We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · IV30 1ND
Listing removedListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculate two bedroom first floor flat in the sought after Darliston development and within walking distance of Elgin town centre, railway and bus stations, Dr Gray's hospital and Moray college uhi.
The accommodation comprises reception room, hallway, lounge, kitchen, two double bedrooms and a bathroom.
The property which has been recently upgraded by the current owner is in walk-in condition throughout and further benefits from a secure video entry system, double glazing, gas combi-boiler central heating with Hive thermostat; well tended communal garden grounds, allocated and visitor parking.
Reception Room/Porch Entrance door; south facing arched window; wood effect flooring; wall light fitting; wall mounted cupboard.
Hallway Built-in cloak cupboard also housing the electric consumer units; fitted carpet; ceiling light fitting; hatch to the floored loft space.
Lounge (4.97m x 3.08m (16'3" x 10'1")) Window to rear; fitted carpet; ceiling light fitting.
Kitchen (3.50m x 2.10m (11'5" x 6'10")) Window to rear; recently fitted Howden's kitchen in contemporary painted wood effect; built-in single electric oven, microwave, hob and hood; Kenwood slimline dishwasher; Zanussi washing machine; Beko fridge freezer; wall mounted gas central heating boiler; vinyl flooring; ceiling light fitting.
Bedroom 1 (3.75m x 3.14m (12'3" x 10'3")) South facing window; triple built-in wardrobes; fitted carpet; ceiling light fitting.
Bedroom 2 (3.78m x 2.75m (12'4" x 9'0")) South facing window; built-in wardrobe; fitted carpet; ceiling light fitting.
Bathroom (2.07m x 1.90m (6'9" x 6'2" )) Window to side; recently fitted bathroom with vanity mounted sink and WC; bath with mains shower and circular shower screen; wall mounted towel radiator; vinyl flooring; inset ceiling spotlights.
And finished throughout with contemporary Porcelanosa tiles. Outside The property is set in well tended communal garden grounds; one allocated parking space and visitor parking.
Notes Included in the asking price are all carpets and fitted floor coverings; all light fittings; all bathroom fittings; the built-in electric oven, microwave, hob, hood, Beko fridge freezer, Kenwood dishwasher and Zanussi washing machine in the kitchen.
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
.png){kind=logo}
FAQ
About 8, South Court, Elgin
Explore nearby
