3-bedroom terraced house · IV30 6HT
Listing removedListed 342 days
Opportunity summary
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About
Benefiting from an outlook onto a small green area with trees is this refurbished 3 Bedroom Terraced House.
The current owners have modernised the property which includes floor coverings, decoration, internal wood finishing's, electrics, new gas boiler kitchen and bathroom.
The property features a spacious Open Plan Design Lounge and Kitchen space.
Accommodation a Hallway, Ground Floor W.C, a spacious Open Plan Design Lounge with a newly fitted Kitchen, 3 Bedrooms and a newly fitted Bathroom suite.
A refurbished 3 Bedroom Terraced House Walk-in Condition Fronts onto a small green with trees Enclosed Rear Garden Double Glazing Gas Central Heating with a newly fitted gas boiler The property has been modernised by the current owners and now providing a modern home.
The property has had new electrics and lighting, bamboo flooring installed to the ground floor areas with new grey coloured carpeting to the staircase and upper floor, new internal oak styled doors, white internal facings and skirtings, and a new kitchen and bathroom.
Hallway Recessed LED lighting Double radiator A carpeted staircase leads to the 1st floor landing Bamboo flooring Ground Floor Cloakroom Pendant light fitting Vanity unit with a recessed wash hand basin Press flush W.C Bamboo flooring Open Plan Designed Lounge & Kitchen: 21’9” x 18’ reducing to 11’3” (6.62 x 5.49 reducing to 3.42) Recessed LED lighting Double glazed window to the front & rear aspects Double & single radiator Modern light grey gloss finish wall mounted cupboards & fitted base units Tiled splashbacks Integrated electric hob, oven & extractor hood Integrated washing machine & dishwasher Single sink with drainer unit & mixer tap Space to accommodate a fridge freezer Bamboo flooring throughout A rear entrance door gives access out to the Garden Landing Loft access hatch with a ladder which leads to a floored loft space Fitted carpet Bedroom 1: 11’10” x 8’11” widening to 11’5” into door recess (3.6 x 2.72 widening to 3.47) Pendant light fitting Double glazed window to the front aspect which looks on the green area with trees Double radiator Fitted carpet Bedroom 2: 11’1” x 9’9” (3.62 x 2.96) Pendant light fitting Double glazed window to the rear aspect Double radiator Fitted carpet Bedroom 3: 8’10” maximum x 7’6” maximum (2.69 x 2.28) Pendant light fitting Double glazed window to the front aspect Single radiator Fitted carpet Bathroom: 5’6” x 6’8” maximum (1.67 x 2.02) Plastic lined ceiling with recessed LED lighting Double glazed window to the rear aspect Tall heated chrome style towel rail 3 piece suite with mains shower with rain head shower & separate shower fitting, shower screen & tiled walls to the bath area Grey wood effect tiled flooring Low Maintenance Design Rear Garden Paved with 2 timber built sheds Rear entrance gate gives access out to the communal pathway Note 1 All light fittings & floor coverings are to remain.
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.
Area
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FAQ
About 25 Reiket Lane, Elgin
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