3-bedroom terraced house · IV30 4AQ
Sold STCListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this well-proportioned three-bedroom home to the market, offering spacious accommodation throughout alongside fully enclosed front and rear gardens, ideal for a first time buyer, growing family or a buy to let investor.
Upon entering the property, you are welcomed by a bright entrance hallway featuring an excellent range of built-in storage, ideal for coats, shoes and everyday household items.
The hallway leads to the lounge, kitchen, staircase to the first floor, and both the front and rear entrances.
The generously proportioned lounge is finished with durable hard flooring and benefits from dual-aspect windows, allowing an abundance of natural light to flood the room while enjoying pleasant views over both the front and rear gardens.
The modern kitchen offers ample space for a dining table, creating the perfect setting for family meals and entertaining.
It is fitted with an integrated oven and hob, provides space for freestanding white goods, and benefits from generous worktop and cupboard space.
The staircase leads to the first-floor landing, where you will find all three bedrooms, the family bathroom, and a large walk-in storage cupboard housing the boiler.
All three bedrooms are positioned to the front of the property.
The spacious main bedroom comfortably accommodates freestanding furniture, while the second double bedroom is also well proportioned and offers excellent space for additional furnishings.
The third bedroom benefits from a built-in cupboard and would make an ideal child’s bedroom, nursery or home office.
The contemporary family bathroom is fitted with a bath featuring a wet wall surround and overhead shower, wash hand basin, WC, and a heated towel rail.
Externally, the property enjoys fully enclosed gardens to both the front and rear. The front garden is bordered by a mature hedge with gated access, offering privacy and security.
It is mainly laid to lawn and complemented by a paved pathway and patio area.
The rear garden is enclosed by a stone wall with gated access and is predominantly laid to lawn, featuring paved pathways, patio areas and a timber shed, providing excellent storage for gardening tools and outdoor equipment.
This property further benefits from gas central heating and double glazing throughout.
Located on Newmill Road in the Lesmurdie area of Elgin, the property enjoys a convenient position within easy reach of a wide range of local amenities.
Elgin offers an excellent selection of shops, supermarkets, cafés, restaurants, leisure facilities and healthcare services, with primary and secondary schools nearby.
Excellent transport links, including Elgin railway station and the A96, provide easy access to Inverness, Aberdeen and the surrounding Moray countryside.
With beautiful parks, riverside walks and stunning beaches just a short drive away, this location offers the perfect balance of town convenience and outdoor lifestyle.
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.
ELG260213/2 Hallway Upon entering the property, you are welcomed by a bright entrance hallway featuring an excellent range of built-in storage, ideal for coats, shoes and everyday household items.
The hallway leads to the lounge, kitchen, staircase to the first floor, and both the front and rear entrances.
Lounge 3.99m x 4.39m The generously proportioned lounge is finished with durable hard flooring and benefits from dual-aspect windows, allowing an abundance of natural light to flood the room while enjoying pleasant views over both the front and rear gardens.
Kitchen 2.5m x 4.42m The modern kitchen offers ample space for a dining table, creating the perfect setting for family meals and entertaining.
It is fitted with an integrated oven and hob, provides space for freestanding white goods, and benefits from generous worktop and cupboard space.
Main Bedroom 2.83m x 4.5m The spacious main bedroom comfortably accommodates freestanding furniture is located at the front of the property.
Bedroom 2 3.46m x 2.8m Also located at the front of the property, the second double bedroom is well proportioned and offers excellent space for additional furnishings.
Bedroom 3 2.03m x 3.38m The third bedroom benefits from a built-in cupboard and would make an ideal child’s bedroom, nursery or home office.
Bathroom 2.46m x 1.54m The contemporary family bathroom is fitted with a bath featuring a wet wall surround and overhead shower, wash hand basin, WC, and a heated towel rail.
External Externally, the property enjoys fully enclosed gardens to both the front and rear. The front garden is bordered by a mature hedge with gated access, offering privacy and security.
It is mainly laid to lawn and complemented by a paved pathway and patio area.
The rear garden is enclosed by a stone wall with gated access and is predominantly laid to lawn, featuring paved pathways, patio areas and a timber shed, providing excellent storage for gardening tools and outdoor equipment.
Additional This property further benefits from gas central heating and double glazing throughout.
Location Located on Newmill Road in the Lesmurdie area of Elgin, the property enjoys a convenient position within easy reach of a wide range of local amenities.
Elgin offers an excellent selection of shops, supermarkets, cafés, restaurants, leisure facilities and healthcare services, with primary and secondary schools nearby.
Excellent transport links, including Elgin railway station and the A96, provide easy access to Inverness, Aberdeen and the surrounding Moray countryside.
With beautiful parks, riverside walks and stunning beaches just a short drive away, this location offers the perfect balance of town convenience and outdoor lifestyle.
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
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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
Agent & docs
FAQ
About Newmill Road, Elgin, Moray, IV30
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