Initial price	£290,000
04/10/24	£287,000
11/10/24	£270,000
21/11/24	£265,000
Price Change	-8.62%

This large 5-bedroom detached house is located in a sought-after rural location in Alves, Forres, and is being offered at a guide price of £265,000, with a Home Report valuation of £340,000. The property would benefit from renovation to unlock its true potential and could be used as a family home, buy-to-let investment, or serviced accommodation. With comparable properties in the area achieving upwards of £140 per night, there is potential for a high yield. The property is set in a beautiful location and has excellent sales evidence in the local area, with similar properties selling for up to £465,000. With a massive discount from the Home Report valuation, this is a rare auction property that is sure to appeal to investors and builders looking for a great project.