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 work2-bedroom house · IV30 6JL
Listing removedListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom mid-terraced house situated in a popular residential area of New Elgin and ideally suited to first time buyers.
The accommodation comprises entrance vestibule, hallway, open plan Lounge/ dining kitchen, utility room, two double bedrooms and bathroom.
The property further benefits from double glazing, gas central heating, garage & driveway providing off-street parking and gardens to the front and rear.
Entrance Vestibule (1.10m x 0.90m (3'7" x 2'11" )) UPVC & glazed entrance door, ceiling light fitting, wood effect flooring, wooden & glazed door to hallway.
Hallway Ceiling light fitting, wood effect flooring, under-stair storage space, staircase to first floor.
Utility (1.97m x 1.80m (6'5" x 5'10" )) Internal room, worktop with base & wall units to match the kitchen, plumbing & space for washing machine, Worcester gas central heating boiler, ceiling light fitting, wood effect flooring.
Open Plan Lounge/ Dining Kitchen Lounge (3.89m x 3.29m (12'9" x 10'9" )) Window to front, ceiling light fitting, wood effect flooring, opening through to dining kitchen.
Dining Area (3.23m x 2.31m (10'7" x 7'6" )) Window to rear, ceiling light fitting; wood effect flooring, space for dining table & chairs.
Kitchen (3.07m x 2.46m (10'0" x 8'0" )) UPVC & glazed door to rear garden, window to rear, modern fitted kitchen in white gloss, built-in oven, dishwasher, space for free-standing fridge freezer, four ring gas hob & hood, ceiling light fitting.
Staircase & Landing Hatch to loft space, ceiling light fitting, fitted carpet.
Bedroom 1 (5.42m x 2.66m (17'9" x 8'8" )) Two windows to rear, built-in walk-in wardrobe with hanging rail & shelving above, ceiling light fitting, fitted carpet.
Bedroom 2 (3.59m x 3.23m (11'9" x 10'7" )) Window to front, ceiling light fitting, fitted carpet.
Bathroom (3.06m x 2.01m (10'0" x 6'7" )) Window to front, jacuzzi bath, built-in shower cubicle with Mira Jump electric shower, vanity mounted sink & WC, chrome towel radiator, inset ceiling spotlights, vinyl flooring.
Detached Garage Up and over door, power & light. Outside The front garden is laid to lawn with a paved pathway leading to the property.
The fully enclosed rear garden is laid to a mix of lawn and lock block paving. A gate to the rear leads out to the garage and paved driveway providing off street parking.
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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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
Agent & docs
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FAQ
About 32, Councillors Walk, Elgin
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