2-bedroom flat · IV30 8UJ
Sold STCListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is entered through its own private front door into a welcoming hallway, which provides access to all of the accommodation, including the lounge, kitchen, two double bedrooms and family bathroom.
A generous storage cupboard within the hallway provides valuable additional space for keeping household essentials neatly tucked away.
The spacious lounge is a bright and inviting room, with an abundance of natural light creating a lovely airy feel.
Finished with attractive hard flooring and open plan to the kitchen, this is a fantastic space for both relaxing and entertaining, with plenty of room to comfortably host family and friends.
The modern kitchen is well equipped and thoughtfully designed, featuring a range of wall and base units, excellent storage and generous worktop space.
Integrated appliances include an oven, hob, microwave and fridge freezer.
There is also ample room for a dining table, creating a practical and sociable space for everything from morning coffee to family dinners.
The boiler is discreetly housed within the kitchen, keeping the room looking neat and uncluttered.
The main bedroom is situated to the rear of the property and benefits from a large window, allowing plenty of natural light into the room.
Finished with carpet, the bedroom also features a spacious built-in double wardrobe with mirrored sliding doors, providing excellent storage while adding to the feeling of space.
The second bedroom is also a well-proportioned double and benefits from a built-in double wardrobe with mirrored sliding doors.
A wonderfully versatile room, it would make an ideal guest bedroom, nursery, home office or dressing room, depending on your needs.
The spacious family bathroom is finished with tiled walls and comprises a bath with overhead shower, WC and wash hand basin, complemented by hard flooring.
Whether you prefer a quick shower to start the day or a relaxing soak after a busy one, this bathroom offers the best of both worlds.
Externally, the property benefits from access to a shared rear garden, which is shared between this property and the upper flat.
The garden is enclosed by wooden fencing and is predominantly laid to lawn, with a paved pathway providing access through the garden.
A pleasant outdoor space to enjoy during the warmer months, whether that be with a morning coffee or simply a little fresh air.
Further benefits include gas central heating and double glazing throughout, ensuring a warm and comfortable home all year round. The current owner has advised that factor charges apply.
Should you proceed with the purchase of this home, full details should be verified by your solicitor.
Glamis Place is situated within a modern residential development in Elgin, offering a peaceful setting while remaining conveniently placed for the town’s excellent range of amenities.
Elgin itself provides a variety of shops, supermarkets, cafés, restaurants, leisure facilities and everyday services, with the town centre easily accessible from the property.
The area is also well connected, with Elgin railway station approximately one mile away, providing rail links to Inverness and Aberdeen, while local road connections make travelling throughout Moray and further afield straightforward.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
ELG260227/2 Hallway The property is entered through its own private front door into a welcoming hallway, which provides access to all of the accommodation, including the lounge, kitchen, two double bedrooms and family bathroom.
A generous storage cupboard within the hallway provides valuable additional space for keeping household essentials neatly tucked away.
Lounge 4.13m x 3.73m The spacious lounge is a bright and inviting room, with an abundance of natural light creating a lovely airy feel.
Finished with attractive hard flooring and open plan to the kitchen, this is a fantastic space for both relaxing and entertaining, with plenty of room to comfortably host family and friends.
Kitchen 3.32m x 3.07m The modern kitchen is well equipped and thoughtfully designed, featuring a range of wall and base units, excellent storage and generous worktop space.
Integrated appliances include an oven, hob, microwave and fridge freezer.
There is also ample room for a dining table, creating a practical and sociable space for everything from morning coffee to family dinners.
The boiler is discreetly housed within the kitchen, keeping the room looking neat and uncluttered.
Bedroom 1 2.79m x 2.41m The main bedroom is situated to the rear of the property and benefits from a large window, allowing plenty of natural light into the room.
Finished with carpet, the bedroom also features a spacious built-in double wardrobe with mirrored sliding doors, providing excellent storage while adding to the feeling of space.
Bedroom 2 2.65m x 2.4m The second bedroom is also a well-proportioned double and benefits from a built-in double wardrobe with mirrored sliding doors.
A wonderfully versatile room, it would make an ideal guest bedroom, nursery, home office or dressing room, depending on your needs.
Bathroom 2.53m x 1.66m The spacious family bathroom is finished with tiled walls and comprises a bath with overhead shower, WC and wash hand basin, complemented by hard flooring.
Whether you prefer a quick shower to start the day or a relaxing soak after a busy one, this bathroom offers the best of both worlds.
External Externally, the property benefits from access to a shared rear garden, which is shared between this property and the upper flat.
The garden is enclosed by wooden fencing and is predominantly laid to lawn, with a paved pathway providing access through the garden.
A pleasant outdoor space to enjoy during, whether that be with a morning coffee or a family barbeque.
Additional Further benefits include gas central heating and double glazing throughout, ensuring a warm and comfortable home all year round.
The current owner has advised that factor charges apply. Should you proceed with the purchase of this home, full details should be verified by your solicitor.
Location Glamis Place is situated within a modern residential development in Elgin, offering a peaceful setting while remaining conveniently placed for the town’s excellent range of amenities.
Elgin itself provides a variety of shops, supermarkets, cafés, restaurants, leisure facilities and everyday services, with the town centre easily accessible from the property.
The area is also well connected, with Elgin railway station approximately one mile away, providing rail links to Inverness and Aberdeen, while local road connections make travelling throughout Moray and further afield straightforward.
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.
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FAQ
About Glamis Place, Elgin, Moray, IV30
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