Land At Moray Park Gardens, Inverness, IV2 7FY
PR

Land At Moray Park Gardens, Inverness, IV2 7FY

By Prime Property Auctions (Scotland) Ltd

£ 40,000

Reviews

3 out of 5 stars

Prime Property Auctions (Scotland) Ltd says ..

NEW Entry. Impressive 0.8 Acre Plot with Incredible Potential, nestled within a prime residential location in Inverness Sure to appeal to a variety of buyers. Plot would lend itself for a variety of uses, subject to gaining necessary research and permissions. Impressive size plot for the gu...

Property Oracle says ..

This listing presents an opportunity to acquire a sizeable 0.8-acre plot of land situated within a residential area of Inverness, near Culloden. The land itself appears largely undeveloped, with a mixture of grass and some overgrown areas. The images suggest a relatively quiet and peaceful location, bordered by established homes and a small playground. While the precise proximity to schools, shops, and transport links isn’t specified, the location’s position within a residential area suggests these amenities would likely be within a reasonable distance. The absence of property details like existing structures or utilities requires potential buyers to factor in potential development costs, including any necessary planning permissions. The listing price of £40,000 needs to be considered in light of land values in the local area. While potentially offering good value compared to developed properties, the cost of developing the land must be accounted for. Buyers should conduct thorough due diligence, including planning permission investigations and cost assessments before proceeding. Overall, this could be a worthwhile investment for those looking for a large plot of land in a residential area with the willingness to undertake a development project. However, the lack of information on services, planning constraints and site investigation findings must be investigated prior to purchase.

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

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 £
Average area rental value
788.00 £/mo
Increased by 4.79 %
from 752.00 £/mo
Est rental Yield
4.02 %
Increased by 4.42 %
from 3.85 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Prime Property Auctions (Scotland) Ltd created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Moray Park Place £ 000.00 KM
Cherry Park £ 180,00000.00 KM
Fern Place £ 195,00000.00 KM
Ferntower Avenue £ 000.00 KM
Culloden Stables £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Plot At Moray Park Gardens, Inverness, IV2 7FY £ 55,000BUY5 / 100.00 KM
Moray Park Terrace, Inverness, IV2 7RQ £ 430,000BUY7 / 100.13 KM
Moray Park Avenue, Culloden, IV2 7LS £ 230,000BUY7 / 100.23 KM
Moray Park Avenue, Inverness, IV2 7LS £ 210,000BUY7 / 100.23 KM
21 Moray Park Avenue, Culloden, Inverness £ 250,000BUY6 / 100.26 KM