Castle Heather Drive, Inverness IV2 1 bed flat for sale

>

Castle Heather Drive, Inverness IV2 1 bed flat for sale

Castle Heather Drive, Inverness IV2
£90,000

Our Summary

  • Sure to appeal to shrewd buy to let investor looking for a great investment opportunity or a first-time buyer
  • 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

Description

Prime Property Auctions presents a rare opportunity to purchase a 1-bedroom flat in Inverness, Scotland, which could achieve a gross yield of 8.1% to 9% per annum. The property, located on the outskirts of the city, has been well-maintained and is being sold in vacant possession. With a guide price of £100,000, the property could generate an annual income of between £8,100 and £9,000. Similar properties in the area have sold for higher prices, including £160,000 and £155,000, making this a shrewd investment opportunity for buy-to-let investors or first-time buyers. The property is situated in a popular holiday location and offers a retreat from city life, with Inverness city center just a short drive away. The property is due to go to auction, and interested parties can register to participate in the timed online event or make an immediate offer.
Get a Mortgage Quote