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See how verdicts work2-bedroom bungalow · IV30 6JW
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property description Grigor & Young are delighted to present to the market 51 Bailies Drive, Elgin, an appealing two-bedroom semi-detached bungalow offering well-proportioned and comfortable accommodation, ideally suited to a range of purchasers, including first-time buyers, couples, downsizers, and those seeking a manageable single-level home.
The property provides spacious accommodation comprising a welcoming entrance hallway, a bright and comfortable lounge, a well-appointed kitchen, two good-sized bedrooms and a modern shower room.
The layout offers excellent potential for comfortable everyday living, with the accommodation arranged predominantly on one level.
Externally, the property benefits from well-maintained front and rear gardens, providing attractive outdoor space for relaxation, gardening or entertaining during the warmer months.
A driveway provides convenient off-street parking. Further benefits include double glazing and gas central heating, ensuring the property is comfortable and practical throughout the year.
Situated within a popular residential area of Elgin, 51 Bailies Drive is conveniently placed for a wide range of local amenities and services.
Excellent transport links provide easy access to the surrounding area, while shops and supermarkets are within convenient reach.
The property is also well positioned for nearby leisure, educational and medical facilities, making it an ideal choice for those looking for a well-connected and comfortable home.
With its generous accommodation, attractive gardens, driveway and convenient location, 51 Bailies Drive represents an excellent opportunity for a variety of purchasers.
Early viewing is highly recommended to fully appreciate the accommodation and location on offer.
Entrance hallway UPVC door with a translucent panel & window adjacent, leading into the entrance vestibule; internal partially-glazed door opening into the main hallway; doors to all rooms; laminate flooring; access to the insulated attic space.
Lounge (6.00m x 3.26m) A delightfully bright and spacious room, creating an ideal space for relaxation or entertaining; large window to the front aspect, fitted with vertical blinds; carpeted flooring; electric fire set within a wooden surround.
Dining kitchen (3.54m x 3.11m) Selection of wood-effect wall-mounted & base units; laminate work surfaces; 1 ½ stainless steel sink with mixer tap, set within; wall-mounted shelving; space for a selection of included appliances, including – gas cooker, fridge freezer, washing machine & slimline dishwasher; window to the side aspect; wall-mounted gas boiler – replaced approx.
2 years ago; rear external partially-glazed door; laminate flooring. Bedroom 1 (3.26m x 3.18m) Double bedroom; space for a range of furniture; carpeted flooring; window to the rear aspect.
Bedroom 2 (2.92m x 2.79m) Double bedroom; selection of fitted wardrobes and overhead storage cupboards; space for additional furniture; built-in shelved storage cupboard; built-in wardrobe; window to the front aspect, fitted with vertical blinds; carpeted flooring.
Shower room (2.54m x 1.59m) Suite consisting of: - shower enclosure with a mains’ shower; WC; pedestal wash hand basin; fixtures & fittings; wall-mounted mirrored cabinet; wall-mounted shaver mirror; translucent window to the side aspect; non-slip vinyl flooring.
Outside To the front: - well-maintained garden with an area laid to lawn surrounded with planted boarders; paved pathways; gravel driveway; external tap; area for refuse bins.
Enclosed rear garden with a fully fenced boundary; landscaped garden, sectioned thoughtfully; paved patio area; selection of plants & shrubs throughout; 3 x wooden garden sheds; clothes line.
Viewing is a must to fully appreciate.
Council tax: C energy efficiency rating: C note 1: Included in the asking price will be all floor coverings, blinds, curtains, light fittings, free-standing electric fire, gas cooker, washing machine, slimline dishwasher & fridge freezer.
Note 2: The mention of any appliances and/or services in these details have not been tested, or checked that they are connected, and does not imply that these are in full and efficient working order.
Note 3: Measurements are approximate and for guidance only. Offers: - Sellers reserve the right to accept an offer at any time during the marketing process.
Formal Offers must be submitted by a Scottish solicitor in writing. A Closing Date, by which date and time offers must be submitted via a Scottish solicitor, may be arranged.
All parties who have formally noted interest via a solicitor will be notified of any Closing Date
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.
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FAQ
About 51, Bailies Drive, Elgin
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