Summary - North Port, Elgin, IV30 1EH IV30 1EH
2 bed 1 bath Flat
Central Elgin 2-bed flat with refurbishment potential — close to amenities, ideal for investors.
Freehold 2-bed flat set across two internal levels
Central Elgin location with many local amenities nearby
Requires full modernisation; sold in present condition
Home Report valuation £75,000; asking price £72,000
Double glazing and gas central heating present (no warranties)
Second-floor flat accessed via communal stairwell
Excellent mobile signal; average broadband speeds
Area classed as very deprived — strong renter pool but lower yields possible
Set over two levels in central Elgin, this freehold 2-bedroom flat offers clear scope for refurbishment or rental. The accommodation includes a 22'9" lounge/diner, kitchen, two double bedrooms, and a bathroom; principal rooms benefit from double glazing and gas central heating. The property is on the second floor of a mid-20th-century block with communal entrance and stairwell.
Sold in its present condition, the flat requires full modernisation throughout — cosmetic and likely systems work may be needed. No services or systems have been tested and no warranties will be given; buyers should factor potential repair or upgrade costs into any offer. The Home Report valuation is £75,000 and the current asking price is £72,000.
For investors, the central location and range of local amenities support steady rental demand, especially in an area identified with constrained renters. Broadband is average but mobile signal is excellent. Council tax is low which may appeal to cost-sensitive tenants. There is no flooding risk recorded.
This property will suit a buyer seeking a hands-on refurbishment project or a landlord prepared to modernise before letting. It offers clear upside if renovated, but budget conservatively for works and confirm the condition of heating, electrics and plumbing before completion.
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