2-bedroom flat · IV2 3JN
Listing removedListed 64 days
Opportunity summary
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About
Situated in the heart of Inverness city centre, this well appointed two-bedroom first-floor apartment presents an excellent opportunity for a first-time buyer or buy-to-let investor.
The property benefits from a double bedroom, a box room/study, and generous living accommodation. Early viewing is highly recommended.
Location:- 4 Stephens Brae is within Inverness City Centre, and in a conservation area.
The property is close to the train station, bus station, River Ness and all city amenities are within easy reach. Parking permits are available for street parking.
Communal entrance:- The communal entrance hallway runs along the side of Girvan's Restaurant, and the staircase proceeds to the first floor landing offering access to the property.
Entrance hallway:- The welcoming entrance hall of the property offers access to the lounge, kitchen, bedrooms and shower room. There is a storage cupboard.
Kitchen (3.80m x 3.15m):- The kitchen is fitted with a combination of wall mounted and floor based units with worktop, a stainless steel sink and drainer, integrated electric hob, integrated electric oven, extractor hood, space and plumbing for a washing machine.
Utility area (1.92m x 1.47m):- a useful space adjoining the kitchen that homes the fridge/freezer.
Lounge(4.01m x 4.64m):- This large lounge benefits from a generous degree of natural light courtesy of bay window to the front elevation.
Bedroom one (2.76m x 4.65m):- This bright double bedroom offers ample space for bedroom furniture and is to the front elevation.
Box room (1.90m x 2.94m):- This is a useful room, which could be utilised as a single room, or home office.
Shower room (1.47m x 2.85m):- This room offers a WC, wash handbasin, shower cubical with mains fed shower and window.
Extras included:- All fitted carpets, floor coverings, window fittings and light fixtures. All integrated appliances. Furniture available through separate negotiation.
Services:- Mains water, gas, electricity, drainage, television and telephone points. Floor area:- 60m2
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
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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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About 4, Stephens Brae, Inverness
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