2 bed bungalow for sale

Cooper Street, Hopeman, Elgin IV30

Welcome to Hopeman, Moray - A Coastal Gem

Location

Hopeman is a charming seaside village on the stunning Moray Firth coastline, renowned for its breathtaking beaches, scenic coastal walks, and rich fishing heritage Popular among tourists, it offers an array of activities, including dolphin spotting, golfing, and water sports The village hosts the Hopeman Gala, a vibrant annual festival celebrating community spirit with live music, food stalls, and funfair rides. Visitors can also explore the nearby Clashach Cove, the Moray Coastal Trail, and the historic town of Elgin just a short drive away.

Whether you're looking for a permanent home or a lucrative holiday rental, these properties provide a fantastic opportunity to enjoy everything this beautiful region has to offer.

Local shops, Pharmacy, a Post Office, and a primary school are conveniently available for those considering settling in the area. Meanwhile, the new-build developments present excellent potential for investment and growth.

Market statistics

In January 2024, a 2-bedroom semi-detached bungalow on Farquhar Street in Hopeman was listed for sale at £162,000. This suggests that the current market value for similar properties in the area is approximately £160,000.For a broader perspective, the average price for semi-detached properties in Cooper Street, Hopeman, is approximately £150,351. This figure encompasses various property sizes and sale dates, providing a general overview of property values in the vicinity. With no recent sales at Cooper Street and most recent being no 2 Cooper Street in 2015 at level £121,000, prices show only growth potential.

🏡 for sale: 3A Cooper Street, Hopeman

Turnkey Holiday Let • Coastal Charm • Ready to Earn

2 Bedrooms | Fully Furnished | Holiday Let with Track Record

Set in the heart of the picturesque seaside village of Hopeman, 3A Cooper Street presents a rare chance to acquire a well-established, high-rated self-catering accommodation business—fully operational and generating income with immediate effect.

This attractive two-bedroom semi-detached bungalow blends comfort, modern design, and coastal charm. With existing bookings, loyal repeat guests, and a direct marketing approach, it offers a seamless path for new owners to step straight into the holiday let market.

Key Features:

• Spacious open-plan living and kitchen area with wood-burning stove
• Modern bathroom with both bath and over-bath shower
• Energy-efficient with solar panels
• Disabled access for inclusive accommodation
• Private parking for maximum four vehicles including secure space
• Sold fully furnished - includes inventory and everything needed to continue trading

Located just minutes from Hopeman's stunning beaches, vibrant harbour, and coastal walks, this property enjoys high demand from both short-term holidaymakers and returning visitors. The home holds a rateable value, which—subject to solicitor checks—may qualify for exemption from the 8% Additional Dwelling Supplement, offering a potential upfront tax saving.

With strong seasonal occupancy and room for pricing uplift, this is an ideal venture for those seeking a lifestyle business in a high-growth location
Business Opportunity - A Growing Investment in Hopeman
Hopeman Holiday Accommodation is already a well-established and highly rated self-catering rental, with near 5-star reviews on Google Maps The business operates independently, avoiding third-party booking platform fees, allowing for greater control over pricing and profitability With three competitive rates (£60, £80, and £100 per night), there is significant potential for price reviews and increased revenue, as the current rates are lower than those of local caravan park accommodations during peak season

By converting both properties into self-catering units, the income potential could double, making this a highly lucrative opportunity for investors Hopeman's growing popularity as a coastal retreat ensures a steady stream of visitors, and the demand for quality accommodation continues to rise. With room for business expansion, an investor could capitalize on this thriving market, maximizing returns in a location that offers both natural beauty and strong tourism appeal.

The current owners rely solely on their website for marketing and have a loyal client base, with many returning customers and referrals from past clients. This presents significant opportunities for growth and expansion. As they plan to retire and remain in the local area, they are seeking to pass their business and home into capable hands.

📩 Enquire now for income figures, inventory details, and to arrange a viewing.

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