2-bedroom flat
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Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Virtual Tour We are pleased to be able to offer a virtual tour of the property. Please request a viewing to receive further details.
Location: The property was constructed around 2009 and offers a private entrance and comfortable living accommodation across the first and second floors of the overall building.
The property is situated within the popular Crown area with the city centre within convenient walking distance. Accommodation: This private entrance is at the rear of the main building.
Stairs lead to a spacious kitchen and lounge, along with wc at first floor level. On the upper floor the property is equipped with two double bedrooms, each with en-suite facilities.
Allocated and visitor parking within the courtyard to the front of the property. Included Items: Property to be let on an unfurnished basis.
Appliances include dishwasher, washer/dryer, fridge/freezer, electric oven and hob. Heating: Gas central heating via radiators, with programmer and room thermostat.
Combination boiler heating water on demand. Utilities: Mains water, drainage, gas, single rate electric. Council Tax: Highland Council Tax Band E.
Two or more occupiers total council tax, water and waste charges 2026/2027 £2,944.16. Availability: The property is available from 27 October 2026. Sorry, Some pets may not be allowed or smoking.
Minimum security deposit £1,600. Landlord Registration Number: 503037/270/13072 Letting Agent Registration Number: LARN1809002
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 56 Midmills Road
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