Woodlands Plot at Hilton Avenue, INVERNESS, IV2 4HG
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Woodlands Plot at Hilton Avenue, INVERNESS, IV2 4HG

By Macleod & MacCallum

£ 99,000

Reviews

3 out of 5 stars

Macleod & MacCallum says ..

This plot enjoys an enviable position within the grounds of the former Hilton House and is conveniently close to local amenities and within easy walking distance of Inverness City Centre. Purchase of the plot provides a unique opportunity for one to construct a home to their own specification, g...

Property Oracle says ..

This listing presents a development opportunity in Inverness, Scotland. The plot, situated on Hilton Avenue, boasts a generous size of 23,443.80 sqft and is described as being close to local amenities and Inverness city centre. This suggests convenient access to shops, transport, and potentially employment opportunities. However, key details such as the presence or absence of utilities connections and planning permissions are not included. The provided photographs depict a mostly undeveloped plot of land that requires preparation and groundwork before any building commences. There is no existing structure on the land. The lack of nearby comparable land sale data prevents a precise market value assessment. The list price of £99,000 needs to be compared against the cost of preparing the land for development, plus the cost of the new construction before an accurate determination of value can be made. Considering the information provided, the property presents a potential development project, but prospective buyers must thoroughly investigate planning regulations, utility accessibility, and conduct a comprehensive cost-benefit analysis before committing. Further due diligence will be required to validate the cost and potential return on investment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
0
Bathrooms
0
Sqft (est)
1,076.39
Lot (est)
23,443.80

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
100,833.00 £
Decreased by 30.42 %
from 144,919.00 £
Est sale value
136,701.53 £
Decreased by 52.96 %
from 290,625.30 £
Average area rental value
877.00 £/mo
Increased by 4.40 %
from 840.00 £/mo
Est letting value
1,076.39 £/mo
Unchanged by 0.00 %
from 1,076.39 £/mo
Est rental Yield
10.44 %
Increased by 50.00 %
from 6.96 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Macleod & MacCallum created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Temple Crescent £ 170,00000.00 KM
Culduthel Road £ 230,00000.00 KM
Muirfield Lane £ 000.00 KM
Uist Road £ 300,00000.00 KM
Drynie Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Inverness8649INV1.76 KM

Nearby Listings

AddressPriceTypeScoreDistance
Temple Crescent, Inverness, IV2 £ 170,000BUY6 / 100.16 KM
Old Edinburgh Court, Inverness, IV2 4FD £ 122,000BUY5 / 100.23 KM
Old Edinburgh Court, Inverness, IV2 4FD £ 127,000BUY5 / 100.23 KM
5 Old Edinburgh Court, Inverness, IV2 4FD £ 125,000BUY6 / 100.23 KM
Drynie Terrace, Inverness, IV2 4UP £ 100,000BUY7 / 100.26 KM