An estate agent is predicting that people will flock to Inverness after launching a new luxury housing development in the city.
The Drummond Hill site will consist of 37 homes within the grounds of a B-listed manor house.
It is being built on Stratherrick Road in the Lochardil area of the city.
Estate agent Savills are marketing the development – their first residential site in Inverness.
Tulloch Homes is building the properties.
How much will the luxury houses cost?
The first homes available to buy are six two-bedroom apartments and six mews houses.
The apartments have private balconies and private gardens on the ground floor. Their prices begin at £300,000.
The houses all have a garage and private gardens. Their prices begin at £415,000.
The development is named after the manor house that sits off Stratherrick Road itself.
19th century architect Alexander Ross designed Drummond Hill.
It was built for Inverness solicitor William Burns and his wife, Jane Fraser.
Carole Mackie, Savills’ head of residential development sales in Scotland, said: “It is very exciting to be working with Tulloch on this fantastic landmark project.
“It will appeal to a wonderfully diverse range of buyers at different ages and stages in their lives.
“We anticipate buyer interest to come from within Inverness and much further afield.”
Inverness remains a city in demand
The population of Inverness is continuing to grow.
In addition, a recent study ranked the Highland capital first out of 11 cities within the UK.
According to the Demos-PwC index, Inverness scored highly for jobs, income, transport and environment.
Ms Mackie added: “It is no surprise that people are currently locating to Inverness from all over Scotland and beyond in search of a more balanced lifestyle.
“It has many characteristics of the ‘20-minute neighbourhood’ currently being promoted by policy makers across Europe.”
A further five phases will follow the initial two at Drummond Hill.
There will also be:
- Six apartments within the restored B-listed mansion house
- Three cottages within mature woodlands with a lot of green space
- Nine grand family homes
- A gatehouse set within private gardens
Jo McLaren from Tulloch Homes said: “Drummond Hill has a remarkably serene setting, with ancient trees as its closest neighbours.”
Will the housing market rebound after a difficult October?
It has been a bumper year for the housing market in the Highlands.
However, a perfect storm of issues has somewhat punctured the bubble.
The cost of living crisis and soaring energy bills were already slowing things down.
The UK government’s mini-budget and further hikes in interest rates then nearly brought everything to a standstill.
Those factors don’t hit as sharply at the top end of the market.
It will be interesting to see how quickly things recover.
Or if we’re facing the prospect of a widescale price reset?
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