Summary - 7D RICHMOND TERRACE, HARROWDEN ROAD, INVERNESS IV3 5QN
2 bed 1 bath Flat
Affordable refurb project with rental upside near Inverness centre.
Second‑floor two‑bed flat in Victorian terrace, high ceilings and sash windows
Requires comprehensive renovation throughout; reflected in guide price
Post‑works rental potential approximately £7,120 pa (LHA)
Freehold tenure; sold by livestream auction with buyer’s premium
Compact size circa 489 sq ft; suited to investors or first‑time buyers
EPC D and Council Tax Band A; no flooding risk recorded
Communal rear garden; gas central heating and double glazing present
Area classified as very deprived locally, which may affect resale/letting
This two‑bedroom second‑floor flat sits in a Victorian terrace on Richmond Terrace, about 1.5 miles from Inverness city centre. The building retains period character with high ceilings and sash windows; the flat includes gas central heating, double glazing and access to a communal rear garden. Fast broadband and excellent mobile signal support rental or home working.
The property requires a comprehensive programme of works throughout, which is reflected in the guide price and creates scope to add value. Post‑works rental potential is estimated at £7,120 per annum (LHA). EPC rating D and Council Tax Band A are noted; the property is freehold and will be sold at livestream auction, so buyers should allow for the buyer’s premium (3.6% of purchase price, minimum £3,600).
This is a compact property (approximately 489 sq ft) suited to investors seeking a refurb project or a buyer looking for an affordable first step. The area is classified as very deprived locally, which may affect long‑term resale values and tenant demand dynamics, although Inverness’s wider tourism and renewable energy activity supports local demand.
Interested parties must register to bid before 6pm on Wednesday 26th November and can view at the scheduled open viewings. No tests have been carried out on services or fittings; purchasers should budget for full renovation and professional surveys before bidding.
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