2-bedroom flat · IV30 8BQ
Listing removedListed 227 days
Opportunity summary
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About
Situated within a modern and well-maintained Springfield development, this property presents an excellent opportunity to acquire a stylish ground floor apartment ideally suited to buyers seeking a secure, contemporary home on ground level.
The property is finished to a modern standard throughout and offers a bright, well-proportioned layout.
The heart of the home is the open-plan lounge, dining area and kitchen, creating a comfortable and sociable living space.
The kitchen is fitted with integrated appliances, while dual aspect windows allow natural light to flow through the room.
A Juliette balcony adds an attractive feature and enhances the airy feel of the space. There are two generous double bedrooms, both benefiting from built-in wardrobes.
The principal bedroom also enjoys the added convenience of a private en-suite shower room. A main bathroom, complete with over-bath shower, serves the remainder of the property.
Additional practicality is provided by a walk-in storage cupboard located in the hallway. The building benefits from a secure communal entrance with intercom system, providing added peace of mind.
Further features include gas central heating, double glazing, resident parking, communal lawn grounds, and a private bike shed.
Located in the popular New Elgin area, 10 Jasmine Drive is conveniently positioned close to a range of local amenities including supermarkets, schools, leisure facilities and public transport links.
Elgin town centre is only a short distance away, offering a wide selection of shops, restaurants and services, while the surrounding Moray countryside and coastline provide excellent opportunities for outdoor pursuits.
Early viewing is recommended to fully appreciate the quality, convenience and comfortable ground floor living this apartment has to offer.
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.
ELG260060/2 Communal Hall Entering from the rear of the building is a communal entrance hall with front and rear access doors, staircase to the upper floor and access to the ground floor apartments.
Hallway When entering this property there is a spacious hallway which leads into the lounge/kitchen, two bedrooms, the main bathroom and a walk-in storage cupboard.
Lounge/Kitchen 7.76m x 3.26m The heart of the home is the open-plan lounge, dining area and kitchen, creating a comfortable and sociable living space.
The kitchen is fitted with integrated appliances, while dual aspect windows allow natural light to flow through the room.
A Juliette balcony adds an attractive feature and enhances the airy feel of the space. Bathroom 1.95m x 2.26m The main bathroom is a contemporary design and partially tiled.
The room consists of a WC, wash hand basin with storage underneath, and a bath with shower above.
Bedroom 1 2.94m x 2.94m A generous sized main bedroom with ample space for furnishings complimented by a built-in wardrobe.
En-suite 1.46m x 2.28m The main bedroom enjoys the added convenience of a private en-suite which consists of a WC, wash hand basin and double shower enclosure.
Bedroom 2 2.75m x 3.38m There’s a second good sized double bedroom equally offering plenty of space and also benefits from having a built-in wardrobe.
External Wrapping around the building is communal, maintained lawns where there is paved pathways and access to the resident parking spaces.
Additional The building benefits from a secure communal entrance with intercom system, providing added peace of mind.
Further features include gas central heating, double glazing and resident parking.
Located in the popular New Elgin area, 10 Jasmine Drive is conveniently positioned close to a range of local amenities including supermarkets, schools, leisure facilities and public transport links.
Elgin town centre is only a short distance away, offering a wide selection of shops, restaurants and services, while the surrounding Moray countryside and coastline provide excellent opportunities for outdoor pursuits.
Early viewing is recommended to fully appreciate the quality, convenience and comfortable ground floor living this apartment has to offer.
The current owner has advised that factor charges are applicable. Should you proceed with the purchase of this property, full details must be verified by your solicitor.
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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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.
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About Jasmine Drive, Elgin, Moray, IV30
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