2-bedroom flat · IV30 6BS
Listing removedListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This bright, modern two bedroom ground floor flat is located within a purpose-built block in New Elgin, offering all the comforts of modern living alongside its convenient location within easy reach of local amenities and Elgin town centre.
In walk-in condition, the accommodation is well presented throughout and comprises: Hallway, spacious open plan kitchen/dining and living area featuring a stylish fitted kitchen with wooden breakfast bar, dining space and a light and airy living area, giving plenty of room for relaxing and dining.
In addition, there are two bedrooms, one with built-in wardrobe, and a bathroom. The property benefits from gas central heating and double glazing.
Outside is a shared courtyard area with an allocated parking space. This beautifully presented home would make an ideal first-time buy or investment purchase and we highly recommend a viewing.
Kitchen/Diner/Lounge 5.35m x 6.78m Bedroom 1 2.27m x 3.65m Bedroom 2 1.96m x 3.07m Bathroom 1.96m x 2.39m
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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 North Street, New Elgin, Elgin
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