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See how verdicts work2-bedroom flat · IV30 8BH
Listing removedListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern first floor flat in excellent condition throughout and with lovely open views from the open plan lounge and kitchen.
The accommodation comprises entrance hallway, open plan lounge/dining kitchen, two double bedrooms & bathroom.
The property further benefits from double glazing, air source heating & off-street parking.
Entrance Hall (1.86m x 1.77m (6'1" x 5'9" )) Window to side, cupboard housing the electric consumer units, coir matt floor, ceiling light fitting.
Hallway Spacious storage cupboard, fitted carpet, two ceiling light fittings.
Open Plan Lounge/Dining Kitchen Window to rear, fitted kitchen in contemporary dark grey built-in electric oven, microwave, 4 ring gas hob & hood, integrated dishwasher, washer dryer & fridge freezer, Amtico flooring, two ceiling light fittings.
Lounge Area (4.30m x 3.92m (14'1" x 12'10" )) Kitchen Area (3.51m x 3.24m (11'6" x 10'7" )) Bedroom 1 (3.27m x 2.94m (10'8" x 9'7" )) Window to front, double built-in wardrobe, fitted carpet, ceiling light fitting.
Bedroom 2 (3.31m x 2.93m (10'10" x 9'7" )) Window to front, double built-in wardrobe, fitted carpet, ceiling light fitting.
Bathroom (2.50m x 1.80m (8'2" x 5'10" )) Window to side, sink, WC & bath with mains shower over, wall mounted towel radiator, wood effect flooring, inset ceiling spotlights.
Outside The property is set in well tended communal garden grounds with off-street parking.
Notes Included in the asking price is all carpets and fitted flooring coverings, all light fittings, all bathroom fittings, the oven, hob & hood, the integrated dishwasher, washer dryer & fridge freezer.
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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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
Agent & docs
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FAQ
About 22, Corgarff Road, Elgin
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