61B Commercial Road, Lerwick, Shetland, ZE1 0NL
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61B Commercial Road, Lerwick, Shetland, ZE1 0NL

By Arthur Simpson

£ 127,000

Reviews

2 out of 5 stars

Arthur Simpson says ..

A fantastic opportunity to acquire a two-bedroom first floor flat in the heart of Lerwick, within walking distance of local shops, restaurants, the harbour, and essential amenities. This property is located in a highly convenient central location, making it ideal for first-time buyers, professional

Property Oracle says ..

This is a 2-bedroom flat located on Commercial Road in Lerwick, Shetland. The property appears to be in need of renovation. The list price is £127,000, which is slightly below the average price per square foot for the area.

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
4
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
572.83

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
658,391.00 £
Increased by 36.79 %
from 481,316.00 £
Est sale value
267,511.61 £
Increased by 121.33 %
from 120,867.13 £
Average area rental value
1,075.00 £/mo
Decreased by 25.86 %
from 1,450.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.96 %
Decreased by 45.86 %
from 3.62 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Arthur Simpson created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Commercial Road £ 000.00 KM
King Haakon Street £ 165,00000.00 KM
St. Magnus Street £ 175,00000.00 KM
Burgh Road £ 000.00 KM
Gutters Gaet £ 165,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
61B Commercial Road, Lerwick, Shetland, ZE1 0NL £ 127,000BUY5 / 100.00 KM
St. Olaf Street,Lerwick,Shetland,ZE1 0ES £ 105,000BUY7 / 100.16 KM
91 King Harald Street, Lerwick, Shetland, ZE1 0ER £ 270,000BUYUnknown0.17 KM
79 King Harald Street, Lerwick, Shetland, ZE1 0ER £ 355,000BUY7 / 100.17 KM
St. Magnus Street,Lerwick,Shetland,ZE1 0JT £ 120,000BUY6 / 100.19 KM