We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · IV2 4QQ
Listing removedListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the highly popular Lochardil area of the city, this two bedroom, semi-detached bungalow is close to excellent facilities, and is within very easy reach of the city centre.
Located in the highly popular Lochardil area of the city, this two bedroom, semi-detached bungalow is close to excellent facilities, and is within very easy reach of the city centre.
The property benefits from double glazing, gas-fired central heating and a private rear garden.
With ample storage, this property represents an ideal purchase for the first time buyer or for someone looking to downsize, but equally has excellent letting potential given its convenient location.
The accommodation consists of an entrance vestibule; inner hallway with two store cupboards; front facing bright lounge with ample room for dining; a well-appointed kitchen with a good selection of base and wall mounted units, Belfast sink, wood work tops and complementary tiling, integrated fridge, dishwasher and door giving access to the rear garden; two double bedrooms both with fitted storage and family bathroom comprising a three piece suite in white with an electric shower over the bath.
A garden to the front of the property is mainly laid to lawn while the fully enclosed rear garden is also laid to lawn with a garden shed.
A driveway to the front of the property provides ample off-street parking and leads to the single garage which has power and up-and-over door.
The property is within easy reach of a general store which caters adequately for daily requirements.
Other facilities can be found at Inshes Retail Park which include a supermarket, petrol station and a selection of retail outlets. Holm Mills shopping centre is also close by.
Education is provided at Holm Primary School or Inverness Royal Academy. A regular bus service to and from Inverness city centre is routed close by.
Inverness city centre which is within easy reach, offers extensive 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
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About 23 Ardbreck Place, Inverness, IV2
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