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See how verdicts work2-bedroom flat · IV30 1UN
Under offerReduced £10k (−11.8%) on 22 SepListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within close proximity to Elgin’s amenities is this 2 Bedroom Ground Floor Flat.
Accommodation comprises Hallway, Lounge, Kitchen, 2 Bedrooms & a Bathroom The Communal Entrance Door leads into a Communal Hallway which leads to a Private Entrance Door giving access to the property.
Vestibule Ceiling light fitting Fitted carpet Hallway Ceiling light fitting Night storage heater Built-in cupboard which houses the hot water tank Built-in storage cupboard Fitted carpet Lounge: 12’10” x 12’7” (3.91 x 3.83) Coved ceiling with a ceiling light fitting 2 double glazed windows Night storage heater Fitted carpet Kitchen: 9’ x 7” (2.74 x 2.13) Ceiling light fitting Double glazed window Night storage heater Wall mounted cupboards & fitted base units with a single sink with a drainer unit & mixer tap Integrated electric hob & oven, fridge freezer & washing machine Vinyl flooring Bedroom 1: 13’ maximum into recess x 8’1” (3.96 x 2.46) Pendant light fitting Double glazed window Electric panel heater Built-in double wardrobe Fitted carpet Bedroom: 9’1” x 10’4” plus wardrobe space (2.76 x 3.15) Pendant light fitting Double glazed window Electric panel heater Built-in wardrobe Fitted carpet Bathroom: 5’8” x 6’7” (1.72 x 1.99) Ceiling light fitting Double glazed window Electric panel heater 3-piece suite with electric shower, shower screen & tiled walls to the bath area Vinyl flooring Parking The property benefits from an allocated parking space as well as visitor communal parking.
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.
Area
Agent & docs
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FAQ
About 17 Ashgrove Square, Elgin
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