2-bedroom terraced house · IV30 4GH
For saleReduced £5k (−3.4%) on 8 OctListed 49 days
Opportunity summary
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About
Located within the Bishopmill area is this 2-Bedroom Terraced House. The property is well located for Elgin’s local amenities and services.
Accommodation comprises a Hallway, Lounge / Diner, Kitchen / Breakfast Room, 2 Double Bedrooms and a Bathroom. Further benefits include Front and Rear Gardens and Communal Parking.
Entrance into the property is via front door with double glazed windows lead into: ‘L shaped’ Kitchen / Breakfast Room – 15’10” (4.82) max x 11’3” (3.42) max Recessed ceiling lighting Double glazed window to the front Single radiator Wall mounted cupboards and fitted base units 1 1⁄2 style sink with drainer unit and mixer tap Integrated gas hob and electric oven and microwave Space to accommodate a washing machine Laminate flooring Inner Hallway Recessed ceiling lighting A carpeted staircase leads up to the 1st floor landing Double radiator Laminate flooring ‘L’ shaped Lounge / Diner – 13’8” (4.16) max x 15’10” (4.82) max Recessed ceiling lighting Double glazed double doors to the rear which open out onto the rear garden 2 double radiators A built-in open storage cupboard Laminate flooring 1st Floor Accommodation Landing Ceiling light fitting Loft access hatch Built-in storage cupboard which also houses the gas boiler Fitted carpet Bedroom One – 13’7” (4.13) plus wardrobe space x 9’5” (2.86) Recess ceiling lighting Double glazed window to the front Double radiator Built-in triple mirrored wardrobe Laminate flooring Bedroom Two – 12’10” (3.91) plus wardrobe space x 8’11” (2.72) max Recessed ceiling lighting Double glazed window to the rear Double radiator Built-in double wardrobe Laminate flooring Bathroom – 7’5” (2.25) x 6’7” (1.99) max Recessed ceiling lighting Double glazed window to the rear Heated chrome style towel rail Bath with shower screen and an electric shower Recessed wash basin and a press flush W.C Tiled flooring Front and Rear Gardens The property benefits from both front and rear garden areas which are enclosed.
The front garden is partly gravelled and partly paved with a timber built shed to one corner The rear garden features a wooden decked seating area with the remainder laid to lawn.
Communal Parking There is communal parking area directly to the front of the property Note 1 All light fittings and 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
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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 4 Ernest Hamilton Court, Elgin
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