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See how verdicts work2-bedroom flat · IV30 6LN
Listing removedReduced £10k (−8.3%) on 27 JunListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property description Located in a convenient location in the East End of Elgin, this immaculate two-bedroom ground floor apartment offers generous living space, presented in walk-in condition.
Set within a quiet sought-after residential area, this ground floor property consists of: - open-plan lounge / kitchen / dining area, two double bedrooms and bathroom.
Externally, boasts a fantastic amount of residents' parking.
It is within walking distance of local amenities, excellent schools, Elgin's town centre, and the beautiful countryside & coast are just a short drive away.
Also ideally positioned for commuting to Inverness and Elgin. Further benefits from gas central heating, double glazing and interlinked heat and smoke detectors.
Entrance hallway Secure communal hallway with telecom access; external private store, ideal for external items.
Internal fire door opening into a spacious internal hallway; laminate flooring; doors to lounge, bedrooms and bathroom; large storage cupboard with lighting, where the consumer unit is located - space for larger items.
Open plan lounge / dining area (4.63m x 3.39m) / kitchen (3.18m x 2.45m) A bright and open living space; lounge area with space for a range of furniture including a dining table & chairs; triple window to the front aspect incorporating a sliding door; wall mounted shelving; laminate flooring throughout into the kitchen area; selection of wall mounted & base units; laminate worksurfaces; 1 & ½ stainless-steel sink set within; tiled around worksurfaces; integrated gas hob, oven & extractor; space for a washing machine & fridge freezer; window to the front aspect.
Bedroom 1 (3.18m x 2.96m) Double bedroom with space for free-standing furniture; laminate flooring; built-in double wardrobe with mirrored sliding doors, shelving and clothes rail; window to the rear aspect.
Bedroom 2 (3.20m x 2.95m) Double bedroom; built-in double wardrobe with mirrored sliding doors, shelving and clothes rails; space for furniture; laminate flooring; window to the rear aspect.
Bathroom (2.86m x 2.01m) Capacious bathroom consisting of: - bath with an over-head mains’ shower; shower screen; WC; pedestal wash hand basin; tiled around wet areas; heated towel rail; wall-mounted mirror; extractor; vinyl flooring; translucent window to the side aspect; space for free-standing furniture.
Outside & parking Well-maintained communal grounds; large area of lawn to the front aspect; ample private parking within the residents' car park to the rear aspect of the property.
Council tax: B energy efficiency rating: C note 1: Included in the asking price will be all floor coverings, curtain fittings, light fittings, integrated appliances including oven, gas hob, and extractor.
Note 2: The mention of any appliances and/or services in these details have not been tested or checked that they are connected and does not imply that these are in full and efficient working order.
Note 3: Measurements are approximate and for guidance only.
Note 4: Factoring with Taylor & Martin, including - buildings insurance, communal repairs, cleaning & grounds maintenance - £58 per month.
Offers: - Sellers reserve the right to accept an offer at any time during the marketing process. Formal Offers must be submitted by a Scottish solicitor in writing.
A Closing Date, by which date and time offers must be submitted via a Scottish solicitor, may be arranged.
All parties who have formally noted interest via a solicitor will be notified of any Closing Date.
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
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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
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FAQ
About 9, Moravia Apartments, Elgin
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