1-bedroom house · IV2 3DR
Listing removedListed 105 days
Opportunity summary
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About
An immaculate one bedroomed, ground floor apartment located within a popular retirement home complex that is fully double glazed and has electric heating.
Property - Located in the highly desirable Crown area of Inverness and just a few minutes’ walk from the city centre 40 Argyle Court is a ground floor, one bedroomed flat situated in a private retirement complex.
The attractive development is operated by First Port Property Management and would make a lovely home for couples or an individual and represents an ideal purchase for those seeking independent living, with the reassurances of 24-assistance.
One resident per dwelling should be of a certain minimum age, often but not always 60. This is subject to discretion to allow other buyers, such as those with disabilities to live there.
The nicely proportioned property sits within well-maintained communal garden grounds and is accessed via a communal hallway.
Inside, the immaculate accommodation consist of an entrance hall, a modern and stylish kitchen, a bright front facing lounge, a double bedroom and shower room.
The kitchen has wall and base mounted units with worktops, a sink with mixer tap and drainer, an integrated electric oven and hob with extractor fan over, and included in the sale is a washing machine and fridge-freezer.
The shower room comprises a wash hand basin within a vanity unit, a WC, a bidet and a large shower cubical with electric shower.
Good storage is provided by two sizeable cupboards in the hallway, along with a mirrored sliding door wardrobe in the bedroom.
Further to this, this lovely home benefits from neutral décor, electric heating, double glazing, emergency pull cords, and a security entry system.
Externally, there is residents’ parking and additional space for visitors. Local amenities which can be found in the Crown area include a delicatessen, an optician, paper shop and a chemist.
Within 50 yards of the property there is a doctor’s surgery and a frequent bus service to the town and out of town shopping centres.
Entrance Hall - Lounge - approx 3.20m x 4.38m (approx 10'5" x 14'4") - Kitchen - approx 3.10m x 2.87m (approx 10'2" x 9'4") - Bedroom - approx 4.45m x 2.74m (at widest point) (approx 14' - Shower Room - approx 1.89m x 2.10m (approx 6'2" x 6'10") - Services - Mains water, electricity and drainage.
Extras - All carpets and fitted floor coverings, curtains and blinds. A washing machine and fridge-freezer. Heating - Electric heating. Glazing - Double glazed windows throughout.
Council Tax Band - C Viewing - Strictly by appointment via Munro & Noble Property Shop - Telephone . Entry - By mutual agreement.
Home Report - Home Report Valuation - £112,000 A full Home Report is available via Munro & Noble website.
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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FAQ
About 40 Argyle Court, Inverness
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