Murray Terrace, Smithton, Inverness, Highland, IV2
YO

Murray Terrace, Smithton, Inverness, Highland, IV2

By Your Move

£ 96,000

Reviews

2 out of 5 stars

Your Move says ..

Fantastic opportunity to purchase a spacious first floor flat in the popular Murray Terrace development of Inverness. The property will appeal to first-time buyers, those looking to downsize and buy-to-let investors, so early viewing is highly recommended! Council Tax - B EPC - C<...

Property Oracle says ..

This one-bedroom flat in Smithton, Inverness, presents a mixed bag of opportunities and challenges for potential buyers. The property is situated in a residential area offering relative ease of access to Inverness City Centre. However, the provided data doesn’t fully clarify the availability of local amenities like schools and shops. The property’s interior, as shown in the pictures, demonstrates a need for modernisation. The decor is dated, and an upgrade to the kitchen and bathroom would enhance its marketability. The absence of significant land associated with the property is a key consideration. The price point of £96,000 falls within the range of nearby listed flats, suggesting that it could be reasonable, but a more thorough analysis of the property’s square footage and a comparison to properties with similar features would yield a more precise valuation. The property’s overall state suggests it may be best suited for first-time buyers or investors seeking a renovation project with potential for future growth. Buyers should conduct thorough inspections to ascertain any hidden structural issues or additional maintenance requirements.

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
2
Bedrooms
1
Bathrooms
1
Sqft (est)
1,767.43

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
563,810.17 £
Increased by 38.70 %
from 406,508.90 £
Average area rental value
788.00 £/mo
Increased by 4.79 %
from 752.00 £/mo
Est letting value
1,767.43 £/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

  • Your Move created the listing.

Images

The Property Kitchen Kitchen Bedroom Bathroom Landing Landing Living Room Living Room Staircase Living Room Living Room Living Room Bedroom The Property Hallway Bathroom Bedroom Kitchen Living Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Woodside Village £ 99,00000.00 KM
Barnview £ 280,00000.00 KM
Loch Lann Court £ 170,00000.00 KM
Westfield Way £ 000.00 KM
Burn Brae Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Inverness8649INV8.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
Murray Terrace, Smithton, Inverness, Highland, IV2 £ 96,000BUY6 / 100.02 KM
38 Murray Terrace, Smithton, Inverness. IV2 7WX £ 95,000BUY5 / 100.04 KM
23 Murray Terrace, Smithton, Inverness, Highland. IV2 7WX £ 100,000BUY6 / 100.07 KM
Murray Terrace, Inverness, IV2 7WX £ 70,000BUY4 / 100.16 KM
146 Murray Terrace, Smithton, Inverness £ 105,000BUY5 / 100.19 KM