£95,000 Opening Bid

86 Castle Heather Drive, Inverness, IV2 4ED

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Discounted Residential Property

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Type

Ownership

Occupation

Bedrooms

1

Council Tax

Band: B
Home Report
Legal Pack
Discounted Residential Property

Details

Property Summary


  • Prime Property Auctions is excited to present a rarely available 1 Bedroom flat, nestled on the outskirts of the popular Inverness.
     

  • *** 9, Tern Avenue, Inverness, IV2 3YN sold for £160,000 in August 2020, 168, Castle Heather Drive, Inverness, IV2 4ED sold for £155,000 in May 2021 ***
     

  • Property could achieve between £675 - £750 per calendar month, generating an annual income of between £8,100 - £9,000.  



  • Sure to appeal to shrewd buy to let investor looking for a great investment opportunity or a first-time buyer. Property has been well kept and is in walk in condition. 
     

  • Property will be sold in vacant possession and could achieve a shrewd investor between 8.1% and 9% gross yield based off a guide price of £100,000.  


 

 

Prime Property Auctions is excited to present a rarely available 1 Bedroom flat, nestled on the outskirts of the popular Inverness.

Property comprises of a first floor, 1 bedroom flat consisting of an entrance hallway, a spacious living room, kitchen, bathroom. Completing the property is a spacious double bedroom.  

 

The property provides a retreat from city life and is a popular holiday location throughout Scotland.  

Property could achieve between £675 - £750 per calendar month, generating an annual income of between £8,100 - £9,000. This would give a gross yield of 8.1% - 9% per annum based off a guide price of £100,000.  

Sure to appeal to a shrewd buy to let investor.

The property is offered at a DISCOUNT to ensure a fast sale at auction. There is fantastic sales evidence with similar properties selling for much higher: 

 

*** 9, Tern Avenue, Inverness, IV2 3YN sold for £160,000 in August 2020, 168, Castle Heather Drive, Inverness, IV2 4ED sold for £155,000 in May 2021 ***
 

Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today. 

Location: 

 

Nestled amidst the rugged landscapes of the Scottish Highlands, Inverness stands as a picturesque city that effortlessly merges history, culture, and natural beauty. As the capital of the Highlands, Inverness holds an undeniable allure that captures the hearts of visitors from around the world. 

Perched at the north-eastern tip of the Great Glen, where the River Ness meets the Moray Firth, Inverness boasts a unique blend of urban amenities and breath-taking scenery. The city is a harmonious juxtaposition of ancient castles, modern architecture, and the tranquil expanse of the surrounding hills and lochs. 

The centrepiece of Inverness is its imposing castle, which dates back to the 11th century. Its strategic position atop a hill offers panoramic views of the city and the river winding through it. Strolling along the banks of the River Ness, you'll find charming bridges, quaint walkways, and the calming presence of the water as it flows serenely towards the sea. 

Location

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.

Property Features

  • Prime Property Auctions is excited to present a rarely available 1 Bedroom flat, nestled on the outskirts of the popular Inverness. 
  • *** 9, Tern Avenue, Inverness, IV2 3YN sold for £160,000 in August 2020, 168, Castle Heather Drive, Inverness, IV2 4ED sold for £155,000 in May 2021 *** 
  • Property could achieve between £675 - £750 per calendar month, generating an annual income of between £8,100 - £9,000.  
  • Sure to appeal to shrewd buy to let investor looking for a great investment opportunity or a first-time buyer. Property has been well kept and is in walk in condition.  
  • Property will be sold in vacant possession and could achieve a shrewd investor between 8.1% and 9% gross yield based off a guide price of £100,000.  

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86 Castle Heather Drive, Inverness, IV2 4ED

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