3-bedroom bungalow · IV30 4NH
Listing removedReduced £15k (−5%) on 21 AugListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This detached three bedroom bungalow is located in a desirable area of Elgin, within easy reach of schools, local amenities and Elgin town centre, and would make an ideal family home or retirement property.
Enjoying an elevated position in a desirable area of Elgin, this three bedroom detached bungalow is ideally located for Bishopmill Primary School, Elgin Academy and local amenities, and is within easy reach of Elgin town centre.
The accommodation is all on one level, comprising: Entrance hall, semi-open plan living and dining room with feature stone fireplace incorporating a wood-burning stove, kitchen, rear porch/sun room, three bedrooms all with built-in storage, and a bathroom.
The property benefits from double glazing and oil-fired central heating. A private loc-bloc driveway leads to the integral garage and provides ample off-street parking.
The generous landscaped garden grounds to the front, side and rear of the property feature pathways, mature shrubs and trees, a large greenhouse and store and a paved area, ideal for outdoor entertaining.
With all the benefits of single storey living combined with an enviable location, this represents an excellent opportunity to purchase a family home or retirement property and we highly recommend a viewing to appreciate its full potential.
Entrance Hallway 2.80m x 1.70m Lounge/Diner 8.15m x 4.66m Kitchen 2.65m x 3.66m Sun Room 3.11m x 1.64m Bathroom 1.77m x 2.30m Bedroom 1 2.93m x 3.64m Bedroom 2 3.08m x 3.57m Bedroom 3 2.80m x 2.58m
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
Agent & docs
FAQ
About 83, Duncan Drive, Elgin
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