Summary - CRINAN, LOSSIEMOUTH ROAD, ELGIN IV30 4LF
1 bed 1 bath Land
**Standout Features:**
- Full planning permission for 12 modern flats
- Generous plot size
- Prime location within easy reach of Elgin town centre
- Increasing demand for rental properties in the area
- Designed with two-bedroom layouts and separate access
**Potential Downsides:**
- Area listed as 'very deprived'
- Broadband speeds reported as slow
Unlock a unique investment opportunity at Newfield House, located on Lossiemouth Road in Elgin. This prime site offers full planning permission for the construction of 12 well-designed flats, each featuring two bedrooms, an entrance hall, a bathroom, and a spacious kitchen/living area. With the current housing market in Elgin facing significant rental property shortages, this development is positioned to meet the rising demand, providing significant rental potential for savvy investors.
Nestled just a short distance from the heart of Elgin, residents will enjoy a blend of city conveniences and tranquil surroundings. The surrounding area, although classified as 'very deprived,' offers a developing community atmosphere with quick access to essential amenities and scenic rural landscapes. Additionally, the lot's generous size presents opportunities for future enhancements, ensuring that this investment can grow over time. Don’t miss out on this fantastic chance to capitalize on the thriving Elgin housing market!
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