Initial price	£95,000
30/05/24	£85,000
Price Change	-10.53%

Prime Property Auctions presents a rare opportunity to purchase a 1 bedroom flat nestled on the outskirts of Inverness, with the potential to generate an annual income of between £8,100 and £9,000. The property has been well-kept and is in walk-in condition, with the possibility of achieving a gross yield of 8.1% to 9% per annum based off a guide price of £100,000. Similar properties have recently sold for much higher prices, with 9 Tern Avenue selling for £160,000 in August 2020 and 168 Castle Heather Drive selling for £155,000 in May 2021. The property will be sold in vacant possession and could appeal to both buy-to-let investors and first-time buyers. Located amidst the stunning landscapes of the Scottish Highlands, Inverness offers a unique blend of history, culture, and natural beauty, making it a popular destination for visitors from around the world.