3-bedroom house · IV30 4EX
Listing removedListed 84 days
Opportunity summary
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About
End terraced three bedroom house situated in a popular residential area of Elgin and within distance of Seafield primary school and nursery.
The accommodation comprises entrance hallway, lounge, dining room, kitchen, guest wc, three bedrooms and a shower room.
The property further benefits from double glazing, gas central heating and gardens front and rear.
Hallway UPVC and glazed entrance door; double built-in storage cupboard housing the gas central heating boiler; fitted carpet; ceiling light fitting.
Lounge (4.90m x 3.40m (16'0" x 11'1")) Window to front; living flame gas fire; fitted carpet; ceiling light fitting.
Dining Room (3.00m x 2.50m (9'10" x 8'2")) Window to front; fitted carpet; ceiling light fitting.
Kitchen (3.60m x 3.00m (11'9" x 9'10")) Window to rear; fitted kitchen in medium wood effect; built-in double electric oven, 4 ring gas hob and hood; integrated dishwasher; plumbing and space for washing machine; vinyl flooring; ceiling strip light.
Guest Wc (2.13m x 1.54m (6'11" x 5'0")) Window to rear; sink; WC; vinyl flooring; ceiling light fitting.
Rear Vestibule (1.95m x 0.90m (6'4" x 2'11")) Understair cupboard; vinyl flooring; ceiling light fitting; door to the rear garden.
Staircase And Landing Window to side; built-in shelved storage cupboard; hatch with pull down ladder to the partially floored loft space; fitted carpet; ceiling light fitting.
Bedroom 1 (4.00m x 3.00m (13'1" x 9'10")) Two windows to front; fitted carpet; ceiling light fitting.
Bedroom 2 (3.80m x 3.00m (12'5" x 9'10")) Window to front; double built-in wardrobes; fitted carpet; ceiling light fitting.
Bedroom 3 (3.30m x 3.20m (10'9" x 10'5")) Window to rear; fitted carpet; ceiling light fitting.
Shower Room (1.90m x 1.70m ( 6'2" x 5'6")) Window to rear; vanity mounted sink: WC and shower cubicle with mains shower; chrome towel radiator; tile effect flooring; inset ceiling spotlights.
Outside The garden to the front has an area of lawn with mature planted borders. A paved pathway leads to the rear garden.
The fully enclosed rear garden has a substantial patio area and raised area of lawn; wooden garden shed.
Notes Included in the asking price are all carpets and fitted floor coverings, all light fittings, all shower room and guest WC fittings, the built-in double electric oven, four ring gas hob, hood and integrated dishwasher in the kitchen and the wooden shed in the garden.
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
Agent & docs
FAQ
About 24, Fraser Avenue, Elgin
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