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Milnafua House, Old Milnafua Road, Alness IV17

Scotland

£215,000
Listed on 20/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1119 sqft

Description

This three-bedroom detached house presents a solid opportunity for renovation and investment, situated on a substantial plot in Alness. The property features expansive gardens that wrap around the home, providing both privacy and potential for future development or extension, subject to necessary approvals. Upon entering, you are greeted by a spacious hallway that leads into a comfortable lounge area. This room flows seamlessly into the kitchen, which is generously sized and equipped with an array of wall and base units alongside ample countertop space. With both integrated and freestanding appliances included, the kitchen also offers direct access to the outdoor garden areas—ideal for those who enjoy outdoor living and entertaining. The ground floor further benefits from a useful utility room, a well-sized third bedroom, and a modern shower room. The first floor comprises two additional bedrooms, each equipped with built-in storage solutions. A conveniently located WC completes this level. The property's exterior stands out with its fully enclosed grounds predominantly laid to lawn—a perfect backdrop for family activities or gardening enthusiasts. The size of this plot not only provides ample outdoor space but also suggests significant potential for expansion projects that could enhance the property’s value over time. Additionally, the presence of both an attached single garage and a detached double garage expands options for storage or workshop spaces, with possibilities for conversion into additional living accommodation if desired. While some modernization efforts may be required, this home allows you to customize it according to your vision while enjoying the unique charm of its setting. Alness itself is known for its vibrant community atmosphere and scenic surroundings near Cromarty Firth. It offers a balanced lifestyle with local amenities including shops, cafes, restaurants, and recreational facilities nearby. Families will appreciate the high-quality schooling options available in the area. For those who enjoy outdoor pursuits, attractions like Fyrish Monument provide opportunities for hiking and nature exploration. Alness is conveniently located just 20 miles from Inverness, enhancing accessibility to wider amenities and employment prospects. This property combines generous space with promising renovation potential in an appealing location—making it an attractive option for those looking to invest in their future home or rental property.

Investment Analysis

(IV17 area)

Above Market Value

This property is priced +16.9% above area average per sq ft

+16.9%
This Property
£192/sq ft
Area Average
£164/sq ft

Renovation Potential

Est. Renovation Cost
£21,500 - £53,750
10-25% of property value
Target Value
£202,237
10% above area average per sq ft
Potential ROI
-24.7%
After renovation
Monthly Sales
6
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (IV17)

Area prices are rising by +13.9% over the last 12 months
3 year growth: 32.2%
5 year growth: 20.0%
Investment Disclaimer: Analysis based on IV17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Milnafua House, Old Milnafua Road, Alness IV17
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