1-bedroom flat · IV2 3JY
Sold STCListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic opportunity to acquire this ground floor flat within a Victorian conversion in the sought after Crown area of Inverness.
High ceilings and deep skirtings retain the character of the original building, while the interior has been upgraded to a contemporary and stylish standard, ideal for a holiday let investment or a first time buyer purchase.
The open plan lounge, kitchen and dining area is bright and modern.
The sleek kitchen has a good array of integrated appliances, including an electric hob, oven, under counter fridge with freezer compartment and washing machine.
The double bedroom is a good size and comfortably accommodates a king size bed. French doors give access to the shared rear area, which provides convenient access to the bins.
The shower room completes the accommodation, and there is a useful cupboard within the flat for additional storage. There is gas central heating and double glazing throughout.
The property is currently run as a successful holiday let, with the short-term let licence in place and transferable to the new owner.
All furniture and items associated with the holiday let are included in the sale, making this a ready made investment.
The building comprises only two properties, and the location offers an excellent opportunity for a holiday let or as a stylish first home.
Location: Crown is a conservation area and one of the most desirable residential areas of Inverness.
There is a wide range of local amenities, including a newsagent with post office, pharmacy, coffee shops, delicatessen, bakers, hairdressers, barbers and three hotels with bars and restaurants.
Doctors' and dental surgeries are close by, and excellent schooling is available at Crown Primary School, with secondary pupils attending Millburn Academy.
The property is ideally placed for easy access into the city centre, which offers an extensive choice of shopping, leisure and recreational activities.
There are excellent road and rail links and an international airport nearby. Extras: All fitted floor coverings, fixtures and fittings, including all light fittings. Window blinds.
Integrated appliances include the electric hob, oven, fridge with freezer compartment and washing machine. Furniture and holiday let contents are included in the sale.
Services: Mains gas, electricity, water and drainage. Telephone and broadband. Parking: On street permit parking. Council Tax: Band B. Tenure: Freehold. Floor area: 36m2 Entry: By mutual agreement.
Viewing: Don't delay - get in touch with Tailormade Moves today to arrange a viewing.
Lounge/Kitchen (4.0 x 3.97 (13'1" x 13'0")) Bedroom (2.92 x 3.21 (9'6" x 10'6")) Shower Room (3.63 x 2.03 (11'10" x 6'7"))
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
FAQ
About 52A, Union Road, Inverness
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