Initial price	£100,000
28/08/23	£95,000
Price Change	-5.00%

Prime Property Auctions is offering a rarely available 1-bedroom flat located on the outskirts of Inverness, with the potential to generate an annual income of between £8,100 and £9,000 through rent. The property has been well-maintained and is in walk-in condition, and could achieve a gross yield of 8.1% to 9% per annum based on a guide price of £100,000. Similar properties in the area have sold for much higher prices, with recent sales including 9 Tern Avenue, Inverness, which sold for £160,000 in August 2020, and 168 Castle Heather Drive, Inverness, which sold for £155,000 in May 2021. The property will be sold in vacant possession and could achieve a shrewd investor between £675 and £750 per calendar month. The property is due to go to auction for an upcoming timed online event, and interested buyers can make an immediate offer or register to bid. Located amidst the rugged 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.