2-bedroom property · IV30 1UT
Listing removedListed 73 days
Opportunity summary
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About
Located within the Ashgrove Park which is specifically designed for the over 50’s is this spacious 2 Bedroom Detached Park Home.
Accommodation comprises a Hallway, Lounge, Dining Room, Kitchen, Bedroom One features an En-Suite Shower Room, a 2nd Double Bedroom and a Bathroom.
Hallway Coved ceiling with 2 ceiling light fittings Loft access hatch Single radiator Fitted carpet Lounge – 19’4” (5.89) x 10’ (3.05) A spacious triple aspect room comprising 2 pendant light fittings 2 double glazed windows to the front and one to the side 2 double radiators An electric fire Fitted carpet An arched opening leads to the Dining Room Dining Room – 8’ (2.44) x 9’8” (2.94) Coved ceiling with ceiling light fitting Double glazed window to the side Double radiator Fitted carpet Kitchen – 9’5” (2.86) max x 11’1” (3.37) max into the recess Coved ceiling with light fitting Double glazed window to the side Double radiator Wall mounted cupboards and fitted base units Integrated gas hob and electric oven 1 1⁄2 style sink and drainer unit and mixer tap Space to accommodate a fridge/freezer and washing machine.
A Worcester gas boiler is housed within a cupboard Built-in double storage cupboard Tile effect flooring A double-glazed side entry door leads out to the side pathway Bedroom One with En-Suite Shower Room – 11’ (3.35) max into the door recess reducing to 9’3” (2.81) x 7’6” (2.28) plus wardrobe space Coved ceiling with a pendant light fitting Double glazed window to the rear Double radiator Fitted wardrobes to one side of the room with sliding mirrored doors 2 bedside fitted units Fitted carpet En-Suite Shower Room - 9’5” (2.86) into cubicle recess reducing to 6’6” (1.97) x 4’2” (1.26) Coved ceiling with ceiling light fitting Double glazed window to the side Single radiator Pedestal wash basin and W.C Shower cubicle with mains shower Vinyl flooring Bedroom Two – 9’5” (2.86) into the door recess reducing to 7’6” (2.28) plus wardrobe space x 7’7” (2.30) Pendant light fitting Double glazed window to the side Single radiator 2 fitted bedside units Fitted wardrobe with a single radiator within Fitted carpet Bathroom – 6’6” (1.97) x 5’6” (1.67) Coved ceiling with light fitting Double glazed window to the side Single radiator Pedestal wash basin and W.C Jacuzzi style bath Vinyl flooring Garden The property has garden areas to both the side and rear Outside garden tap and power point Driveway The property offers a driveway which provides off-street parking Note 1 All light fittings & floor coverings are to remain.
Note 2 There is a site communal factoring fee of approximately £186.27per month.
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
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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 29 Ashgrove Park, Elgin
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