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See how verdicts work2-bedroom flat · IV30 1QU
Listing removedListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale is this neutrally decorated two-bedroom flat situated in the highly sought after town centre location.
Perfectly catering to a range of buyers, this well-proportioned flat benefits from superb access to public transport links, reputable nearby schools and an excellent selection of local amenities.
Upon entering the property, a welcoming hallway runs centrally, providing convenient access to all rooms.
The spacious lounge enjoys large windows with garden views, while seamlessly connecting to the dining room - ideal for both relaxation and entertaining guests.
The kitchen is filled with natural light, offering ample cupboard storage and worktop space, and incorporating integrated appliances.
There is a practical utility cupboard set off the hallway, enhancing everyday functionality.
The accommodation comprises a main bedroom featuring a built-in wardrobe and a stylish en-suite with a shower cubicle. The second bedroom is also a well-sized double with built-in wardrobes.
The main bathroom is partially tiled for a clean finish with a bath and shower attachment.
Additional features include gas central heating, double glazing and access via a communal entrance with a maintained hallway.
Residents will further appreciate the beautifully maintained communal gardens, along with allocated and visitor parking.
This property presents a wonderful opportunity to acquire a flat in an established and vibrant setting, close to the heart of Elgin. Early viewing is highly recommended.
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.
ELG250308/2 Hallway Upon entering the apartment, a welcoming hallway runs centrally, providing convenient access to all rooms.
Lounge 4.28m x 3.75m The spacious lounge enjoys a large window with delightful views over the well-maintained communal gardens, while seamlessly connecting to the dining room via double doors - ideal for both relaxation and entertaining guests.
Kitchen 2.87m x 3.43m The sizeable kitchen is filled with natural light and offers ample cupboard storage and worktop space.
Incorporated into the kitchen is an integrated oven, hob, fridge/freezer and dishwasher. Additionally, this room offers plenty floorspace, useful for casual dining.
Dining Room 4.22m x 3.01m There’s a good size dining room, also benefitting from garden views, accessible from either the lounge or hallway.
This room can easily be enjoyed as a second reception room or changed to a third bedroom if desired.
Utility 1.16m x 2.28m Set off the hallway is a convenient and practical utility cupboard providing plenty space for storage and laundry appliances.
This is a great additional space enhancing every functionality.
Bathroom 1.85m x 1.56m The partially tiled main bathroom offers a three-piece white suite which includes a WC, wash hand basin with storage underneath, and a bath with shower attachment.
Bedroom 1 3.28m x 2.92m A generously sized main bedroom boasting a built-in wardrobe and plenty floorspace for freestanding furnishings.
En-suite 2.16m x 1.54m Ideally positioned off the main bedroom is a convenient en-suite shower room. This room has a WC, wash hand basin and a shower cubicle – ideal practicality.
Bedroom 2 3.57m x 2.5m There’s a second good size double bedroom currently set up as a twin room with a wall length fitted wardrobe with mirror sliding doors.
External To the front of the building there is a lock block carpark with planted borders and a wall and fence boundary. The carpark contains both allocated and visitor parking.
To the side and the rear of the property there are well maintained communal gardens consisting of mature trees, shrubs, flower beds and a patio area. Use of a communal shed for gardening tools etc.
is also available.
Additional Further features of this accommodation are gas central heating, double glazing, tradition building features, a communal building entrance with well maintained hallways.
This property presents a wonderful opportunity to acquire a flat in an established and vibrant setting, close to the heart of Elgin. Early viewing is highly recommended.
The current owner has advised that factor charges are applicable. Should you proceed with the purchase of this property, full details must be verified by your solicitor.
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

FAQ
About Institution Road, Elgin, Moray, IV30
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