Alves, Elgin, IV30
RE/MAX Property Marketing Centre logo

Alves, Elgin, IV30

By RE/MAX Property Marketing Centre

£ 320,000

Reviews

3 out of 5 stars

RE/MAX Property Marketing Centre says ..

Holly Burton from RE/MAX Evolution is delighted to bring to the market this stunning 5 bedroom detached bungalow.

Property Oracle says ..

This 5-bedroom detached bungalow in Alves, Elgin, offers a spacious interior and a sizable garden. The property appears well-maintained, although the interior décor might require updating to suit modern tastes. The photos reveal a layout that includes multiple bedrooms and a conservatory. The substantial garden offers plenty of space for outdoor pursuits and gardening. A notable feature is the greenhouse. The property’s rural location provides tranquility but means the buyers need to be comfortable with a location outside the immediate town of Elgin and possibly a longer commute to access certain services. A lack of readily available nearby schooling or transportation details makes it difficult to fully assess the immediate convenience of the property. The lack of readily available local pricing data per square foot makes a more definitive assessment of value challenging but considering the size of the home and the garden, £320,000 appears to be a fair list price within the broader context of the neighbouring street property values, whilst bearing in mind the relative remoteness of the property. Potential buyers should factor in travel time to Elgin and other necessary amenities when considering their suitability for this property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
4
Land
7
Bedrooms
5
Bathrooms
2
Sqft (est)
1,158.95

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
95,250.00 £
Decreased by 1.73 %
from 96,931.00 £
Est sale value
166,888.80 £
Decreased by 0.69 %
from 168,047.75 £
Average area rental value
842.00 £/mo
Increased by 10.94 %
from 759.00 £/mo
Est letting value
1,158.95 £/mo
Unchanged by 0.00 %
from 1,158.95 £/mo
Est rental Yield
10.61 %
Increased by 12.87 %
from 9.40 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • RE/MAX Property Marketing Centre created the listing.

Images

Lounge Lounge Garden Garden Garden Garden Shed The Property Garden Lounge Dining Kitchen Bedroom Bedroom Hall Bathroom Driveway Garden Dining Kitchen Dining Kitchen Conservatory 2 Bedroom Bedroom Vestibule Bathroom Shower Room Frontage Garden The Property Aerial View The Property Conservatory 1 Bedroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Carewell Steadings £ 000.00 KM
Moray Avenue £ 000.00 KM
Inchstelly Cottage £ 000.00 KM
Monaughty Farm Cottages £ 000.00 KM
Cloves Cottages £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Carsewell Steadings, Alves £ 285,000BUY7 / 100.18 KM
Carsewell Steadings, Alves £ 294,000BUY6 / 100.45 KM
Tucker Cottage, Main Road, Alves, Elgin, IV30 8UR £ 200,000BUY6 / 100.49 KM
Burghead Road, Alves, Elgin, Moray, IV30 £ 165,000BUY6 / 100.50 KM
Carsewell Cottage, 16 Main Road, Alves, Elgin, Moray, IV30 £ 210,000BUY7 / 100.55 KM