27 Murray Road, Smithton, Inverness
MU

27 Murray Road, Smithton, Inverness

By Munro & Noble

£ 98,000

Reviews

2 out of 5 stars

Munro & Noble says ..

A three-bedroom, mid-terrace house requiring a degree of modernisation located in the established Smithton area of Inverness.

Property Oracle says ..

This three-bedroom mid-terrace house at 27 Murray Road, Smithton, Inverness, presents a mixed bag for potential buyers. Located in the Smithton area, it offers a convenient position, relatively close to Inverness city centre. However, further information on nearby schools and local shops would enhance its appeal.

The property’s condition is a key factor to consider. While the structure seems sound, the interior requires significant modernisation. The dated décor and some visible wear and tear (in one bedroom) point to a need for refurbishment, impacting the overall value. The photos reveal carpets that could use replacing and wall surfaces that need attention. The kitchen and bathroom, whilst functional, are noticeably dated.

The inclusion of a small garden is a positive, providing some outdoor space, but its size is limited.

In terms of pricing, the £98,000 listing price appears reasonable considering the need for modernisation and the location. Compared to nearby streets, some properties are more expensive, but the data provided lacks crucial square footage comparisons, leading to a less precise valuation. The absence of square footage for the subject property itself further complicates a definitive price analysis.

Overall, this property presents an opportunity for a buyer looking for a project. Those with DIY skills or a budget for renovations could find this property appealing, provided they are comfortable with the necessary upgrades. However, those seeking a move-in ready home should look at other options.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
700.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
235,500.00 £
Increased by 0.60 %
from 234,106.00 £
Est sale value
223,300.00 £
Increased by 38.70 %
from 161,000.00 £
Average area rental value
788.00 £/mo
Increased by 4.79 %
from 752.00 £/mo
Est letting value
700.00 £/mo
from 0.00 £/mo
Est rental Yield
4.02 %
Increased by 4.42 %
from 3.85 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Munro & Noble created the listing.

Images

LOUNGE-DINER-2.jpg LOUNGE-DINER (2)-2.jpg LOUNGE-DINER (3)-2.jpg KITCHEN (3)-2.jpg FRONT-2.jpg KITCHEN-2.jpg KITCHEN (2)-2.jpg BEDROOM THREE (2)-2.jpg BEDROOM THREE-2.jpg BEDROOM TWO-2.jpg BEDROOM TWO (2)-2.jpg BEDROOM ONE (2).jpg BATHROOM.JPG FRONT GARDEN-2.jpg GARDEN-2.jpg VIEW-2.jpg BEDROOM ONE-2.jpg REAR-2.jpg VIEW (2)-2.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Tower Hill Avenue £ 275,00000.00 KM
Burn Brae Avenue £ 000.00 KM
Woodside Village £ 99,00000.00 KM
Burn Brae £ 265,00000.00 KM
Leanach Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Inverness8649INV8.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kenneth Place, Smithton, IV2 £ 130,000BUY6 / 100.08 KM
40 Myrtletown Park, Westhill, Inverness, IV2 5JE £ 270,000BUY7 / 100.31 KM
6 Smithton Park, Inverness, IV2 7PB £ 165,000BUY7 / 100.36 KM
16 Woodlands Brae, Inverness £ 136,000BUY6 / 100.36 KM
175 Murray Terrace, Smithton £ 105,000BUY6 / 100.40 KM