Long-time Lossie eyesore set for new lease of life

Neglected property now on the open market, with interest in taking on the project

There's been a lot of interest in redeveloping the Lossie property on Prospect Terrace
Published 10th Dec 2020

Years of neglect are coming to an end for an iconic Lossiemouth property as it is placed on the open market.

The house Prospect Terrace sits in a large plot overlooking the town and the East Beach.

However, since being left empty more than 20 years ago, the house has been targeted by vandals, used by squatters, and windows have been either smashed or boarded up.

After a fire tore through its roof in 2015, Moray Council served a demolition order on the ruined building, but could not trace the current owner – believed to be a US resident.

Residents and councillors have campaigned for action, but years of legal wrangling to establish ownership has prevented further steps – until now.

Given the dangerous condition - and no response from the current owner - the council served a compulsory purchase, and it is now on the open market.

Although only released through estate agents this week, enquiries have been flooding in.

Offers over ÂŁ150,000 are invited, with a closing date of January 15th.

Full details are available here