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See how verdicts work2-bedroom flat · IV30 1UN
Listing removedListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the upper floor of a purpose built block, this spacious maisonette combines larger than expected rooms with modern finishes.
Positioned within easy reach of Elgin's shops, services and transport links, it will appeal to first time buyers, professionals, downsizers and investors looking for a property that is ready to enjoy from the outset.
You enter the property through a private ground floor vestibule where a staircase rises to the main floor.
The staircase is lined with light green carpet, complemented by light grey walls and a timber handrail which continues to the upper level.
At the top of the stairs, the hallway has neutral décor, light cream carpet and dark timber internal doors, creating a modern feel, while an electric heater keeps this central space warm throughout the year.
The living room is undoubtedly one of the standout features of the property. It is an impressively large room with plenty of space for both lounge and dining furniture without feeling crowded.
Grey walls are complemented by a textured grey wallpapered feature wall, while ceiling spotlights keep the room light.
Two large windows draw in daylight while a contemporary electric heater is positioned neatly on the wall near the door. A separate door from inside the living room leads directly into the kitchen.
Light timber cabinets are paired with black laminate worktops and matching black glossy splashbacks, giving you a stylish finish.
Under cabinet lighting illuminates the work surfaces below, while the layout provides excellent storage and preparation space.
An integrated electric oven sits beneath an induction hob with a stainless steel extractor above.
The stainless steel sink is positioned beneath the window and there is dedicated space and plumbing beneath the worktop for a washing machine.
A breakfast bar section creates an ideal spot for casual dining or a coffee. Bedroom one is a generous double room with a contemporary colour scheme.
Light grey walls are contrasted by a darker grey feature wall, while a light cream carpet adds warmth underfoot.
Ceiling spotlights provide modern lighting and a built-in storage cupboard offers useful storage.
The room includes a modern black electric heater while the proportions of the room allows plenty of flexibility when arranging furniture. The second bedroom is another double room.
Light cream painted walls and a grey carpet give you a bright and neutral backdrop, while a built-in wardrobe with timber sliding doors provides excellent everyday storage.
On the opposite wall, a hatch cupboard adds further practical storage space. A window brings natural daylight into the room.
The bathroom is fitted with an off white suite comprising a bath with electric shower above, pedestal wash hand basin and toilet.
The walls are lined with small square tiles which create a clean appearance throughout.
A wall mounted mirrored cabinet provides storage for toiletries and bathroom essentials, while light grey vinyl flooring completes the space.
The property benefits from double glazed UPVC windows while heating is provided by individually programmable electric heaters with thermostatic controls.
These can also be operated remotely for added convenience. Outside, residents benefit from access to a communal parking area where an allocated parking space belongs to the property.
Contact Hamish Homes today to arrange your private viewing of this stylish, modern home. About Elgin Elgin is a vibrant town in Moray, steeped in history and surrounded by natural beauty.
As the commercial centre of the region, Elgin is the perfect blend of urban convenience and rural charm, making it an attractive place to live.
One of Elgin’s standout features is its rich history, highlighted by the majestic ruins of Elgin Cathedral and the town’s well preserved Victorian architecture, including grand buildings and quaint stone cottages.
Elgin enjoys modern amenities, including a variety of shops, supermarkets, cafes and restaurants.
The town also boasts excellent educational facilities, including several primary and secondary schools making it a great location for families.
For leisure, residents can enjoy the atmosphere of Cooper Park, play at local golf courses or take in a football match at Borough Briggs, the home of Elgin City Football Club.
Situated between two main cities, the town is also well connected by road and rail, with direct links to Inverness and Aberdeen.
For those looking for a new home in the north of Scotland, Elgin offers a vibrant community, historical charm and a high quality of life in a picturesque setting.
General Information: Services: Mains Water, Room heaters, electric Council Tax Band: EPC Rating: D (63) Entry Date: Early entry available Home Report: Available on request.
Viewings: 7 Days accompanied by agent
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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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 16, Ashgrove Square, Elgin
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