2-bedroom flat · IV30 1LY
Listing removedListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in the heart of Elgin town centre, this stylish ground floor apartment combines modern open-plan living with everyday convenience, making it the perfect choice for first-time buyers, investors, or anyone looking for easy living all on one level.
Accessed through a secure communal entrance serving eight apartments with intercom entry system, the property opens into a welcoming central hallway with neutral décor throughout, giving the new owner the perfect blank canvas to make their own.
The bright and spacious lounge is filled with natural light from large feature windows and flows effortlessly into the contemporary open-plan kitchen — a great space for relaxing, entertaining, or catching up over coffee at the breakfast bar.
The kitchen comes fully equipped with integrated oven, hob, fridge/freezer, washing machine, and dishwasher, while still offering ample room for dining.
Located to the rear of the property, both bedrooms enjoy a peaceful setting.
The main bedroom is a generous double with space for free-standing furniture, while the second bedroom offers flexibility as a guest room, nursery, dressing room, or home office.
The modern bathroom is fitted with a bath and overhead shower, WC, wash hand basin, and heated towel rail.
Further benefits include gas central heating, double glazing, secure entry system, and parking permits available via the local council.
Set on Batchen Lane, everything Elgin has to offer is quite literally on your doorstep, with shops, cafés, restaurants, leisure facilities, and transport links all within easy walking distance.
A bright, modern home in a fantastic central location — early viewing is highly recommended.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
ELG260112/2 Hallway Accessed through a secure communal entrance serving eight apartments with intercom entry system, the property opens into a welcoming central hallway with neutral décor throughout, giving the new owner the perfect blank canvas to make their own.
Lounge/Kitchen 5.94m x 4.83m The bright and spacious lounge is filled with natural light from large feature windows and flows effortlessly into the contemporary open-plan kitchen — a great space for relaxing, entertaining, or catching up over coffee at the breakfast bar.
The kitchen comes fully equipped with integrated oven, hob, fridge/freezer, washing machine, and dishwasher, while still offering ample room for dining.
Bathroom 1.81m x 1.59m A modern bathroom that is fitted with a bath and overhead shower, WC, wash hand basin and heated towel rail.
Bedroom 1 3.1m x 3.11m The main bedroom is a generous double with space for ample free-standing furniture.
Bedroom 2 1.92m x 3.62m There’s a second bedroom which offers flexibility as a guest room, nursery, dressing room or home office.
Additional Further benefits include gas central heating, double glazing, secure entry system and parking permits available via the local council.
Set on Batchen Lane, everything Elgin has to offer is quite literally on your doorstep, with shops, cafés, restaurants, leisure facilities, and transport links all within easy walking distance.
A bright, modern home in a fantastic central location — early viewing is highly recommended.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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 Batchen Lane, Elgin, Moray, IV30
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