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 work3-bedroom house · IV30 6TB
Listing removedListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached three bedroom house situated in a quiet residential area of New Elgin. The property whilst in need of a good deal of upgrading & modernisation would make an idea family home.
The accommodation comprises on the ground floor, entrance vestibule, hallway, lounge/diner, dining kitchen, utility room, double bedroom, guest WC, and on the first floor, two further double bedrooms (one en-suite) and a family bathroom.
The property further benefits from double glazing, gas central heating, integral garage & a good size garden.
Entrance Vestibule Wooden & glazed entrance door, fitted carpet, ceiling light fitting. Hallway Fitted carpet, two wall light fittings.
Lounge/Diner (11.0m x 3.76m (36'1" x 12'4" )) Triple aspect to front, side & rear, patio doors to the rear garden, gas fire, fitted carpet, wall light fittings.
Dining Kitchen (3.56m x 3.76m (11'8" x 12'4" )) Window to rear, range of base & wall units, built-in electric oven & hob, vinyl flooring, ceiling light fitting.
Utility Room (1.95m x 1.52m (6'4" x 4'11" )) Window to rear, plumbing & space for washing machine & tumble dryer, wall mounted gas CH boiler, built-in storage cupboard, vinyl flooring, ceiling light fitting.
Ground Floor Bedroom (3.75m x 2.76m (12'3" x 9'0" )) Window to front, double built-in wardrobes, fitted carpet, ceiling light fitting.
Guest Wc (2.35m x 0.91m (7'8" x 2'11")) Window to side, sink & WC, fitted carpet, ceiling light fitting. Staircase & Landing Built-in storage cupboard, fitted carpet, ceiling light fitting.
Bedroom 1 (3.56m x 3.25m (11'8" x 10'7")) Window to rear, spacious built-in wardrobes, fitted carpet, ceiling light fitting.
En-Suite (3.01m x 1.13m (9'10" x 3'8" )) Window to side, vanity mounted sink, WC & recessed shower enclosure with mains shower, carpet, & tiled flooring, ceiling light fitting.
Bedroom 2 (3.56m x 3.20m (11'8" x 10'5")) Window to front, spacious built-in wardrobes, fitted carpet, ceiling light fitting.
Bathroom (3.02m x 2.12m (9'10" x 6'11")) Window to side, vanity mounted sink, WC, bidet & bath, fitted carpet, inset ceiling spotlights.
Integral Garage Up & over door, personnel door to the rear garden, power & light.
Outside The property is set in a substantial size garden which is mainly lawn & bordered with wall & high hedging & planted with mature shrubs & trees.
A patio area lies immediately outside the lounge and a driveway provides off-street parking.
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 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
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FAQ
About 7, Manitoba Place, Elgin
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