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7 Souter Drive, Inverness, IV2 4XG

Scotland

£275,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
883 sqft

Description

This detached bungalow, featuring three bedrooms, is situated in the desirable Holm area of Inverness. The property offers substantial off-street parking, a separate garage, and gardens both at the front and rear, making it an attractive option for families or investors looking to create their ideal home. Notably, this property has previously received planning permission for a loft conversion and a single-storey extension, enhancing its renovation potential. The location is highly convenient, with local amenities including quality schools and a Tesco Superstore nearby, along with easy access to the wider Inverness area. Inside, the welcoming hallway leads to a bright lounge that enjoys plenty of natural light and features wood paneling for character. The modern kitchen/diner is well-equipped with integrated appliances and space for family gatherings. All three bedrooms benefit from natural light, while the family shower room connects to the loft space for potential future development. With ample storage options throughout and generous outdoor spaces, this bungalow presents a unique opportunity for those looking to invest in a property that can be further developed to suit individual needs.

Investment Analysis

(IV2 area)

Above Market Value

This property is priced +26.7% above area average per sq ft

+26.7%
This Property
£311/sq ft
Area Average
£246/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£238,843
10% above area average per sq ft
Potential ROI
-24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (IV2)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +9.5%
5 year growth: +15.3%
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

7 Souter Drive, Inverness, IV2 4XG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£974
Based on a loan of £206,250 over 30 years at 3.91% 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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