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4 bed detached house
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Our Summary
- An opportunity to acquire a detached 3/4 bedroom home in a well-established area of Forres, offering excellent potential for those prepared to undertake a substantial and involved project
- This is not a standard renovation and is being marketed with complete transparency; the property requires significant investment and major works and will best suit experienced developers, builders, or buyers with the vision and resources to restore it into a fantastic family home
- It is important that prospective purchasers are fully aware that the property requires extensive works throughout, not only in terms of internal modernisation and refurbishment, but also structurally
- This represents not only the retention amount but a further reduction, positioning the property at £50,000 below the full Home Report value to allow a purchaser the scope to undertake the necessary works and ultimately create a superb home
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Description
The property is a detached 3/4 bedroom home in a well-established area of Forres, offering potential for restoration. The current accommodation includes an entrance vestibule, lounge, kitchen/diner, dining room, ground floor bedroom, shower room, and bathroom on the half landing, with two further bedrooms on the first floor. The property requires significant investment and major works, including internal modernisation, refurbishment, and structural repairs due to settlement and movement issues, which are causing cracking in walls and deflection in flooring.
A retaining fund of £30,000 has been applied due to these necessary works.