1-bedroom flat · IV36 1NX
Listing removedListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance to the property is via an external staircase with a metal handrail leading to a secure door with security entry system. The Communal Hallway provides access to four flats.
Carpet to the floor. Single light fitting. Hallway - 3’0” x 7’11” Secure door with security spy hole, leading to the Hallway. Carpet to the floor.
Single pendant light fitting and smoke alarm to the ceiling. Wall mounted Dimplex heater. Wall mounted handset for the security entry system. Wall mounted coat hooks. Double power point. Loft access.
Doors leading to the Bathroom and the Lounge.
Shower Room - 8’5” x 4’5” Three piece suite comprising of a low level WC, pedestal wash hand basin and shower enclosure with overhead mains shower Ceramic tiling to the walls. Wall mounted mirror.
Shaving point. Single pendant light fitting. Xplair. Wall mounted Dimplex heater. Glazed shelving. Chrome accessories. Mosaic tiled effect vinyl to the floor.
Lounge - 9’4” x 14’2” Lounge with multi panelled glazed windows to the front aspect. Carpet to the floor. Single pendant light fitting, smoke alarm and coving to the ceiling.
Wall mounted Dimplex heater. TV, BT and various power points. Doors leading to the Kitchen and Bedroom.
Kitchen - 5’11” x 7’6” Modern Fitted Kitchen with a range of base units and wall mounted cupboards. Roll top work surface with ceramic tiling to the walls.
Space available for a cooker, washing machine and fridge. Stainless steel sink, drainer and mixer tap. Various power points. Multi panelled glazed window to the front aspect.
Three bulb light fitting and smoke alarm to the ceiling. Wall mounted Dimplex heater. Vinyl to the floor. Various power points. Wall mounted Electrisaver electronic timer.
Bedroom - 11’11”(3.62m) x 7’6”(2.28m) Double Bedroom with multi panelled glazed window to the front aspect. Carpet to the floor. Single pendant light fitting and coving to the ceiling.
Wall mounted Dimplex heater. Double wardrobes, fronted by sliding doors, houses the water and provides hanging and shelved storage.
Note 1 All floor coverings and light fittings are included in the sale. Council Tax Band A
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About 92c High Street, Forres
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