1-bedroom flat · IV1 1HS
Sold STCListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned one-bedroom apartment occupying a highly convenient position in the heart of Inverness, offering an excellent opportunity for a purchaser seeking a centrally located home with scope for modernisation and personalisation.
Flat 4 is a spacious one-bedroom property arranged over a practical single level, with accommodation comprising a welcoming hallway, generous living room, fitted kitchen, double bedroom and shower room.
The property would benefit from some upgrading and decorative improvement, providing an exciting opportunity to create a comfortable and contemporary city home.
The living room is a bright and well-proportioned space, with a large window providing good natural light and ample room for both comfortable seating and dining furniture.
The room also benefits from a useful recessed cupboard, providing valuable storage. The kitchen is fitted with a range of wall and base units, complementary work surfaces and tiled splashbacks.
There is an electric hob and oven together with space and plumbing for a washing machine. A window provides natural light, while the practical layout makes good use of the available space.
The bedroom is a particularly generous room with ample space for a double bed and additional bedroom furniture.
Built-in storage is provided by a large cupboard, while the window allows plenty of natural light into the room.
Completing the accommodation is the shower room, fitted with a shower enclosure, WC and wash hand basin.
The property is served by a welcoming entrance hallway which provides access to all principal rooms.
Externally, the property enjoys a central Inverness setting, with the entrance approached via the pedestrianised Mealmarket Close.
The surrounding area has a distinctive city-centre character, with traditional buildings and a mixture of residential and commercial properties nearby.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. INV260375/2
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 Mealmarket Close, High Street, Inverness, Highland, IV1
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