4-bedroom house · IV30 8RN
For saleReduced £5k (−1.7%) on 24 SepListed 918 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**opportunity to work from home** In a peaceful, rural setting just a few miles from Elgin and local amenities, this charming detached cottage offers a unique opportunity to combine a family home with on-site business premises.
Enjoying a peaceful, rural setting just a few miles from Elgin and local amenities, this charming detached cottage offers a unique opportunity to enjoy family living alongside the convenience of on-site business premises.
The cottage features well presented accommodation comprising: Entrance hallway, semi-open plan living and dining area with wood-burning stove, fitted kitchen, utility/storage area, rear porch, four spacious bedrooms, family bathroom and separate shower room.
An internal hallway leads to business-rated commercial premises, currently used as an office and workshop, but which could be converted to suit a number of other options eg hairdressing, massage or Airbnb, and which can be accessed independently via a separate entrance and vestibule.
These areas are complemented by an integrated double garage with ample space to accommodate a caravan.
A staircase leads from the commercial space to a domestic family room above, ideal for use as a home office, games room or guest accommodation.
The property benefits from majority double glazing, oil-fired central heating to the cottage and electric air source heating to the commercial areas.
Utility connections are to Scottish Water, edf Energy and lpg gas, while drainage is to a septic tank.
The property benefits from generous off-street parking and a beautifully maintained wrap-around garden featuring mature trees and over a dozen fruit trees and bushes.
Additional outdoor features include a greenhouse and a garden shed, making this a gardener’s paradise.
We highly recommend a viewing to fully appreciate the perfect blend of rural tranquillity, family accommodation and business potential this property has to offer.
Kitchen 4.16m x 2.60m Utility 2.45m x 1.38m Porch 2.78m x 1.91m Lounge/Diner 6.91m x 4.48m Bedroom 1 3.40m x 3.20m Bathroom 2.42m x 1.71m Shower Room 1.52m x 1.33m Bedroom 2 2.44m x 3.21m Bedroom 3 3.02m x 2.25m Bedroom 4 3.01m x 2.32m Office 3.04m x 2.37m Entrance 4.96m x 1.93m Workshop 3.24m x 3.01m Family Room 9.04m x 4.51m Garage 8.63m x 6.76m
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
FAQ
About Riach Cottage, Riach Cottage, Elgin
Explore nearby