2-bedroom flat · IV12 4AG
Listing removedListed 259 days
Opportunity summary
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About
*** PRICE REDUCTION *** Now £140,000 (£10,000 under Home Report valuation) Spacious self-contained flat in a prime High Street location offering bright and airy accommodation.
Located in a sought-after High Street position, this bright and spacious self-contained flat spans three floors and offers comfortable, well-planned living with the benefit of its own private front door.
Accessed via a solid timber front door off the High Street, the property opens into an entrance vestibule and hallway with a staircase leading to the main accommodation above.
The first floor boasts a large, inviting lounge/dining room complete with hardwood flooring and an abundance of natural light. An open-tread staircase leads to the 2 nd floor.
A separate, well-equipped kitchen offers generous storage and appliances including a 1 ½ bowl stainless steel sink, double oven, gas hob, dishwasher, fridge freezer, washing machine, and tumble dryer.
The second floor features a spacious and stylish family bathroom, fitted with a WC, wash hand basin, bath, and a separate shower cubicle.
Also on this level are two generous double bedrooms, both offering excellent built-in storage.
The home is heated via a gas central heating system powered by a Worcester boiler that is only one year old.
With its unbeatable location, practical layout, spacious accommodation, this property is perfect for professionals, couples, or investors looking for a home in a central setting.
Nairn with its own micro-climate is a thriving community which benefits from two championship golf courses, a sports club, swimming pool, a new community and arts centre and an excellent choice of clubs offering a variety of activities, indoor and outdoor.
We are also proud to offer award winning restaurants, bars, shops and beautiful beaches with miles of golden sands and views over the Moray Firth.
Nairn offers very convenient transport links including a train station, bus services and Inverness airport is close-by providing air links to many UK and European destinations.
We have two Primary Schools locally along with village schools in Auldearn and Cawdor, a choice of pre-school nurseries and Nairn Academy provides secondary education. Approx.
Dimensions: Lounge/dining Room 7.58m x 4.35m Kitchen 4.06m x 3.13m Bathroom 3.31m x 2.05m and 3.04m Bedroom 1 4.73m x 3.47m Bedroom 2 4.49m x 2.81m
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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About The Flat, 3 High Street, Nairn, IV12 4AG
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