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See how verdicts work2-bedroom semi-detached house · AB38 9RA
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a plot of approximately 0.445 acres in Maggieknockter, near Craigellachie, this property presents an exciting opportunity for buyers seeking a renovation project.
This semi-detached cottage requires full renovation throughout, offering the scope to restore and personalise a home with two ground-floor bedrooms, additional attic accommodation and generous outdoor space.
The ground-floor accommodation comprises an entrance hallway, lounge, kitchen/dining room, two double bedrooms, a shower room and a separate WC.
The lounge retains a traditional fireplace with a tiled surround and timber mantel, providing a focal point for future restoration.
The kitchen/dining room offers space to create a practical cooking and dining area as part of the refurbishment.
Both bedrooms are positioned on the ground floor, with the larger room enjoying windows to the front and rear.
A staircase leads to two connected attic rooms with sloping ceilings and roof windows, providing additional space whose future use will depend on the necessary works and any relevant consents.
Outside, the approximately 0.445-acre plot offers considerable scope for buyers wishing to develop the garden to suit their needs. On-road and off-road parking are available.
The setting near Craigellachie will appeal to those looking for a home in the Speyside area, with the opportunity to undertake a comprehensive restoration project.
Please note: the property requires full renovation and is unsuitable for mortgage lending in its current condition.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
ELG260285/2 Hallway The entrance hallway provides access to the lounge and both ground floor bedrooms.
Lounge 2.44m x 3.96m Positioned to the front of the cottage, the lounge features a traditional fireplace with a tiled surround, hearth and timber mantel.
A front-facing window provides natural light, with a door leading through to the kitchen/dining room.
Kitchen/Diner 4.13m x 2.91m The kitchen/dining room has windows to the front and rear and offers space to accommodate replacement kitchen units alongside a dining area.
Requiring complete refurbishment, the room provides an opportunity to plan a new layout suited to individual requirements. Access is available to the shower room and a separate external entrance.
Shower Room 2.27m x 1.08m The shower room contains an existing shower area and wash-hand basin, with a window providing natural light. Full refurbishment is required.
Accessed from the shower room, the separate WC contains a toilet and an external window. Refurbishment is required.
Main Bedroom 4.05m x 3.94m A generously proportioned double bedroom with windows to the front and rear. The room offers space for freestanding bedroom furniture and requires full renovation.
Bedroom 2 3.88m x 2.77m A second ground-floor double bedroom with a rear-facing window and a built-in cupboard. A staircase provides access to the attic accommodation.
Attic Room 8.1m x 3.61m The staircase opens into an elongated attic room with sloping ceilings, areas of restricted head height and roof windows.
The room requires renovation and provides access to the second attic room. Accessed through the first attic room, this additional space has a roof window and sloping ceilings.
It also requires full renovation. The attic rooms are described as additional accommodation rather than bedrooms.
External The cottage occupies a plot extending to approximately 0.445 acres, offering considerable outdoor space and scope to establish gardens to individual requirements.
Both on-road and off-road parking are available. Additional The property requires full renovation throughout and is unsuitable for mortgage lending in its current condition.
All measurements are approximate. Attic room dimensions include areas of restricted head height.
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.
Short-let licence or registration needed
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 advisers 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
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FAQ
About Maggieknockater, Craigellachie, Aberlour, Moray, AB38
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