1-bedroom flat · IV30 4BZ
Listing removedListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented one bedroom top floor flat is located within easy reach of Elgin town centre and local amenities and would make an ideal first-time buy or investment purchase.
This one-bedroom flat enjoys an elevated position on the top floor of a purpose-built three storey block, within easy reach of historic Elgin Cathedral, Johnstons Woollen Mill, Cooper Park and Elgin town centre, as well as local amenities and transport links.
Recently redecorated, the well presented accommodation feels fresh and bright and is in good order throughout.
Accessed via a communal stairwell, the living space features an entrance hallway, a bright living room which is semi-open plan to the fitted kitchen, a double bedroom and a bathroom.
The property further benefits from double glazing and electric panel heaters. Off-street parking is provided within a shared parking area.
Offering affordability combined with the convenience of apartment living, this would make a great opportunity for first-time buyers and will also appeal to investment purchasers.
A satisfactory Electrical Installation Condition Report has recently been carried out and will give peace of mind to buyers. We highly recommend a viewing to fully appreciate this property.
Lounge/Diner 2.52m x 4.20m Kitchen 1.55m x 3.18m Bedroom 2.39m x 3.33m Bathroom 1.62m x 1.82m
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About 13, Cathedral Court, Elgin
Explore nearby
.png){kind=logo}
