2-bedroom flat · AB56 1SP
Listing removedListed 924 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Grange are delighted to bring to the market this stylish two-bedroomed flat in the village of Portessie.
Located just a stone's throw away from the bustling town of Buckie, the village of Portessie offers a serene coastal lifestyle with convenient access to urban amenities.
Situated along the stunning Moray Firth coastline, Portessie provides residents with picturesque views and easy access to sandy beaches for leisurely walks and relaxation.
While Portessie itself offers a tranquil atmosphere, its close proximity to Buckie ensures that residents have access to a wide range of amenities, including shops, supermarkets, schools, healthcare facilities, and recreational opportunities.
Whether it's shopping for daily essentials or enjoying dining and entertainment options, residents of Portessie can enjoy the best of both worlds - the peaceful charm of village life combined with the convenience of nearby urban amenities in Buckie.
The living room of the property is spacious and bright with a feature fireplace and dual aspect windows.
The kitchen is delightfully modern with white gloss wall and base units, contrasting countertops, integrated appliances and a feature cooker hood.
The master bedroom is generously sized with built in storage and dual aspect windows allowing for maximum natural light. The remaining bedroom is of good size and is neutrally decorated.
The family shower room contains wc, wash-hand basin, corner shower and heated chrome towel rail. Parking is available to both the front and rear of the property.
To the rear is a garden area which is laid to lawn and presents an opportunity for green-thumbed enthusiasts to turn to their liking. A lovely property a mere stone's throw from the sea
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
Agent & docs
FAQ
About 11, Hope Street, Buckie
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