We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom detached house · IV30 5QF
Listing removedListed 447 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptionally spacious four bedroom house situated in the popular Hamilton Gardens Estate. Built by respected builder 'Scotia Homes' this property is in excellent order throughout.
The accommodation comprises entrance hallway, lounge, dining kitchen, utility room, guest WC, four bedrooms (one en-suite) and a family bathroom.
The property further benefits from double glazing, gas central heating, electric vehicle charging point, integral garage, gardens front, side & rear & a driveway provides off-street parking.
Entrance Hallway - Entrance door, understair cupboard, fitted carpet, ceiling light fitting.
Lounge - 5.82m x 4.30m (19'1" x 14'1") - Large picture window to front, fitted carpet, ceiling light fitting.
Guest Wc - 1.85m x 1.52m (6'0" x 4'11" ) - Internal room, sink & WC, tile effect flooring, ceiling light fitting.
Dining Kitchen - 7.20m x 3.50m (23'7" x 11'5" ) - Window & French doors to the rear garden, fitted kitchen, built-in single electric oven, hob & hood, integrated dishwasher, wood effect vinyl flooring, two ceiling light fittings, ample space for family size table & chairs, sofa & wall mounted TV.
Utility Room - 3.05m x 2.05m (10'0" x 6'8" ) - Window & door to the rear garden, base units & worktop, plumbing & space for washing machine & tumble dryer, wood effect vinyl flooring, ceiling light fittings, door to the garage.
Staircase & Landing - Fitted carpet, ceiling light fittings , hatch to the loft space.
Bedroom 1 - 3.60m x 2.89m (11'9" x 9'5" ) - Window to rear, double built-in wardrobe, single wardrobe, fitted carpet, ceiling light fitting.
En-Suite Shower Room - Window to rear, sink, WC & spacious shower cubicle with mains shower, vinyl flooring, ceiling light fitting.
Bedroom 3 - 3.22m x 2.60m (10'6" x 8'6" ) - Window to rear, double built-in wardrobe, fitted carpet, ceiling light fitting.
Bedroom 2 - 3.34m x 3.20m (10'11" x 10'5" ) - Window to front, fitted carpet, ceiling light fitting.
Bedroom 4 - 2.90m x 2.71m (9'6" x 8'10" ) - Window to front, built-in wardrobe, fitted carpet, ceiling light fitting.
Bathroom - 2.19m x 1.92m (7'2" x 6'3" ) - Window to side, sink, WC & bath with mains shower over, vinyl flooring, ceiling light fitting. Integral Garage - Electric up & over door, power & light.
Outside - The gardens have been recently landscaped with a small wall bordering the front of the garden which has been laid with artificial grass, paving & gravel.
A driveway provides parking for at least 2 cars. The rear & side garden has been terraced with porcelain slabs, slate & low maintenance gravel.
Notes - Included in the asking price is all carpets and fitted floor coverings, all light fittings.
all bathroom, guest WC, & en-suite fittings, the oven, hob & hood and integrated dishwasher 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.
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
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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 West Covesea Road, Elgin
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