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Pitgaveny Street, Planning Permission... Flat for sale
Pitgaveny Street, Planning Permission Granted, Lossiemouth IV31
£147,000
Pitgaveny Street, Planning Permission Granted, Lossiemouth IV31
£147,000
Our Summary
- FANTASTIC DEVELOPMENT OPPORTUNITY
- *PLANNING PERMISSION GRANTED for conversion to 8 x Serviced Apartments and 2 x commercial units* in stunning location on Lossiemouth Harbour
- The ground floor commercial units offer potential rental income of up to £6,000 per annum per property- giving an additional potential income of £12,000 per annum
- Auction Details07 November 2025, 12pm 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: 07 November 2025
Description
This is a fantastic development opportunity in a stunning location on Lossiemouth Harbour, set on the Speyside Malt Whisky Trail. Planning permission has been granted to convert the property into 8 serviced apartments and 2 commercial units, generating massive demand for short-term accommodation. With realistic potential income of up to £150 per night per property, the apartments could generate an income of over £320,000 per annum, assuming 75% occupancy rates. The ground floor commercial units also offer potential rental income of up to £6,000 per annum per property, adding an additional £12,000 per annum to the potential income. This is a 100% prime investment opportunity with super location within the popular Moray coastal town of Lossiemouth, offering access to local attractions and stunning views of the harbour filled with pleasure boats and yachts all year.