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See how verdicts work2-bedroom house · IV30 6YN
Listing removedReduced £4.5k (−3.2%) on 7 JulListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Benefiting from a corner plot position is this 2 Bedroom End-Terrace House. The property features an enclosed Rear Garden and is well positioned for local amenities including Elgin High School.
Accommodation comprises a Hallway, Lounge / Diner, Kitchen, 2 Double Bedrooms and a Bathroom.
Hallway Pendant light fitting Single radiator A carpeted staircase leads to the 1st floor landing Built-in under-stairs storage cupboard fitted with lighting Fitted carpet Lounge / Diner – 21’8” (6.60) x 10’8” (3.25) reducing to 7’10” (2.38) A spacious room which has an open plan design at the rear to the Kitchen area The room comprises 2 pendant light fittings Double glazed window to the front and rear Double radiator Fitted carpet Kitchen – 11’2” (3.40) max 9’9” (2.96) plus a recess Pendant light fitting Double glazed window to the rear Wall mounted cupboards and fitted base units Integrated gas hob and electric oven Single sink with drainer unit and mixer tap Space to accommodate a washing machine and dishwasher Tile effect flooring 1st Floor Accommodation Landing Pendant light fitting Loft access hatch Built-in storage cupboard Fitted carpet Bedroom One – 16’6” (5.03) plus wardrobe recess space x 9’4” (2.84) plus wardrobe space A generous sized room comprising 2 pendant light fittings Double glazed window Built-in wardrobe with sliding doors and there is a further open recessed space with hanging rails Fitted carpet Bedroom Two – 9’11” (3.02) plus boiler cupboard x 10’2” (3.10) plus wardrobe space A double bedroom Pendant light fitting Double glazed window to the rear Single radiator Built-in cupboard housing the gas boiler Fitted carpet Bathroom – 6’5” (1.94) max x 6’5” (1.94) max A plastic lined ceiling with recessed lighting Double glazed window to the rear Single radiator Bath with shower screen and mains shower Vanity unit with a recessed wash basin and press flush W.C Laminate flooring Gardens A low maintenance and enclosed rear garden which is gravelled.
There is a block built shed to one corner and a rear entrance gate. The property also has a front garden which has a southerly direction and is also gravelled.
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
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.
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FAQ
About 2 Cockmuir Place, Elgin
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