Flat, High Street, Inverurie AB51
Scotland
£60,000
Listed on 12/10/2026
Listed on 12/10/2026
The listing
Property details
Bedrooms
1Type
FlatArea
355 sqftFeatures
- Garden
Description
This first-floor one-bedroom flat is set within a mixed residential and commercial building in central Inverurie, close to local shops and everyday amenities. The accommodation is approximately 32m2 and includes an entrance hall, living room, fitted kitchen, bedroom and shower room. An exclusive rear garden area with mature trees provides private outdoor space.
The flat is described as move-in ready and has recently been repainted. It has double-glazed UPVC windows, gas central heating, Hive controls and a boiler installed in January 2025. The kitchen and shower room are older in style, so a purchaser may choose to update them over time. The seller reports no known current issues, and the Home Report valuation is stated as £70,000.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £60,000, this flat is priced 15.7% below the local average per square foot, making the asking price a clear acquisition opportunity. It looks liveable and well kept, with a recently installed boiler, EPC C and the bonus of an exclusive rear garden with mature trees. The main value-add is a cosmetic refresh: the older kitchen and shower-room finishes could be updated, while the garden could be tidied to sharpen the presentation.
The overall score is still a weak 59/100: after the estimated £5,000–£12,000 of works, the midpoint purchase-and-renovation figure leaves only a modest margin against the implied current local average value. That comparison is not a renovated GDV, so the project’s appeal rests on buying cheaply and keeping the refresh controlled.
Key opportunities
- Acquire at £60,000, around 15.7% below the local average per square foot.
- Modernise the distinctive red and wood-effect kitchen and older shower-room finishes with a light cosmetic refresh.
- Make the most of the exclusive rear garden, with selective tidying around its lawn, gravel and mature trees.
Key risks
- The economics are tight: at the renovation midpoint, the purchase-and-works figure is only modestly below the implied current local average value.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£227
Based on a loan of £45,000 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Services
Next steps
Explore services to help you with this property purchase.
Get help with this property
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Similar properties
Other listings you may want to compare.
