2-bedroom flat · IV30 8BH
For saleListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 bedroom modern and beautifully presented first floor flat located in the outskirts of Elgin.
The accommodation comprises entrance hallway, open plan lounge/dining kitchen, two double bedrooms & shower room.
The property further benefits from double glazing, air source & gas central heating, ample residential parking.
Entrance Hall (1.86m x 1.77m (6'1" x 5'9" )) Front door; window to side; built-in storage cupboard houses the fuse box and electric meter; lvt flooring; ceiling light fitting.
Hallway Fitted carpet; large built-in storage cupboard; loft hatch; ceiling light fitting.
Open Plan Lounge & Dining Kitchen Windows to rear; fitted kitchen in contemporary dark grey; integrated fridge/freezer, dishwasher and washer dryer; built in oven, integrated hob and hood; wall unit houses the gas boiler; lvt flooring; two ceiling light fittings.
Lounge Area (4.30m x 3.92m (14'1" x 12'10" )) Kitchen Area (3.51m x 3.24m (11'6" x 10'7" )) Bedroom 1 (3.27m x 2.94m) Window to front; built-in double wardrobe; fitted carpet; ceiling light fitting.
Shower Room (2.50m x 1.80m (8'2" x 5'10" )) Frosted window to side; vanity mounted sink; WC and walk in shower enclosure with mains shower; heated towel rail; vinyl flooring; inset ceiling spotlights.
Bedroom 2 (3.31m x 2.93m (10'10" x 9'7" )) Window to front; built-in double wardrobe; fitted carpet; ceiling light fitting. Outside The property benefits from ample residential parking.
Notes Included in the asking price is all carpets and fitted flooring coverings, all light fittings, curtains and curtain poles, all bathroom fittings, the integrated fridge/freezer, dishwasher and washer dryer, built-in oven, integrated hob and hood.
Curtains in Bedroom 1 are not included in the sale of the property.
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
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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.
Area
Agent & docs
FAQ
About 20, Corgarff Road, Elgin
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