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21 Balloan Road, Inverness IV2 - Image 1
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21 Balloan Road, Inverness IV2

Scotland

£140,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
894 sqft

Description

This mid-terraced three-bedroom house presents a solid investment opportunity in the increasingly popular Hilton area of Inverness. With electric heating and double glazing, the property is not only functional but also has a layout that offers considerable potential for modernisation. The accommodation spans two levels, featuring a welcoming entrance hall with ample storage, a spacious double aspect lounge/dining room with an electric fireplace, and a kitchen complete with fitted units and plumbing for appliances. Upstairs, you'll find two well-proportioned double bedrooms and a single bedroom, all equipped with built-in storage solutions, along with a wet room needing updates to maximise its utility. The gardens at both the front and rear are designed for low maintenance, ideal for those looking for outdoor space without the extensive upkeep. Given its proximity to local amenities and public transport links to the city centre, this property is well-suited for first-time buyers or young families eager to add their personal touch. The potential for enhancing both value and livability through thoughtful renovations is significant here.

Investment Analysis

(IV2 area)

Below Market Value

This property is priced -36.4% below area average per sq ft

-36.4%
Potential saving
This Property
£157/sq ft
Area Average
£246/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£242,015
10% above area average per sq ft
Potential ROI
+46.7%
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
100%
Properties sold annually

Local Market Trend (IV2)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +10.4%
5 year growth: +16.0%
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

21 Balloan Road, Inverness IV2
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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
£505
Based on a loan of £105,000 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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