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Stephens Brae, Inverness, IV2 3JN

Scotland

£95,000
Listed on 04/02/2026

Property Details

Bedrooms
1
Type
Flat
Area
452 sqft

Description

This ground floor flat presents a unique opportunity for those looking to tailor a living space or investment property in a highly sought-after area of Inverness, just a short distance from the city centre. Featuring generous ceiling heights and a traditional layout, it offers significant potential for renovation. Full planning permission has already been granted for a change of use, paving the way to convert this flat into a commercial property if desired. The spacious sitting room boasts tall ceilings and natural light pouring in from the front-facing window. Its expansive proportions allow for creative reimagining, perfect for modernising and enhancing functionality. An alcove with shelving adds charm and storage options. The kitchen serves as a blank canvas, ready for an overhaul to create a contemporary heart of the home. With access to the rear, it’s ideal for redesigning into a bright and engaging cooking space tailored to modern living. The bedroom is well-sized, featuring simple wall surfaces that facilitate easy styling. Its layout lends itself well to becoming either a restful retreat or an efficient rental space with built-in storage solutions. The current shower room contains basic fittings but holds promise for transformation into a sleek, modern facility that aligns with contemporary design trends. Overall, this property will appeal to buyers who appreciate its prime location and the scope for enhancement. Whether you envision creating your own urban sanctuary or developing it as an investment opportunity in the rental market, this flat is ripe with possibilities. Such properties in central Inverness with this level of potential are rare finds.

Investment Analysis

(IV2 area)

Below Market Value

This property is priced -14.3% below area average per sq ft

-14.3%
Potential saving
This Property
£210/sq ft
Area Average
£245/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£121,963
10% above area average per sq ft
Potential ROI
-2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
86
Average per month
Market Turnover
139%
Properties sold annually

Local Market Trend (IV2)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 10.4%
5 year growth: 17.5%
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

Stephens Brae, Inverness, IV2 3JN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£343
Based on a loan of £71,250 over 30 years at 4.06% 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