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See how verdicts work1-bedroom flat · IV2 3FN
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after Crown area of the city, this beautifully presented one-bedroom retirement apartment forms part of the prestigious McCarthy & Stone development and enjoys a convenient location close to an excellent range of local amenities and services.
Situated in the highly sought-after Crown area of the city, this beautifully presented one-bedroom retirement apartment forms part of the prestigious McCarthy & Stone development and enjoys a convenient location close to an excellent range of local amenities and services.
Located on the second floor, the apartment is presented in excellent condition throughout and offers bright, spacious accommodation ideally suited to those over 55 years old, seeking independent living with the reassurance of 24-hour on-site assistance.
The well-proportioned accommodation provides excellent storage throughout and further benefits from access to a lovely balcony, a secure entry system, lift access to all floors, and private parking.
The development also offers an attractive roof terrace and sun lounge, a residents' lounge with a wide range of activities, a guest suite, reception area, house manager, and 24-hour on-call assistance.
The accommodation, which can be accessed via lift or stairway, comprises: a welcoming entrance hall with entry phone and a large walk-in storage cupboard housing the hot water system and fitted shelving; a bright lounge with an electric fire, dining area, and patio doors leading to the balcony; a well-appointed kitchen with a good selection of base and wall-mounted units, complementary worktops and upstands, and integrated electric oven, hob, extractor fan, fridge/freezer, and washing machine; a generous double bedroom with a large walk-in wardrobe complete with fitted shelving and hanging rails; and a modern shower room featuring attractive tiling, a large walk-in mains shower, and a vanity unit incorporating a wash hand basin, WC, and fitted storage.
The property sits within beautifully maintained communal grounds with a variety of seating areas. There is ample parking available, although a private parking space can also be made available.
The Crown area of the city is ideally positioned to take full advantage of the excellent local amenities on offer, including a general store, baker's shop, chemist, hairdressers, café, delicatessens, and a good selection of hotels, bars, and restaurants.
A short walk leads to the city centre, which offers extensive shopping, leisure, and entertainment facilities, together 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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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.
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FAQ
About 38 Oakwood Court, Inverness, IV2
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