59 Great Glen Place, Inverness, IV3 8FA

Description

• PRIME NEW LISTING. We are excited to present this vacant 3-bedroom end of terrace located within a prime location in Inverness.

• **56, Great Glen Place, Inverness, IV3 8FA sold for £420,000 in Feb 2022** **3, Ruighard Place, Inverness, IV3 8DZ sold for £378,000 in Jun 2024**

• (Subject to gaining the necessary planning consents)  As a serviced accommodation this property has the potential to achieve impressive returns. At a 70% occupancy rate, it could generate £7452 PCM (£89,425 P/A), offering a remarkable gross yield of 30.3% based on the guide price.

• The property will be sold vacant and is in walk-in condition, making it perfect for first-time buyers or families seeking a new home without the hassle of renovations.

• Located near a host of local amenities, including parks, restaurants, and coffee shops, this property also benefits from its proximity to schools and convenient public transport links, ensuring everything you need is within easy reach.

PRIME NEW LISTING. We are excited to present this vacant 3-bedroom end of terrace located within a prime location in Inverness.

The property comprises a welcoming hallway entry, leading to a spacious living room, a modern kitchen equipped with everything you need, and a convenient WC on the ground floor. Upstairs, discover a master bedroom complete with an en suite, two additional spacious bedrooms, and a family bathroom. The property also boasts a delightful garden at the rear.

As a serviced accommodation, and subject to gaining the necessary planning consents, this property offers incredible potential returns. At a 70% occupancy rate, it could generate £7452 PCM (£89,425 P/A), giving you a remarkable gross yield of 30.3% based on the guide price.

The property will be sold vacant and is in walk-in condition, allowing first-time buyers or families to settle in with ease and enjoy their new home right away.

Located near various local amenities, including parks, restaurants, coffee shops, schools, and convenient public transport links, this property ensures that everything you need is within easy reach.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**56, Great Glen Place, Inverness, IV3 8FA sold for £420,000 in Feb 2022** **3, Ruighard Place, Inverness, IV3 8DZ sold for £378,000 in Jun 2024**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Inverness, known as the "Capital of the Highlands," offers a vibrant city atmosphere with a rich history, stunning landscapes, and a wealth of cultural and leisure activities. The city provides excellent transport links and is a gateway to explore the scenic beauty of the Scottish Highlands.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.