2-bedroom bungalow · IV2 3JB
Sold STCListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CLOSING DATE SET - Monday 1st June at 12noon This delightful two/three-bedroom detached bungalow is located in the highly sought-after Crown area of the city, close to excellent local amenities and within easy walking distance of the city centre.
CLOSING DATE SET - Monday 1st June at 12noon This delightful two/three-bedroom detached bungalow is located in the highly sought-after Crown area of the city, close to excellent local amenities and within easy walking distance of the city centre.
Presented in good condition throughout, the property has been thoughtfully extended and benefits from gas central heating, solar panels, generous garden grounds and off-street parking.
Retaining some lovely features such as high ceilings and sash and case windows, the home offers ample storage and well-proportioned accommodation.
This versatile property would make an ideal family home or suit those looking to downsize. Viewing is highly recommended to fully appreciate this charming property and its prime location.
The accommodation comprises: an entrance vestibule; a welcoming inner hall with feature archway, shelved storage cupboard, and access to the attic; a generous, double-aspect lounge with a large bay window allowing the room to flood with natural light, a hatch to the kitchen, and a gas fire set within a tiled surround providing a welcoming focal point; a bright formal dining room/bedroom 3 featuring an open fire set in a wooden and tiled surround and fitted storage; a well-appointed kitchen benefiting from a selection of base and wall units, complementary worktops and tiling to splashback, integrated electric oven & grill, extractor fan, hob, slimline dishwasher, fridge, microwave, two generous storage cupboards, one housing the boiler and washing machine, and ample room for informal dining; a rear vestibule with fridge freezer, bench seat and door giving access to the rear garden; a double-aspect master bedroom with fitted storage along with en-suite facilities comprising a walk-in mains shower complete with wet wall, vanity unit with wash hand basin and storage, and WC; a further double bedroom with open fire set in a tiled surround (currently blocked off) and fitted double wardrobes; a family bathroom comprising a bath with mains shower, wash hand basin, WC and small fitted storage cupboard; a delightful sunroom which floods with natural light and patio doors opening to the rear garden; a double-aspect office with fitted storage and shelving.
The property sits within beautiful, well-maintained garden grounds. The front garden is laid to lawn with a selection of mature plants and shrubs with a locbloc pathway.
An area to the side is well-stocked with mature bushes and shrubs. The generous rear garden is laid to lawn with mature hedging, bushes, trees and plants, and offers a good degree of privacy.
A large patio area provides an ideal venue for alfresco dining or where one can sit and enjoy the sunshine.
The property is within very easy walking distance of a general store, which caters adequately for daily requirements, delicatessens, bakery, pharmacy, coffee shop, café, hotels, bars and restaurants.
Also close by is Eden Court Theatre and the River Ness with its many charming island walks.
Education is provided at Crown Primary School or Millburn Academy, both of which are within easy walking distance.
A large locbloc driveway to the side of the property provides ample off-street parking for several vehicles and leads to the single detached garage which has double doors to the front, side door, workbench, fitted shelving, power and light.
Inverness City, a short walk away, offers extensive shopping, leisure and entertainment facilities along with excellent road, rail and air links to the South and beyond.
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.
Area
Agent & docs
FAQ
About 8 Leys Drive, Inverness, IV2
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