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See how verdicts work2-bedroom flat · IV30 1EH
For saleListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Benefiting from a central location in Elgin is this 2 Bedroom Ground Floor Flat which features its accommodation set across 2 floors.
The property has a convenient position and is just a few minutes’ walk away from Elgin’s High Street. Accommodation comprises a Hallway, Lounge, Kitchen / Diner, 2 Double Bedrooms and a Shower Room.
Entrance to the property is via a communal entrance door and stairwell area. The property is located on the Ground Floor level within the block.
Hallway 2 pendant light fittings Double radiator A carpeted staircase leads to the 1st floor landing A built-in under-stairs storage cupboard Laminate flooring Lounge – 14’1” (4.29) max x 11’ (3.35) Benefiting from a view towards Cooper Park the room comprises a ceiling light fitting Double glazed window Double radiator Fitted carpet Kitchen / Diner – 17’9” (5.41) x 9’9” (2.96) reducing to 8’3” (2.51) A twin aspect room comprising 2 ceiling light fittings 2 double glazed windows Double radiator The kitchen area comprises wall mounted cupboards and fitted base units Single sink Space for a washing machine, fridge/freezer and an electric cooker There are further fitted units which also houses the gas boiler Open storage cupboard Vinyl and carpeted flooring 1st Floor Accommodation Landing Pendant light fitting A spacious walk-in storage cupboard and a separate smaller storage cupboard Fitted carpet Bedroom 1 – 11’1” (3.37) x 9’10” (2.99) plus wardrobe space Pendant light fitting Double glazed window to the side Double radiator Double wardrobe Bedroom 2 – 11’1” (3.37) x 10’1” (3.07) plus wardrobe space Pendant light fitting Double glazed window offering a view towards Cooper Park Double radiator Double wardrobe Shower Room – 6’2” (1.87) max x 5’7” (1.7) maximum Ceiling lighting Double glazed window to the side Heated electric towel rail Pedestal wash basin and a press flush W.C A quadrant shower cubicle with ‘wet wall’ finish within and an electric shower Storage Cupboard/Shed There is a store cupboard located just outside the front door to the property within the communal hallway area which belongs to the property providing some additional storage space.
Communal Drying Room There is a communal drying room located on the 1st floor within the block. Note 1 All light fittings & 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
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
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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 69 North Port, Elgin
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