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See how verdicts work1-bedroom flat · IV30 4EB
Listing removedListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Benefiting from a location within the Bishopmill area in Elgin is this 1 Bedroom 1st Floor Flat which has its Own Private Entrance Door and Rear Garden.
Accommodation comprises a Private Entrance Door which leads into an Entrance Hallway area to the Ground Floor, Hallway, a spacious Walk-in Store Cupboard, Lounge, Kitchen, a Double Bedroom and a Bathroom.
Private entrance door at the rear of the block leads into an entrance hallway on the ground level, with a carpeted staircase leading up to the Hallway.
Entrance Hallway Pendant light fitting Meter cupboard housing the consumer unit (tested in 10/07/2025, next inspection 2030) Carpeted staircase leads up to the hallway Fitted carpet Hallway Pendant light fitting Loft access hatch Single radiator There is a walk-in storage cupboard which measures 6’9” x 5’8” (2.04 x 1.72), fitted with lighting and a double socket within, this provides for a tumble dryer and freezer Lounge - 14’5”x 12’5 (4.39 x 3.78) Ceiling light fitting Double glazed window to front Double radiator Recessed shelved alcove Fitted carpet Kitchen - 10’7 x 7’6 (3.22 x 2.28) Strip light ceiling fitting Double glazed window to rear Single radiator Wall mounted cupboards and fitted base units Single sink with drainer unit Space to accommodate electric cooker, washing machine and fridge/freezer Vinyl flooring Bedroom - 14’5 x 9’10 (4.39 x 2.99) A double bedroom Pendant light fitting Double radiator Double glazed window to front Recess alcove Fitted carpet Bathroom - 6’11 X 6’6 (2.1 x 1.97) Ceiling light fitting Double glazed window to the rear Single radiator Wash basin and WC.
Bath with shower curtain and an electric shower Tiled walls to bath area Vinyl flooring Rear Garden The property benefits from its own rear garden which is a generous size and which is mostly laid to lawn.
Note 1 All light fittings & floor coverings are to remain. Other furniture items and kitchen white goods can be available by separate negotiation.
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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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 18 Morriston Road, Elgin
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