Elgin Branch

62 High Street
Elgin, Moray
IV30 1BU
t: 01343 610520
e: info@cclproperty.com

Edinburgh Branch

Third floor,
3 Hill Street, New Town
Edinburgh
EH2 3JP
t: 0131 605 1969
e: info@cclproperty.com

Glasgow Branch

Technology House
9 Newton Place, Glasgow
G3 7PR
t: 0141 459 0969
e: info@cclproperty.com

Oban




t: 0163 125 0969
e: info@cclproperty.com

Little Cross House, Elgin, Morayshire, IV30 1DY

£195,000

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

Grade B Listed
Planning for 2 Bed Apt & 3 Studio Apt.
Ref. No: 23/01053/APP & 21/00553/LBC
Excellent Office Space
Rateable Value £17,250

Description

Located in the heart of historic Elgin, Scotland, Little Cross House is a Grade B Listed building situated adjacent to the iconic Little Cross monument. This property offers a unique blend of historical charm and modern living opportunities. Key Features Prime Location: Situated at the end of Elgin's High Street, with easy access to local amenities, including shops, cafes, restaurants, a cinema, and a leisure centre. Conversion Potential: Recently secured planning consent for conversion into residential units. The ground floor will become a one-bedroom flat, while the first floor will feature three HMO-licensed studio apartments. Original Features: Retains many original features and offers wonderful views across Elgin. Versatile Layout: Includes a spacious basement adaptable for various uses and a charming stone staircase leading to a communal entrance. Accessibility: Two convenient entrances and ample on-street parking and nearby car parks. Investment Opportunity: Little Cross House presents an excellent investment opportunity, combining historical charm with modern living arrangements in a prime location. Its proximity to Elgin's train and bus stations makes it an ideal base for exploring the Scottish Highlands and beyond.

Little Cross House, situated at the end of Elgin's High Street, occupies a prime location in this historic Scottish town. The property stands adjacent to the iconic Little Cross monument, which marks the boundary between secular Elgin and the religious Chanonry. Elgin, with a population of over 24,000, is the largest community in Moray Speyside, offering a wide range of amenities including shops, cafes, restaurants, a cinema, and a leisure centre. The town is well-connected, with a train station just a ten-minute walk from the centre and a bus station serving as the region's main transfer hub. Elgin's rich history is evident throughout, with attractions like Johnstons of Elgin and the Castle to Cathedral to Cashmere trail nearby. The town's strategic location, approximately 125 miles from Perth and 170 miles from Edinburgh, makes it an ideal base for exploring the Scottish Highlands and beyond.

Little Cross House, a Grade B Listed building, presents a unique opportunity. Recently granted planning consent for residential conversion, this property offers a blend of historical charm and modern living potential. The ground floor, currently an expansive open-plan office overlooking the bustling high street, is set to be transformed into a substantial two-bedroom flat. The first floor, presently comprising three spacious offices, has secured planning permission for three HMO-licensed studio apartments. Access to the upper floors is provided by a picturesque stone staircase leading to a communal entrance.

One of the most striking features of Little Cross House is its abundance of natural light, thanks to the numerous floor-to-ceiling windows throughout the property. Many rooms boast double aspect windows, flooding the interiors with sunlight and offering panoramic views across Elgin. The property's original architectural elements, including ornate cornicing, have been carefully preserved, adding a touch of elegance to the spacious interiors. These period features, combined with the property's prime location and versatile layout, make Little Cross House an exceptional investment opportunity.

The development potential of Little Cross House is particularly noteworthy. This project presents a unique chance to restore and repurpose a beautiful listed building for full-time use. With full planning approval secured, the property is poised to become a dedicated short-term leasing solution, specifically designed to accommodate NHS staff on temporary rotations. The development plan includes one self-contained two-bedroom flat, three HMO-licensed studio apartments with shared laundry facilities, and the potential for two additional apartments on the second floor, subject to necessary building warrant approvals. The basement will feature a secure bike storage, promoting sustainable transport options. This thoughtful repurposing not only preserves the building's architectural heritage but also provides a vital housing solution for essential NHS staff, seamlessly blending historic charm with modern functionality and community benefit.

Arrange Viewing

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£975 /mo.25 Years, 4.5% Interest
Loan
£175,500
Total Repay
£292,646

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£450
0% up to £150,000
1% from £150,000 to £195,000
Your effective LBTT is 0.23%

Register for Property Alerts

Register for Property Alerts

We tailor every marketing campaign to a customer’s requirements and we have access to quality marketing tools such as professional photography, video walk-throughs, drone video footage, distinctive floorplans which brings a property to life, right off of the screen.