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Inverness, Highland, IV3

Scotland

£250,000
Listed on 13/10/2025

Property Details

Bedrooms
1
Type
Detached house
Area
508 sqft

Description

This one-bedroom chalet, set on approximately 7.1 acres of croft land with breathtaking views of Loch Ness, presents a unique opportunity for renovation and investment. Located near the village of Lochend, Inverness, the property offers an elevated position with ample off-road parking and double glazing. Though renovation is necessary to bring the existing structure up to standard, the local architectural plans for additional holiday twin yurts enhance its potential for generating rental income. Currently, three static caravans are permitted on-site, with a proposal for three more in process—signifying promising prospects for future development. Mains water supply is already available on the croft; however, new owners will need to install their own electric supply and septic tank to fully utilize the property year-round. The chalet's kitchen/diner boasts natural light and scenic views from a lovely decking area, while the bedroom provides ample storage space. The unfinished bathroom space offers further scope for customization. Nestled in a tranquil area close to Inverness's amenities, including shops and public transport, this property would appeal to buyers looking for a rural retreat or business venture within a flourishing tourist destination.

Investment Analysis

(IV3 area)

Above Market Value

This property is priced +141.6% above area average per sq ft

+141.6%
This Property
£492/sq ft
Area Average
£204/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£113,828
10% above area average per sq ft
Potential ROI
-60.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
146%
Properties sold annually

Local Market Trend (IV3)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 9.4%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on IV3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Inverness, Highland, IV3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE