Castle Heather Drive, Inverness IV2 1 bed flat for sale

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Castle Heather Drive, Inverness IV2 1 bed flat for sale

Castle Heather Drive, Inverness IV2
£90,000

Price History

Initial price £95,000
30/05/24 £85,000
15/11/24 £100,000
01/04/25 £90,000
Price Change -5.26%

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.