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 terraced house · IV30 1EQ
Listing removedListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
While the property would benefit from a programme of upgrading and modernisation, it provides a superb blank canvas for those looking to create a bespoke home or investment in a sought-after location.
The property enjoys immediate access to a wide range of local amenities, all within easy walking distance, including shops, cafes, and transport links.
Elgin itself is a vibrant and well-connected town, making it an attractive setting for both owner-occupiers and investors .
This is a rare opportunity to acquire a centrally located listed property with significant scope to add value. Council tax band B EPC E EPC rating: E.
Tenure: Freehold, Entrance Hallway Entrance hallway with doors leading off to the bathroom and two ground floor bedrooms. A carpeted staircase leads up to the first floor.
Electric storage heater. Cupboard housing hot water cylinder. Vinyl flooring.
Bathroom 2.4m x 1.6m (7'10" x 5'3") Three piece bathroom comprising bath with shower over, wash hand basin and toilet. Window to the side aspect. Electric fan heater. Vinyl flooring.
Ceiling light fitting. Bedroom 1 3.6m x 2.3m (11'10" x 7'7") Bedroom with window to the side aspect. Built in wardrobe. Fitted carpet. Electric radiator. Ceiling light fitting.
Bedroom 2 2.9m x 4.1m (9'6" x 13'5") Double bedroom with windows to both the side and rear aspect. Built in wardrobe. Ceiling light fitting. Electric radiator.
Stairs Carpeted staircase leads up to the lounge area. Lounge 4.2m x 5m (13'9" x 16'5") Spacious lounge with windows to the front, side and rear aspects. Electric storage heater.
Ceiling light fitting. Laminate flooring. Bedroom 3 3.2m x 3m (10'6" x 9'10") Accessed off the lounge is a double bedroom with window to the side aspect. Laminate flooring. Electric radiator.
Ceiling light fitting. Kitchen 4.2m x 2.8m (13'9" x 9'2") Good sized kitchen with a range of fitted units. Vinyl flooring. Windows to the front and rear.
Exterior The large garden is laid to lawn with space for off-street parking once renovated.
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
FAQ
About High Street, Elgin, Moray, IV30
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