3-bedroom house · IV30 1EQ
Listing removedListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
While the property would benefit from a programme of upgrading and modernisation, it provides a superb blank canvas for those looking to create a bespoke home or investment in a sought-after location.
The property enjoys immediate access to a wide range of local amenities, all within easy walking distance, including shops, cafes, and transport links.
Elgin itself is a vibrant and well-connected town, making it an attractive setting for both owner-occupiers and investors .
This is a rare opportunity to acquire a centrally located listed property with significant scope to add value. Council tax band B EPC E EPC rating: E.
Entrance Hallway Entrance hallway with doors leading off to the bathroom and two ground floor bedrooms. A carpeted staircase leads up to the first floor. Electric storage heater.
Cupboard housing hot water cylinder. Vinyl flooring. Bathroom (2.4m x 1.6m (7'10" x 5'3")) Three piece bathroom comprising bath with shower over, wash hand basin and toilet. Window to the side aspect.
Electric fan heater. Vinyl flooring. Ceiling light fitting. Bedroom 1 (3.6m x 2.3m (11'10" x 7'7")) Bedroom with window to the side aspect. Built in wardrobe. Fitted carpet. Electric radiator.
Ceiling light fitting. Bedroom 2 (2.9m x 4.1m (9'6" x 13'5")) Double bedroom with windows to both the side and rear aspect. Built in wardrobe. Ceiling light fitting. Electric radiator.
Stairs Carpeted staircase leads up to the lounge area. Lounge (4.2m x 5m (13'9" x 16'5")) Spacious lounge with windows to the front, side and rear aspects. Electric storage heater.
Ceiling light fitting. Laminate flooring. Bedroom 3 (3.2m x 3m (10'6" x 9'10")) Accessed off the lounge is a double bedroom with window to the side aspect. Laminate flooring. Electric radiator.
Ceiling light fitting. Kitchen (4.2m x 2.8m (13'9" x 9'2")) Good sized kitchen with a range of fitted units. Vinyl flooring. Windows to the front and rear.
Exterior The large garden is laid to lawn with space for off-street parking once renovated.
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 5C, High Street, Moray
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