Potential development land, Berstane Loan St. Ola, Orkney, KW15 1TA
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Potential development land, Berstane Loan St. Ola, Orkney, KW15 1TA

By K Allan Properties Ltd

£ 475,000

Reviews

3 out of 5 stars

K Allan Properties Ltd says ..

Discover an unparalleled opportunity to own a truly exceptional plot of land on Berstane Loan. Nestled in one of the most desirable areas, this rare offering spans approximately 6.1 acres, boasting gorgeous, uninterrupted views of Kirkwall and the surrounding landscapes. Imagine waking up every m...

Property Oracle says ..

This listing presents an opportunity to acquire 6.1 acres of land near Kirkwall in Orkney. The land offers expansive views of Kirkwall and the surrounding areas. While the precise location’s proximity to amenities is not fully detailed (schools, transport, shops), the nearby presence of Kirkwall suggests access to essential services. The absence of buildings means there is no existing structure to assess for condition; it is purely undeveloped land. Given the substantial plot size, the price of £475,000 may represent a reasonable investment for development, but a definitive conclusion on value requires further data on comparable sales, planning permissions and development costs. The large area of land could be suitable for a range of developments, subject to planning permission. Potential buyers should undertake thorough due diligence, including site surveys and planning feasibility studies, before committing to a 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
1
Location
6
Land
10
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
693,316.00 £
Increased by 17.15 %
from 591,814.00 £
Average area rental value
1,500.00 £/mo
Decreased by 55.22 %
from 3,350.00 £/mo
Est rental Yield
2.60 %
Decreased by 61.71 %
from 6.79 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • K Allan Properties Ltd created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Berstane Loan £ 000.00 KM
Eastabist £ 000.00 KM
Inganess Road £ 000.00 KM
Faraclett £ 000.00 KM
Grimsetter Drive £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Potential development land, Berstane Loan St. Ola, Orkney, KW15 1TA £ 475,000BUY6 / 100.00 KM
Briedafiord, Inganess Place, Kirkwall £ 290,000BUY7 / 100.57 KM
Eastabist, Kirkwall £ 150,000BUY7 / 100.67 KM
Grimsetter Place,, Kirkwall £ 175,000BUY7 / 100.93 KM
Vasa, Orkney, Orkney Islands, KW15 £ 115,000BUY6 / 101.10 KM