2-bedroom flat · IV30 4BP
For saleReduced £5k (−5.3%) on 14 OctListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property description This ground-floor flat is ideally positioned in a highly convenient location, within easy reach of the town centre and a wide range of local amenities, making it an excellent choice for a variety of buyers.
Offering generous potential, the property would benefit from a degree of modernisation, and presents an exciting opportunity for purchasers to update and personalise the accommodation to their own taste and requirements.
The accommodation is well laid out and comprises an entrance stairway leading to the main living space, a bright and comfortable lounge, a fitted kitchen, two well-proportioned bedrooms, and a shower room.
The property further benefits from double glazing and gas central heating, ensuring comfort and efficiency throughout the year.
Externally, there is the added advantage of a private driveway providing off-street parking, together with a fully enclosed rear garden, offering a pleasant outdoor space for relaxation, gardening, or entertaining.
The location is particularly appealing with a comprehensive range of amenities situated nearby, including shops, supermarkets, educational facilities, healthcare services, and excellent transport connections, making day-to-day living both convenient and accessible.
This is a fantastic opportunity for first-time buyers seeking to step onto the property ladder, investors looking for a buy-to-let addition to their portfolio, or those wishing to downsize while remaining close to essential amenities.
With its desirable location, practical layout, and scope for enhancement, this property represents excellent value and considerable future potential.
Entrance hallway Partially glazed uPVC door opening into the hallway; doors to all rooms except bedroom 2; laminate flooring; large understairs’ storage cupboard – electric meter & consumer unit within; partially shelved storage cupboard – tumble dryer included in the sale.
Lounge (3.77m x 3.75m) Bright & spacious room with space for a range of furniture; double window to the front aspect; feature fireplace (coal fire behind), set within a tiled & wood surround / hearth; laminate flooring; doors to hallway & bedroom 2; gas boiler located within within a storage cupboard.
Kitchen (3.31m x 1.90m) Selection of wall-mounted, display and base units; laminate work surfaces; stainless steel sink; free-standing gas cooker – included; space for a washing machine & fridge freezer; dual windows to the front & side aspects fitted with venetian blinds; tiled around worksurfaces; vinyl flooring.
Bedroom 1 (3.73m x 3.21m) Double bedroom; carpeted flooring; space for a selection of furniture; built-in double wardrobe with sliding doors, shelving & rail; window to the rear aspect.
Bedroom 2 (3.69m x 3.06m) Double bedroom; space for a selection of furniture; built-in storage cupboard; carpeted flooring; window to the rear aspect.
Bathroom (2.34m x 1.52m) Bath with an over-head electric shower; shower screen; WC; pedestal wash hand basin; heated towel rail; extractor; tiled around wet areas; fixtures & fittings; tiled flooring.
Garden Garden to the front aspect predominantly laid to lawn; selection of plants & shrubs; paved pathway leading to the rear garden.
Fully laid to lawn rear garden with wooden garden shed; clothes line.
Council tax: A energy efficiency rating:D note 1: Included in the asking price will be all floor coverings, blinds, curtains, tumble dryer & gas cooker.
Note 2: The mention of any appliances and/or services in these details have not been tested, or checked that they are connected, and does not imply that these are in full and efficient working order.
Note 3: Measurements are approximate and for guidance only. Offers: - Sellers reserve the right to accept an offer at any time during the marketing process.
Formal Offers must be submitted by a Scottish solicitor in writing. A Closing Date, by which date and time offers must be submitted via a Scottish solicitor, may be arranged.
All parties who have formally noted interest via a solicitor will be notified of any Closing Date
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
.png)
FAQ
About 82, Newmill Road, Elgin
Explore nearby