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See how verdicts work5-bedroom detached house · AB33 8QG
For saleReduced £10k (−4.2%) on 20 OctListed 377 days
Opportunity summary
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About
Description A substantial 5 bedroom, family home set in the popular village of Alford. The property is in need of some modernisation. Benefitting from double glazing and electric central heating.
This property must be seen to appreciate the space that is on offer. Location: Alford is a thriving village on the edge of the Cairngorms.
There are a choice of eateries and a variety of independent shops. The community campus is host to the nursery, primary and academy schooling under one roof.
The library, swimming pool and various classes can also be found at the campus. Alford is also home to the Grampian Transport Museum, dry ski centre and Haughton Park.
The village has something for every age. Inverurie and Westhill are a 25 minute commute, whilst Aberdeen is 45 minutes.
Council Tax Band: F (Aberdeenshire Council) Tenure: Freehold Vestibule (1.7m x 1.1m) A small bright hall on entry Cloakroom (1.4m x 0.9m) A small cloakroom with a toilet and pedestal sink.
This room requires some modernisation. Lounge (4.77m x 4.03m) A lovely room which benefits from a great deal of natural light.
The floor has been fitted with laminate and the walls have been freshly painted. The focal point of the room is an electric wall fire.
Dining Room (3.6m x 2.8m) This room is open plan with the lounge and is floored with laminate flooring.
You have the added benefit of patio doors which lead out on to the rear garden, excellent for children playing the the rear garden.
Kitchen (2.8m x 3.1m) The current kitchen is dated and requires modernisation. There is a good sized larder cupboard in the kitchen, excellent for storing tins and jars etc.
The kitchen leads into a rear hallway and the fridge freezer is currently there. It would make an excellent utility room.. It also provides access to the back door.
Bedroom 1 (3.20m x 3.19m) A well proportioned doubled bedroom on the ground floor. The bedroom benefits from built-in wardrobes.
En-Suite (2.80m x 1.94m) The en-suite is situated on the ground floor and houses a toilet, pedestal sink and shower. Excellently placed if a family member has mobility issues.
Bedroom 2 (3.95m x 3.03m) A good sized double bedroom which looks out over the front of the property. This room would also make an excellent lounge.
Bedroom 3 (3m x 3m) A good sized double bedroom, which looks out on to the rear of the property. Bedroom 4 (3.08m x 3.83m) A generous double bedroom with built-in wardrobes.
Study (2.10m x 3.03m) This room has the potential to be a single bedroom. It is currently used as a study/home office., it is lined with shelves and a built-in desk.
Bedroom 5 (3.07m x 3.60m) A generous double bedroom with built-in wardrobes.
Bathroom (1.06m x 1.30m) Fitted with a white suite, consisting of a toilet, sink with vanity unit, and bath with an overhead shower.
You also have the window which is great for ventilation and a heated towel rail. Garage A single garage with an up and over aluminium door. There is power in the garage and a door to the rear.
Front Garden The front garden is mainly laid to lawn. Bordered by hedges and shrubs, allowing for privacy. Rear Garden A small rear garden which is laid to lawn.
There is also a patio area excellent for enjoying the outdoors. The rear garden is fully enclosed.
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.
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FAQ
About 1 Bank Brae, Alford
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