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£120,000

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5 Pine Court Nairn Road, Forres, IV36 1FF

Residential

flat

Vacant

2

bed

1

bath

1

reception

Tax band: B

Freehold

Fantastic Residential Opportunity

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Description

  • PRIME NEW ENTRY. We are excited to bring to market this excellent 2 bed flat, located within a prime location in Forres - **HOME REPORT £130,000**

  • **13a Tolbooth Street, Forres, IV36 1PH Previously sold for £140,000. 2, St Laurence Court, Forres, IV36 1QA Previously sold for £135,000**

  • Sure to appeal to homeowners looking for an excellently presented new home or shrewd investors looking for a fantastic investment opportunity. 

  • For rental purposes, the property could potentially achieve £650-£750 p/m (£7,800-£9,000 p/a). Great yield potential. 

  • Property is located near a host of local amenities including shops and restaurants, with local schools & easy access to public transport nearby. Property is just 4 minutes from Forres train station. 

Prime Property Auctions NEW ENTRY. Fantastic 2 Bedroom flat, located within a sought after location in Forress. **HOME REPORT £130,000**

Property comprises:

Entrance hallway, living room, kitchen, 2 spacious bedrooms, attic space, bathroom & balcony. Property benefits from ample storage throughout. 

Excellently presented property, finished to a high standard.

Local Sales Evidence:

**13a Tolbooth Street, Forres, IV36 1PH Previously sold for £140,000. 2, St Laurence Court, Forres, IV36 1QA Previously sold for £135,000**

Prime Opportunity for Property investors & homeowners looking for a property in an excellent location. Property is ready to move into / let. Fantastic Capital growth potential. 

Property has potential to achieve £7,800-£9,000 p/a. Sure to appeal to buy to let investors. 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location

Forres is one of Moray’s most desirable towns, attracting both residents and property investors thanks to its combination of excellent quality of life, strong transport links to Inverness and Aberdeen, beautiful surrounding countryside and coastline, and relatively affordable property prices compared with many parts of Scotland. The town benefits from a stable local economy supported by tourism, food and drink, renewable energy, nearby RAF and public-sector employment, while its good schools, community atmosphere and access to outdoor pursuits make it particularly appealing to families, retirees and remote workers. For investors, Forres offers consistent demand from local buyers and tenants, attractive yields compared with larger Scottish cities, and long-term growth potential driven by continued investment across the Moray region. 

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£18,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.