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Old Distillery, Dingwall

Scotland

£98,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
Flat
Area
589 sqft

Description

This two-bedroom flat is located in the historic Old Distillery, perched in a serene area on the outskirts of Dingwall with expansive views over the Inner Cromarty Firth. Its proximity to the town centre provides convenient access to local shops, cafes, and transport links heading to Inverness and beyond. The property is ripe for modernisation, representing a promising investment opportunity for first-time buyers or those interested in rental properties, bolstered by ample on-site parking. The Old Distillery conversion dates back to the mid-1990s and now comprises 24 flats. With spacious rooms including a good-sized lounge that extends into the kitchen/dining area, this flat offers a versatile layout awaiting transformation. Situated along the popular NC500 route, it also allows for easy exploration of Scotland's highlands and ensures a straightforward commute into Inverness.

Investment Analysis

(IV15 area)

Below Market Value

This property is priced -2.0% below area average per sq ft

-2.0%
Potential saving
This Property
£166/sq ft
Area Average
£170/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£110,013
10% above area average per sq ft
Potential ROI
-14.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (IV15)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -6.3%
5 year growth: +17.6%
Investment Disclaimer: Analysis based on IV15 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

Old Distillery, Dingwall
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£370
Based on a loan of £73,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

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