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21 Balloan Road, Inverness

Scotland

£143,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
893 sqft

Description

This mid-terraced house features three bedrooms and presents a substantial opportunity for renovation and investment in the well-established Hilton district of Inverness. The property is conveniently located within walking distance to the city center, making it ideal for those seeking access to various amenities while residing in a quieter neighborhood. Spanning two floors, the layout includes an entrance hall that leads into a spacious lounge/dining area filled with natural light. This versatile space is complemented by an electric fire set within an attractive stone surround, creating a cozy atmosphere for relaxation. The kitchen, accessed from the lounge, comes equipped with essential wall and base units, worktops, and plumbing for a washing machine, providing a solid foundation for modern updates. The first floor accommodates two double bedrooms and one single bedroom, all featuring fitted storage solutions that enhance functionality. A wet room serves this level, featuring a walk-in shower, wash hand basin, and WC. While the interiors currently require modernization, they offer significant potential for enhancement to meet contemporary standards or personal preferences. Externally, the property boasts low-maintenance gardens both at the front and rear. The rear garden includes a patio area suitable for outdoor dining and includes a timber garden shed—an added bonus. Parking is readily available in the communal car park adjacent to the property. Situated in Hilton, residents have access to local conveniences such as shops, a community center, and primary schooling options. Additional services are found at nearby Balloan Road shopping village which features various outlets including convenience stores and dining options. The effective bus service connecting to Inverness city center further boosts its appeal. In summary, this property offers ample renovation potential in a desirable location—making it an attractive prospect for first-time buyers or investors looking to capitalize on the area's developments. Viewing is encouraged to fully grasp its possibilities.

Investment Analysis

(IV2 area)

Below Market Value

This property is priced -34.4% below area average per sq ft

-34.4%
Potential saving
This Property
£160/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£239,681
10% above area average per sq ft
Potential ROI
+38.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
90
Average per month
Market Turnover
125%
Properties sold annually

Local Market Trend (IV2)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 10.6%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on IV2 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

21 Balloan Road, Inverness
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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
£524
Based on a loan of £107,250 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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