7 bedroom house of multiple occupation for saleOrinsay, Resaurie, Inverness, IV2
Sold STC £415,000
Orinsay is an excellent example of an attractive HMO property attracting both short and long term clients who work or study in the surrounding area. A deceptively large property with spacious corridors and rooms this property enjoys a quality of fixtures and fittings seldom seen in a house of multiple occupancy. Presently the property is trading 5 bedrooms under the HMO licence, but the potential is here to expand the number of rooms on offer. Equally if the house was to trade as a bed and breakfast, increasing the number of en-suite facilities, this would again significantly increase income, however the breakfast provision would add an additional layer of work not present at this time. This would of course be subject to consents.
Plans have been drawn to give an indication of how the house could be configured internally to increase the number of letting bedrooms to 10 en-suite rooms and these can be found at the end of the schedule.
The property is a modern bungalow with 7 bedrooms, 4 of which are en-suite and one is a bedsit with small kitchen area. There are kitchen and dining facilities within the property utilised by guests who can prepare their own meals, and a comfy guest lounge with dining table and chairs as well as sofa and television.
The business generated at Orinsay could be readily expanded with a more proactive marketing strategy, possibly using portal websites. Inverness is a highly popular area with golfers, anglers, ornithologists and those active in genealogical research, not to mention business clientele and of course tourism - the prime business driver. Business comes mainly from word of mouth; there is no website for the property and they only use www.spareroom.co.uk, not utilising any of the major booking agencies, elements which new owners would certainly want to develop.
There is no doubt that should a larger family home be sought with the inclusion of a granny flat, by utilising the bedsit, this property would most certainly be suitable.
REASON FOR SELLING
The sale of Orinsay offers a great self-employment opportunity on the outskirts of Inverness offering a desirable "home and income" lifestyle opportunity. The present owners are selling the property in order to concentrate on other business interests.
Orinsay is situated in Resaurie which is about 5 mins drive from Inverness City Centre and is served by a good public transport system. Locally there are a number of shops, restaurants etc within walking distance. The City itself, as the capital of the Highlands, has extensive facilities for visitors boasting two golf courses, an excellent indoor swimming complex, cinema, bowling and ample opportunity to enjoy evening entertainment at a range of venues which include Eden Court Theatre. Nearby Cawdor Castle and Culloden Battlefield offers a taste of Scotland's historic past. Whether it be a Whisky Trail, a boat trip on Loch Ness or a visit to one of the many accessible Scottish castles (including Inverness Castle). The City of Inverness enjoys expansion providing impressive year on year growth in both commerce and opportunity. Expansion of this nature benefits established hospitality businesses and prompts trade outwith the main tourist season. The establishing of the new university and campus on the outskirts of Inverness also provides excellent long term prospects for the city.
LETTING ROOMS AND PUBLIC AREAS
Private entrance door to front of the property, leads into a hallway from which all the guest facilities can be accessed without disturbing the owners area of the property.
Room 1 - Double Bedroom with en-suite shower room
Room 2 - Double Bedroom with en-suite shower room
Room 3 - Double Bedroom with shared facilities
Room 4 - Double Bedroom with shared facilities
Room 5 - Bathroom shared by rooms 3 and 4, this comprises both a bath and shower
Room 6 - Double-bedsit with en-suite facilities and kitchenette area
Room 7 - Unused double bedroom
Room 8 - Guest lounge with sofa and dining table plus chairs with TV etc
Room 9 - Guest kitchen, fully fitted with units, hob, oven, washing machine, fridge and breakfast bar
Private access into an extremely large hallway with a locked door access to the guest accommodation.
Room 1 - Sun Room with access to the garden via patio doors
Room 2 - Large lounge area with open fireplace
Room 3 - Spacious and modern fully fitted kitchen
Room 4 - Dining Room accessed from kitchen
Room 5 - Double bedroom with ensuite and access to garden via patio doors
Room 6 - Dressing Room with fitted wardrobes and hanging area
Room 7 - En-suite shower room with entry from dressing room and door to hallway
Of traditional stone construction this modern bungalow is fully double glazed and in good order.
There is a large grass lawn to the rear of the property, the drive is laid to lock block paving and gravel and there is ample parking for a minimum of 6 cars.
The property benefits from mains electricity, LPG gas for cooking, water and drainage. With oil fired central heating. The property is fully fire compliant. The building is double glazed throughout.
The current Council Tax band on this property is band G. Purchasers should be aware that this may be subject to change upon the sale of the property. New owners who wish to continue trading the business would be advised to look into the small business bonus scheme which offers some rates relief to small businesses in the Highlands.
The business trades profitably and trading information will be made available to interested parties subsequent to viewing.
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- Inverness (2.5 mi)
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