4-bedroom bungalow · IV36 1HE
SoldListed 423 daysAuction 12 Feb · ended
Opportunity summary
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About
** sale by auction - 12 February 2026 - Timed Online Auction ** Extended 4 Bedroom, 2 Bathroom semi-detached house in extremely popular residential area within the former Royal Burgh of Forres.
Property sold with tenants in place paying £795pcm (£9,540 per annum). Property comprises Entrance Hallway, Lounge, Dining Area, Kitchen, 4 Double Bedrooms and 2 Bathrooms.
Gas central heating, Double Glazing, Garage, Off-street parking and good-sized garden grounds.
Super family location seconds from Pilmuir Primary School, Forres Academy, Forres Swimming Pool, Tesco Superstore, and a number of excellent local and national retailers.
Close to Forres Train Station.recent sales: 57 Pilmuir Road, Forres- £221,000, Oct 21 10 Pilmuir Road, Forres- £176,000, Oct 21 24, Pilmuir Road, Forres, £162,000 Super investment with immediate rental income.
Forres is a town and former royal burgh in the north of Scotland on the Moray coast, approximately 25 miles northeast of Inverness and 12 miles west of Elgin. Serve by main-line train station.
Forres is a thriving small town in the northeast of Scotland.
With an active high street offering butchers, bakers, cafes, gift shops, hairdressers, a tailor, post office and grocery shops, it continues to offer a wide selection of services.
The town boasts large parks and woodland walks, having been placed, or won, the relevant section of Britain in Bloom on multiple occasions.
Primary and secondary schooling is available in the town, with the Drumduan Steiner school offering alternative education and Gordonstoun private school a mere 11 miles away with transport available daily.
Healthcare is available in Forres with hospitals in Elgin (12 miles) and Inverness (26) miles.
Transport links are excellent with a regular bus running between Aberdeen and Inverness, a train station also on the main line between Aberdeen and Inverness and airports in both Inverness and Aberdeen providing daily flights to domestic and international destinations.
Outdoor opportunities are incredible with the beautiful white sand beaches of Findhorn less than 5 miles away, offering sailing, paddleboarding and wild swimming, skiing is available in both The Lecht and Cairngorms, both less than an hour away, and endless opportunities for walking, biking and horse riding.
Best known originally a RAF base and now an army base, the town has a long history with the military.
Royal Air Force Kinloss or RAF Kinloss is a former Royal Air Force station located near the village of Kinloss.
Auction Details 12 February 2026,10am-3pm Timed Online Auction How to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 20, Pilmuir Road, Forres
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