3 bedroom end of terrace house for sale
Key information
Property description & features
- Tenure: Freehold
- Fantastic development opportunity
- Add massive value through works
- Strong rental demand area
- Create a fabulous family home
New to auction is this fantastic end-terraced development property conveniently located in a popular residential area just two miles south of Inverness city centre. The property has been severely affected by fire/water damage and is unsafe for internal inspection, as well as being uninhabitable with no Home Report available. Access has been limited to the ground floor only, but similar properties comprise lounge and kitchen on the ground floor, with the upper level offering three bedrooms and bathroom. An extensive programme of works is required, but with local comparables suggesting a post works value in excess of £140,000, allied with a keenly positioned Guide Price, this presents an outstanding opportunity to add massive value and create a fabulous family home, whether for rental or resale. On completion of works, published LHA figures offer rental returns of £8317 per annum, with the strong rental market suggesting that stronger rental income could be achieved. We expect strong levels of demand for this one, and early expression of interest is essential.
UNINHABITABLE AND UNSAFE FOR INTERNAL VIEWING
Unsafe properties
Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.
Evan Barron Road lies just two miles south of Inverness city centre. The city of Inverness, surrounded by stunning natural landscapes, sits at the mouth of the River Ness, flowing from the famous Loch Ness. Excellent retail and leisure options are on offer in the city, and the area enjoys strong levels of tourist demand, due to the scenery, rich history and, of course, the legendary Loch Ness Monster. The city is a hub for renewable energy projects, which further strengthens the local economy. Education at all levels is available locally, and the city is well-connected by both road and rail, with air travel offered through Inverness Airport. Inverness is situated at the mouth of the River Ness, which flows from the famous Loch Ness. The city is surrounded by stunning natural landscapes, including mountains, forests, and the Moray Firth, known for its dolphin population.
PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
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• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
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Property reference AGG-61152287. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House Scotland - Scotland.
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Broadband availability and predicted speed: obtained from Ofcom on October 17, 2023
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Mobile phone signal availability and predicted strength: obtained from Ofcom on October 17, 2023
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on November 30, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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