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See how verdicts work3-bedroom detached house · IV11 8XT
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Smithy Cottage is a delightful three-bedroom property located just outside the highly popular historic village of Cromarty and is within easy commuting distance of Inverness City.
Smitty Cottage is a delightful three-bedroom property located just outside the highly popular historic village of Cromarty and is within easy commuting distance of Inverness City.
The detached property benefits from double glazing and electric heating sits in just over 2 acres of land which includes an 1.7-acre paddock, ideal for equestrian pursuits.
Offering well-proportioned rooms with ample storage, this property represents a very comfortable family home for someone looking for a quiet countryside lifestyle with nearby village facilities.
The property can also be made available with Tanara Mhorr a three bedroomed modern detached property.
Purchased together, this represents an ideal lifestyle change, providing independent accommodation for the extended family or additional income stream.
Full details of Tanara Mhor can be found on our web site. Viewing is highly recommended to fully appreciate the potential this property has to offer along with the land and countryside location.
The accommodation consists of: sun Poarch enjoying views across the garden; inner hall; double aspect lounge with an electric fire set in an ornamental surround; kitchen with a selection of base and wall mounted units, electric oven, hob and grill, dish washer, fridge freezer and dining area with patio doors opening to the side garden; sitting room/bedroom three; on the upper floor the landing gives access to two generous bedrooms both with fitted storage and family bathroom comprising a three piece suite with electric powered shower over the bath.
Externally the property sits in generous garden ground, laid mainly to lawn and well populated with mature trees, shrubs and bushes.
There are two garden sheds, raised vegetable beds, productive fruit trees, greenhouse and secluded private patio area providing an ideal venue for al fresco dining.
To the rear of the garden is the 1.7 acre paddock with stock gate. A tarmacadam driveway provides ample space for turning and parking.
The highly desirable conservation village of Cromarty offers an excellent range of facilities which include a general store, Post Office, bakers, hotels, restaurants, art centre and working harbour.
The area is a highly popular tourist destination, with an excellent range of leisure facilities are available on your doorstep including sailing, cycling, golf, coastal walks, bird spotting and dolphin watching.
There is also a regular car ferry service which runs from Cromarty to the Northeast Coast during the summer months.
Other attractions include Hugh Miller's cottage, Cromarty Court House, Fishertown Art Centre and Cromarty Gallery.
Primary education is available in the village with secondary pupils attending the highly acclaimed Fortrose Academy to which bus transportation is provided daily.
A regular bus service provides access to both Inverness and Dingwall.
Inverness the main business and commercial centre in the Highlands is within very easy commuting distance and offers an excellent range of 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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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 Smithy Cottage, Newton, Cromarty, IV11
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