes, and public transport, enhancing its appeal for both future homeowners and investors alike. With considerable potential to enhance its value through renovations, this property represents a rare find in a central location. The layout includes an entrance hallway leading to two ground-floor bedrooms and a bathroom. A carpeted staircase brings you up to the spacious lounge area that features ample natural light from multiple windows. The kitchen comes equipped with fitted units but requires updating to meet contemporary standards. Outside, the garden offers space for off-street parking following renovation efforts.

Investment Analysis

(IV30 area)

Below Market Value

This property is priced -35.7% below area average per sq ft

-35.7%
Potential saving
This Property
£122/sq ft
Area Average
£190/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£170,946
10% above area average per sq ft
Potential ROI
+14.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (IV30)

Area prices are rising by +7.1% over the last 12 months
3 year growth: +15.8%
5 year growth: +22.6%
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

High Street, Elgin IV30
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£354
Based on a loan of £75,000 over 30 years at 3.91% 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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