3-bedroom bungalow · IV30 6HF
Sold STCListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi-detached three bedroom bungalow situated in a popular residential area of Elgin and within walking distance of the retail parks and town centre.
The accommodation comprises entrance vestibule, hallway, lounge/diner, kitchen, three bedrooms and a bathroom.
The property which is in excellent order throughout further benefits from double glazing, gas central heating, garage, garden and a driveway provides off-street parking.
Entrance Vestibule UPVC entrance door and window to side; cupboard housing the electric consumer units and gas meter; wood effect flooring; ceiling light fitting.
Hallway Built-in spacious cupboard housing the gas central heating boiler; 2nd shelved storage cupboard; wood effect flooring; two ceiling light fittings; hatch to the loft space.
Lounge/Diner (7m x 3.34m (22'11" x 10'11" )) Window to front; fitted carpet; ceiling light fitting.
Kitchen (3.70m x 2.58m (12'1" x 8'5")) Window to rear; fitted kitchen; built-in single electric oven; 4 ring gas hob and hood; plumbing and space for washing machine and under counter fridge and freezer; vinyl flooring; ceiling light fitting.
Bedroom 1 (4.13m x 3.34m (13'6" x 10'11" )) Window to rear; double built-in wardrobes; fitted carpet; ceiling light fitting.
Bedroom 2 (3.06m x 2.81m (10'0" x 9'2" )) Window to front; double built-in wardrobes; fitted carpet; ceiling light fitting.
Bedroom 3 (2.69m x 2.67m (8'9" x 8'9")) Window to side; fitted carpet; ceiling light fitting.
Bathroom (2.68m x 1.63m (8'9" x 5'4" )) Window to side; sink; WC and bath with electric shower over; tile effect flooring; ceiling light fitting.
Garage Single garage with up and over door; power and light. Outside The garden to the front has an area of lawn bordered with low maintenance gravel.
A driveway leads to the garage and provides off-street parking for at least 2 cars.
The fully enclosed rear garden is mainly lawn with a patio area immediately outside the rear of the property and bordered with low maintenance gravel; shrubs and trees giving a secluded seating area to the rear of the garage.
Notes Included in the asking price are all carpets and fitted floor coverings; all light fittings; all blinds; all bathroom fittings; and the single electric oven, gas hob and hood in the kitchen.
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 45, Ashfield Drive, Elgin
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