Thom Street, Hopeman, Elgin IV30 4 bed villa for sale

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Thom Street, Hopeman, Elgin IV30 4 bed villa for sale

Thom Street, Hopeman, Elgin IV30
£195,000

Our Summary

  • *Large FREEHOLD detached cottage with workshop and large gardens* Discount on home report value* Fantastic development opportunity to create a stunning family home* *Substantial detached cottage
  • The property which is in need of a good deal of upgrading and modernisation thoughout further benefits from double glazing, oil central heating, solar panels and a substantial garden
  • Auction Details24 October 2025, 3pm Deadline for OffersHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
  • Future Property Auctions - Scotland's Largest Land and Property Auction House
  • AUCTION DATE: 24 October 2025

Description

This large, freehold detached cottage offers a fantastic development opportunity to create a stunning family home. The property, situated in the popular coastal village of Hopeman, features a main house with three bedrooms, kitchen, two public rooms, shower room, en-suite bathroom, and a separate one-bedroom annexe. The main house has vacant possession, while the annexe is tenanted with a passing rent of £500 per month. The property requires modernization and upgrading throughout, but benefits from double glazing, oil central heating, solar panels, and a substantial garden. With a discount on the home report value, this property presents an excellent opportunity to upgrade the main house while receiving rental income. The current owner has sold similar properties in the area for prices ranging from £320,000 to £370,000, making this a potential investment opportunity. The property will be auctioned on October 24, 2025, with a deadline for offers at 3 pm.