4-bedroom house · IV30 1QS
Listing removedListed 70 days
Opportunity summary
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About
Benefiting from a sought-after location that is walking distance to Elgin’s High Street is this superb traditional stone and slate built Semi-Detached House which features a large South-Westerly facing Rear Garden with the added benefit of a timber built and insulated work from home Office space.
The property has been modernised by the current owners yet still retains some lovely original features.
Accommodation comprises an Entrance Vestibule, Hallway, Lounge, Playroom / Dining Room, a Kitchen / Breakfast Room, a Utility Room and a Ground Floor Bathroom.
The 1st floor comprises a Master Bedroom which has an adjoining Dressing Room / Nursery Room, 2 further Bedrooms and a Shower Room.
Entrance into the property is via solid wood double doors leading to: Entrance Vestibule Single glazed top panel window Hallway A high ceiling with coving and a centre ceiling rose with light fitting The hallway continues with a pendant light fitting Single radiator A carpeted staircase leads to the 1st floor landing A built-in under-stairs storage cupboard Fitted carpet Lounge – 15’3” (4.64) max into the bay window recess x 14’1” (4.29) A high ceiling with coving and ceiling light fitting uPVC sash and casement double glazed windows to the front Double radiator A fireplace surround fitted with a gas coal effect fire, either side of the fireplace there are 2 recessed alcoves with Fitted carpet Playroom / Dining Room – 12’ (3.66) x 12’10” (3.91) plus a window recess This room could be utilised as a playroom, dining room or as a ‘snug’ A high coved ceiling with light fitting Double glazed window to the side Double radiator A fireplace surrounds with tiled inserts either side and a tiled hearth Either side of the fireplace there are 2 recessed alcoves both fitted with lighting and cupboard space Fitted carpet Kitchen / Breakfast Room – 16’8” (5.08) max x 9’10” (2.99) Recessed ceiling lighting 2 double glazed windows to the side Double radiator A modern range of wall mounted cupboards and base units in a white high gloss finish Integrated appliances includes a Bosch 5-ring gas hob with overhead extractor hood, integrated Bosch electric oven and a Miele integrated fridge/freezer and there is an integrated dishwasher 1 1⁄2 style sink with drainer unit and mixer tap Vinyl flooring The property had plans passed in 2018 (now expired: Planning reference 18/00852/app) to expand the current kitchen space to provide an open plan designed Kitchen with a Dining/Family area.
These plans have since expired but it shows that the property has the potential to expand its current accommodation.
Rear Entrance Vestibule Pendant light fitting Loft access hatch Vinyl flooring Doors lead to the Utility Room, Bathroom and out to the Garden ‘L’ Shaped Utility Room – 10’6” (3.20) max x 11’2” (3.40) max Recessed ceiling lighting Double glazed window to the rear and side Double radiator Fitted base unit with plenty of storage space Space to accommodate a washing machine and tumble dryer The gas boiler and hot water tank is located within a kitchen cupboard unit A wood effect grey flooring Ground Floor Bathroom – 7’5” (2.25) x 4’9” (1.44) Recessed ceiling lighting A flat panelled tall radiator Bath with shower screen and a mains twin head shower, this features a ‘rain head’ shower and separate hand shower fitting Vanity unit with a recessed wash basin with mixer tap and mirror with integral lighting Press flush W.C with a concealed cistern Tiled walls and tiled flooring 1st Floor Accommodation Landing Pendant light fitting A double glazed skylight window Loft access hatch Built-in storage cupboard with a 2nd loft access hatch within Fitted carpet Bedroom One – 12’10” (3.91) plus a window recess x 11’10” (3.60) A spacious room which features an interconnecting door to the dressing room / nursery room Recessed ceiling lighting Double glazed window sash and casement windows to the front Single radiator Fitted carpet Dressing Room / Nursery Room – 8’10” (2.69) plus a window recess x 6’5” (1.94) This room acts as an en-suite dressing room to the main bedroom, it would also make an ideal nursery room or could offer the potential to be converted into an en-suite shower room Recessed ceiling lighting Double glazed sash and casement window to the front Single radiator Fitted shelf and hanging rail space Fitted carpet Bedroom Two – 11’10” (3.60) plus a window recess x 11’11” (3.62) Pendant light fitting Double glazed window to the rear Double radiator A fireplace surround with mantelpiece Fitted carpet Bedroom Three – 10’3” (3.12) max x 9’9” (2.96) max and plus a window recess Pendant light fitting Double glazed window to the side Double radiator Fitted carpet Shower Room – 5’9” (1.75) x 6’4” (1.92) Recessed ceiling light Double glazed window to the side Heated chrome style towel rail A quadrant shower cubicle with a mains twin head shower, this features a ‘rain head’ shower and separate hand shower fitting Vanity unit with a recessed wash basin and fitted mirror with lighting Press flush W.C Tiled walls and tiled flooring Garden The property features a superb and spacious south westerly facing garden which is mostly laid to lawn with a large, paved seating area Outside garden tap and a side entry gate leads to the driveway There is a timber-built office which is double glazed an insulated.
The office is lined with lighting and power points with uPVC double glazed doors and windows. This provides a superb ‘work from home’ space or could be utilised as a gym.
The office measures internally 13’5” (4.08) x 10’1” (3.07) Driveway and Garage The property has its own driveway which can provide parking for 2 vehicles, this leads to the garage which is fitted with both power and lighting and measures internally 17’ (5.18) x 10’8” (3.25) The garage has an up and over door to the front, profile roofing, single glazed window and a rear entry door.
Note 1 All light fittings & floor coverings are to remain.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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.
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