2-bedroom flat · IV30 4BT
For saleListed 62 days
Opportunity summary
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About
Enjoying a pleasant position within one of Elgin's most established residential areas, this attractive first floor flat offers spacious accommodation and excellent outdoor space, creating a home that is both practical and inviting.
Recently refreshed with fresh neutral décor throughout, the property presents in move-in condition, complemented by attractive laminate-style flooring which flows through much of the accommodation, enhancing the bright and modern feel of the home.
Accessed via a private entrance and staircase, the property opens into a central hallway which connects the accommodation throughout.
The bright and generously sized lounge provides an ideal setting for everyday living and entertaining, while the fitted kitchen offers a functional space with ample room for meal preparation.
Both bedrooms are quietly situated to the rear of the property, enjoying an outlook over the garden and benefitting from fitted wardrobes which provide excellent built-in storage.
A modern shower room completes the accommodation. A notable feature of the property is the abundance of natural light which enhances the sense of space throughout.
Externally, the property benefits from a substantial private rear garden, offering an excellent outdoor retreat for relaxing, gardening enthusiasts or enjoying time with family and friends during the warmer months Hallway (3.15 x 0.99) Private own-door entrance at ground floor level with meter cupboard, leading via an internal staircase to the bright upper landing.
Fresh neutral décor and attractive laminate-style flooring create a welcoming first impression upon arrival Lounge (3.77 x 4.44) Bright and generously proportioned lounge offering an inviting space for both everyday living and entertaining.
Door to Bedroom 2 Bedroom 2 (3.04 x 3.09) Well-proportioned rear-facing double bedroom with fitted wardrobe storage, providing a peaceful and relaxing retreat overlooking the garden Kitchen (3.59 x 1.59) Well-appointed modern kitchen fitted with an attractive range of wall and base units, complemented by generous worktop space, an integral oven, hob and extractor hood.
A wall-mounted Glow-worm combination boiler and freestanding washing machine further enhance the practicality of this bright and functional space Bedroom 1 (3.67 x 3.69) Generously proportioned rear-facing double bedroom benefiting from fitted wardrobe storage and a pleasant outlook over the garden Shower Room (2.56 max x 1.5 max) Well-appointed shower room fitted with a contemporary suite comprising a corner shower enclosure, wash hand basin and WC Garden Substantial private rear garden providing excellent outdoor space for relaxation, gardening and enjoying the warmer months Home Report Home Report valuation as at August 2026 is £90,000 EPC rating C and 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.
Area
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FAQ
About 169, Kingsmills, Elgin
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