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 work2-bedroom flat · IV30 1QN
For saleReduced £20k (−16%) on 24 AugListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor two bedroom flat situated in the heart of Elgin and a short walk to the town centre and railway station.
The accommodation comprises entrance vestibule, hallway, lounge, dining kitchen, two double bedrooms & bathroom.
The property further benefits from double glazing, gas central heating & rear courtyard garden.
Entrance Vestibule (1.40m x 1.16m (4'7" x 3'9" )) Wooden & glazed entrance door; fitted carpet; ceiling light fitting. Hallway Fitted carpet; ceiling light fitting.
Lounge (3.58m x 3.55m (11'8" x 11'7" )) Window to front; sandstone fire surround with open fire place & electric fire; fitted carpet; ceiling light fitting.
Bedroom 1 (3.86m x 3.25m (12'7" x 10'7" )) Window to front; double built-in wardrobes; built in storage cupboard; fitted carpet; ceiling light fitting.
Bedroom 2 (3.24m x 2.90m (10'7" x 9'6" )) Window to rear; double built-in wardrobe; fitted carpet; ceiling light fitting.
Dining Kitchen (3.53m x 2.96m (11'6" x 9'8" )) Window to rear; fitted kitchen in grey; built-in single electric oven; 4 ring gas hob & hood; plumbed in candy washing machine; Beko fridge freezer; vinyl flooring; ceiling light fitting.
Rear Vestibule Door to rear garden; wall mounted central heating boiler; vinyl flooring; ceiling light fitting.
Bathroom (2.57m x 2.32m (8'5" x 7'7" )) Two windows to rear; vanity mounted sink; WC & bath with tap/shower attachment; vinyl flooring; ceiling light fitting.
Outside The rear garden is bound by high walls & is fully paved.
Notes Included in the asking price is all carpets and fitted floor coverings; all light fittings; all bathroom fittings; the oven; hob & hood; Candy washing machine; Beko fridge freezer in the kitchen.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png){kind=logo}
FAQ
About 23, South Guildry Street, Elgin
Explore nearby
