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42 Miers Avenue, Inverness

Scotland

£165,000

Listed on 26/05/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
582 sqft

Description

This semi-detached bungalow presents a noteworthy opportunity for investors and first-time buyers alike, boasting spacious room layouts and located in the desirable residential area of Drakies, Inverness. While the property requires comprehensive modernization, its inherent value is evident. The layout includes an entrance hall leading to a bright lounge featuring an open fireplace, two double bedrooms, a kitchen with ample space for appliances, and a shower room. With electric heating and double glazing in place, there’s a solid foundation to build upon. Outdoor areas feature a private driveway for multiple vehicles, a small front garden with mature shrubs, and an enclosed rear garden complete with greenery that could flourish further with some attention. This property is sold as seen and should not be overlooked by those looking to invest in renovations or create a comfortable family home.

Investment Analysis

(IV2 area)

Above Market Value

This property is priced +14.8% above area average per sq ft

+14.8%
This Property
£284/sq ft
Area Average
£247/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£158,033
10% above area average per sq ft
Potential ROI
-16.8%
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
50%
Properties sold annually

Local Market Trend (IV2)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +9.1%
5 year growth: +15.8%
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

42 Miers Avenue, Inverness
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£589
Based on a loan of £123,750 over 30 years at 3.97% 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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