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 bungalow · IV30 4PJ
Listing removedListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within a cul-de-sac turning and within the popular Bishopmill area of Elgin, is this 2 Bedroom Semi-Detached Bungalow.
The property features a modern kitchen, shower room and has its Own Driveway providing parking for up to 3 vehicles.
Accommodation comprises a Hallway, Lounge, Kitchen, 2 double Bedrooms and a Shower Room.
Hallway 2 pendant light fitting’s Loft access hatch Single radiator Built-in storage cupboard Fitted carpet Lounge – 15’5” (4.69) x 11’6” (3.50) Ceiling light fitting Double glazed window to the front Double radiator Fitted carpet Kitchen – 11’9” (3.57) x 7’10” (2.38) A modern kitchen comprising a ceiling light fitting Double glazed window to the rear overlooking the garden Single radiator Wall mounted cupboards and fitted base units Integrated appliances include a gas hob with an electric oven and fridge Single sink with drainer unit and mixer tap Space to accommodate a washing machine There would be space to accommodate a small breakfast table within the room A Glowworm boiler is located to one corner and a gas safety certificate carried out on 20/01/2026 Vinyl flooring Bedroom 1- 11’7” (3.52) plus wardrobe space x 9’7” (2.91) plus a door recess Pendant light fitting Double glazed window to the rear Single radiator A triple mirrored wardrobe Fitted carpet Bedroom 2 – 9’10” (2.99) x 7’10” (2.38) plus wardrobe space A double bedroom Pendant light fitting Double glazed window to the front Single radiator A double wardrobe with sliding louvered doors Fitted carpet Shower Room – 6’11” (2.10) max x 6’4” (1.92) max Ceiling light fitting Double glazed window to the side Single radiator Pedestal wash basin and a press flush W.C Shower cubicle with a mains shower and wet wall finish within Vinyl flooring Garden The property benefits from a good-sized rear garden which is mostly laid to lawn There is a metal garden shed to one side Outside garden tap Driveway Own driveway which can provide parking for up to 3 vehicles Note 1 All light fittings & floor coverings are to remain.
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)
FAQ
About 9 Russell Place, Elgin
Explore nearby