1-bedroom flat · IV3 5TE
Sold STCListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This bright, spacious first floor apartment represents a unique opportunity to purchase a one-bedroom property within the McCarthy & Stone retirement complex.
This bright, spacious first floor apartment represents a unique opportunity to purchase a one-bedroom property in a McCarthy & Stone independent retirement living complex located within easy reach of excellent facilities and the City Centre.
A lift to the first floor leads to the apartment, which benefits from double glazing and electric heating, emergency pull cords, security entry system, resident house manager and is in walk in condition throughout.
The apartment provides ideal accommodation for a couple or single person looking for a property with onsite care assistance yet retaining their total independence.
The accommodation consists of: an entrance hall with large storage cupboard; lounge with an electric fire set in an ornamental surround providing a welcoming focal point and from the dining area doors open to the Juliette balcony.
Compact kitchen with a selection of base and wall mounted units, complementary tiling to splashback, electric hob and oven, extractor fan, fridge, freezer and microwave; spacious double bedroom with fitted mirrored wardrobes; shower room comprising a WC, wash hand basin and large electric powered shower with fold away seat.
To the rear of the property is a small garden area where one can sit and enjoy the sunshine along with an additional well-maintained communal garden area.
There is ample parking available for both residents and visitors alike.
Facilities within the complex include a residents' lounge offering a wide range of activities, laundry room, refuge room and guest suite which is available at a small nightly charge.
Royal Ness Court is within close proximity of a general store, takeaway and baker's, with a host of other facilities available close by such as Eden Court Theatre, the castle visitor centre, Botanic Gardens, the Aquadome, hotels, bars and restaurants along with the River Ness with its many charming island walks.
Inverness City Centre is also within walking distance and offers excellent 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.
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About 26 Royal Ness Court, Inverness, IV3
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