1-bedroom flat · IV1 1RJ
Under offerListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic one bed first floor flat located minutes from the city centre. Newly decorated and carpeted throughout, this property is ideal for the first time buyer.
Description Viewing comes recommended for this one bed first floor flat which has been recently re-carpeted and decorated throughout, providing a ideal home for the first time buyer or with great rental potential.
The flat has is its own entrance, is located at the end of the block and benefits from allocated parking together with a private, integral outside lockable shed.
Location This top floor flat is situated in the city centre within easy reach of all the amenities.
Inverness, with its excellent road, rail and air links, boasts a wide choice of restaurants, bars, quality hotels and has a lively cultural and entertainment scene.
The city has plenty to offer and has a thriving local economy.
There are lovely riverside walks beside the flat and a short distance from the city in any direction there are plenty of places to go for long walks and to take in the local beauty spots Entrance Hallway Front door opens onto the carpeted stairs which lead up to the landing where the bathroom, bedroom and living room are located off.
A Velux window provides a good source of natural light to the landing. Built in cupboard provides good storage and a hatch opens into the partially floored loft space.
Living Room (4.46m x 3.17m (14'7" x 10'4")) The living room is a generous sized room with a window to the front providing a flood of natural light. Door leads through to the kitchen.
Carpet completes this room.
Kitchen (2.51m x 1.98m (8'2" x 6'5")) The kitchen which has a newly fitted Velux window to the rear, is fitted with an ample range of floor based units and wall mounted cupboards all providing good storage and working areas.
Inset in the work counter is the electric hob with brand new electric oven under and extractor hood above. There is a washer/dryer and stainless steel sink with drainer to the side.
Vinyl floor and tiling between the units complete this room.
Bedroom (2.99m x 2.51m (9'9" x 8'2")) The bedroom located to the rear elevation is a double room, laid with carpet and has built in wardrobes providing hanging rails and storage.
A further single built in cupboard houses the water tank.
Bathroom (1.87m x 1.84m (6'1" x 6'0")) The bathroom is furnished with a three piece suite comprising a WC, wash hand basin and bath with electric shower over and folding screen to the side.
Tiled to ceiling height above the bath, this room has a light up mirror, Newly fitted Velux to the front and a chrome ladder style heated towel rail. Vinyl flooring completes the bathroom.
Heating Electric radiators. Glazing Fully double glazed units. Council Tax Band B Epc Banding EPC E49 Parking/General Parking is allocated to the front of the property.
This property also has its own drying area which is access via a wooden gate. Extras Included All fitted carpets, washer/dryer, fridge, hob, oven and cooker hood.
Services Mains water, drainage, electricity, telephone and TV points. Viewing Viewing is through Innes and Mackay property department . Home Report Available from our website.
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
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FAQ
About 34, Friars Street, Inverness
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