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See how verdicts work1-bedroom flat · IV30 1YJ
Listing removedListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented in immaculate, walk-in condition, this attractive first-floor flat offers comfortable, low-maintenance living in a convenient Elgin location.
The accommodation is neutrally decorated throughout, creating a bright and modern feel.
Accessed via a well-maintained communal stair, the property opens into a welcoming entrance hall featuring a double built-in storage cupboard, providing excellent everyday storage.
The spacious lounge offers ample room for both relaxing and dining, with additional flexibility for a home study area if required.
The galley-style kitchen is well laid out and equipped with an integrated oven and hob, making efficient use of space while remaining practical for daily use.
The flat benefits from a generous double bedroom complete with a built-in wardrobe.
Recently upgraded, the shower room is finished to a high standard and features a walk-in shower enclosure, partial wet-wall finish, and a useful utility cupboard.
Additional features include UPVC double glazing, individually programmed electric panel heaters, resident parking, and access to a communal drying area.
Located on Oldmills Road, the property enjoys a convenient position within Elgin, offering easy access to local amenities, transport links, and the wider town centre.
An ideal purchase for first-time buyers, downsizers, or buy-to-let investors, this well-presented flat must be viewed to be fully appreciated.
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.
ELG260027/2 Hallway Upon entry to this property the entrance hall has door access into the lounge and shower room. Additionally, there is a good size built-in storage cupboard.
Lounge 3.25m x 5.72 - The spacious lounge offers ample room for both relaxing and dining, with additional flexibility for a home study area if required.
Kitchen 1.92m x 2.2m The galley-style kitchen is well laid out and equipped with an integrated oven and hob, making efficient use of space while remaining practical for daily use.
Shower Room 2.98m x 1.61m Recently upgraded, the shower room is finished to a high standard and features a walk-in shower enclosure, partial wet wall finish and a useful utility cupboard with plumbing for a washing machine.
Bedroom 3.14m x 2.65m This flat benefits from a generous double bedroom with ample furnishing space and is complete with a built-in wardrobe.
External The exterior areas are communal with the front laid to gravel allowing for an easy upkeep and a side lawn providing a convenient drying area.
Additional Further features include UPVC double glazing, individually programmed electric panel heaters and resident parking.
Located on Oldmills Road, the property enjoys a convenient position within Elgin, offering easy access to local amenities, transport links, and the wider town centre.
An ideal purchase for first-time buyers, downsizers, or buy-to-let investors, this well-presented flat must be viewed to be fully appreciated.
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 Oldmills Road, Elgin, Moray, IV30
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