3-bedroom house · IV36 3YF
Listing removedListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming detached cottage set in the heart of Findhorn village.
61 Findhorn has been in the same family for the past seventy years and extended in that time from a small fisherman's cottage to a three bedroom comfortable family home.
The accommodation comprises on the ground floor: Entrance hallway; lounge; dining kitchen; sun room double bedroom; bathroom and on the first floor two further bedrooms and a shower room.
The property further benefits from electric heating, double glazing, garden and a shared drying green. Hallway UPVC and glazed entrance door; fitted carpet; ceiling light fitting.
Lounge (4.37m x 4.31m (14'4" x 14'1")) Window to front; recessed log burning stove; fitted carpet; wall light fittings.
Dining Kitchen (4.40m x 3.28m (14'5" x 10'9")) Window to side; fitted kitchen in wood effect; built-in single electric oven, hob and hood; integrated fridge freezer; plumbed in washing machine; vinyl flooring; ceiling light fitting.
Sun Room (2.28m x 2.27m (7'5" x 7'5")) Glazed on three sides; door to garden; vinyl flooring; ceiling light fitting.
Bathroom (3.27m x 2.10m (10'8" x 6'10")) Window to rear; sink; WC and bath; shower cubicle with electric shower; tile effect flooring; ceiling light fitting.
Bedroom 1 (4.39m x 2.84m (14'4" x 9'3")) Window to front; built-in cupboard; fitted carpet; ceiling light fitting.
Staircase And Landing Range of built-in storage cupboards; fitted carpet; ceiling light fitting. Bedroom 2 (4.31m x 3.34m (14'1" x 10'11")) Window to front; fitted carpet; ceiling light fitting.
Bedroom 3 (3.36m x 3.09m (11'0" x 10'1")) Window to front; fitted carpet; ceiling light fitting.
Shower Room (2.03m x 1.91m (6'7" x 6'3")) Window to rear; built-in cupboard; sink; WC and spacious shower enclosure with electric shower; vinyl flooring; ceiling light fitting.
Outside The garden to the front is bound by a brick wall and laid with low maintenance gravel.
To the side of the property is an enclosed area of garden which is also laid with low maintenance gravel and planted with mature shrubs and trees; wooden garden shed; log store; rotary clothes dryer.
The property also benefits from a shared drying green.
Notes Included in the asking price are all carpets and fitted floor coverings; all light fittings; all bathroom and shower room fittings; the built-in electric oven, hob, hood, integrated fridge freezer and washing machine in the kitchen and the wooden garden shed and rotary clothes dryer 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
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FAQ
About 61, Findhorn, Forres
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