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See how verdicts work2-bedroom flat · IV30 4BP
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Benefiting from a corner position is this spacious 2 Bedroom 1st Floor Flat which features its Own private Entrance Door and Gardens.
The property occupies a corner position and has its Own Driveway with Carport and a spacious paved Garden. Accommodation comprises a Hallway, Lounge, Kitchen, 2 Double Bedrooms and a Bathroom.
Private uPVC Entrance Door with a double glazed window leads into the Entrance Hallway & Staircase area.
Hallway Electric wall-mounted panel heater A carpeted staircase leads up to the Hallway A double glazed window to the side aspect on the half landing Hallway Pendant light fitting Loft access hatch Single radiator Built-in storage cupboard with shelf space within Fitted carpet Lounge: 14’10” (4.52) plus window recess x 12’5” (3.78) Ceiling light fitting Double glazed windows to the front aspect Double radiator A fireplace surround with an electric coal effect fire A built-in cupboard houses the Worcester gas boiler Fitted carpet A door which leads to one of the bedrooms Bedroom: 12’5” (3.78) maximum measurement into the door recess & plus a window recess x 10’1” (3.07) Pendant light fitting Double glazed window to the rear aspect Double radiator Built-in double wardrobe with sliding doors Fitted carpet Bedroom: 12’5”(3.78) maximum plus a window recess x 12’ (3.66) plus cupboard space Pendant light fitting Double glazed window to the rear aspect Single radiator Built-in wardrobe & fitted overhead cupboard space Fitted carpet Kitchen: 11’7” (3.52) maximum x 6’9”(2.04) maximum Ceiling light fitting Double glazed window to the front aspect Single radiator Wall-mounted cupboards & fitted base units & a single sink with drainer unit & mixer tap Integrated gas hob with an electric oven, overhead extractor unit Space for a washing machine Vinyl flooring Bathroom 5’6” (1.67) x 5’3” (1.59) Ceiling light fitting Double glazed window to the side aspect Single radiator 3 piece suite with mixer tap, Mira shower, shower curtain and rail to the bath area Vinyl flooring Outside Accommodation Garden The property has a spacious paved garden area to one side with a gated driveway entrance which provides off-street parking and features a sheltered carport and there are 2 timber built sheds for storage.
At the rear of the property there is an additional area of block paved garden which belongs to the property. Note 1 All light fittings & floor coverings are to remain.
The kitchen white goods and tumble dryer are also to remain as part of the sale.
Other furniture items can be available and left as part of the sale on request which include the wardrobe with a matching drawer unit and 2 separate pine drawer units.
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
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FAQ
About 104 Newmill Road, Elgin
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