2-bedroom bungalow · IV30 8RD
Listing removedListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom semi-detached bungalow enjoys a semi-rural village location just a few miles from Elgin and would make an ideal first-time buy, family home or retirement property.
This traditional, two bedroom semi-detached bungalow enjoys a peaceful, semi-rural location within the village of Troves, just a few miles from Elgin and a full range of local amenities.
The well-proportioned accommodation is decorated in light, neutral tones giving a spacious and airy feel and comprising: Hallway, good sized living room, a kitchen/diner, two double bedrooms both with built-in wardrobes, and a bathroom.
The property benefits from double glazing and electric heating, and solar photovoltaic panels have been fitted to the southern pitch of the roof.
A shared access leads to a loc-bloc parking area and gravelled driveway, with an integral single garage providing additional storage.
To the rear of the property is a private garden which has been landscaped to include raised beds and mature shrubs, featuring a paved patio area perfect for outdoor dining or entertaining.
Drainage is via a septic tank.
Combining a desirable, semi-rural location with the convenience and accessibility of single storey living space, this charming property will appeal equally to young families, first-time buyers or retirees and we highly recommend a viewing.
Furniture can be included by separate negotiation. Hallway 5.04m x 1.29m Lounge 4.33m x 5.63m Kitchen/Diner 3.47m x 4.65m Bedroom 1 2.92m x 4.08m Bedroom 2 2.73m x 3.21m Bathroom 1.53m x 3.14m
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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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
Agent & docs
FAQ
About 2, The Courtyard, Troves, Elgin
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