Unit 2 Craft Village, Balnakeil Durness, Lairg, IV27 4PT
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Unit 2 Craft Village, Balnakeil Durness, Lairg, IV27 4PT

By McEwan Fraser Legal

£ 185,000

Reviews

3 out of 5 stars

McEwan Fraser Legal says ..

Fantastic commercial to residential development opportunity within the Balnakeil Craft Village

Property Oracle says ..

This property is a PLOT located in Balnakeil Craft Village, a coastal location in Sutherland, Scotland. The asking price is £185,000. The average house price in the area is £154,675, with an average price per square foot of £197. This property has a plot size of 1639.24 sqft. The property appears to be a commercial unit, possibly a cafe or restaurant, based on the images provided. The interior is modern and well-maintained, with a clean and functional design. The exterior shows a building in good condition, situated in a picturesque coastal setting with ample surrounding land. While specific details about schools and transportation are unavailable, the location’s coastal setting and proximity to the Balnakeil Craft Village suggest a potentially desirable location for those seeking a peaceful and scenic environment. However, the lack of readily available information on local amenities needs to be considered. The plot size is significant, offering considerable space. Considering the modern condition of the property, its scenic location, and the substantial plot size, the asking price of £185,000 appears reasonable, especially when compared to the average house price in the area. However, the lack of information on comparable commercial properties makes a definitive price assessment challenging. Further investigation into local commercial property values and rental yields would be beneficial.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
7
Land
8
Bedrooms
0
Bathrooms
0
Sqft (est)
1,639.24

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
100,833.00 £
Decreased by 30.42 %
from 144,919.00 £
Est sale value
208,183.48 £
Decreased by 52.96 %
from 442,594.80 £
Average area rental value
877.00 £/mo
Increased by 4.40 %
from 840.00 £/mo
Est letting value
1,639.24 £/mo
Unchanged by 0.00 %
from 1,639.24 £/mo
Est rental Yield
10.44 %
Increased by 50.00 %
from 6.96 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • McEwan Fraser Legal created the listing.

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Bard Terrace £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Unit 2 Craft Village, Balnakeil Durness, Lairg, IV27 4PT £ 185,000BUY7 / 100.00 KM
16A Balnakeil Craft Village, Durness, Lairg, IV27 4PT £ 185,000BUY7 / 100.03 KM
20, Balnakeil, Craft Village, Durness, Lairg £ 150,000BUY5 / 100.03 KM
6 Balnakeil Craft Village, Durness, IV27 4PT £ 45,000BUY2 / 100.04 KM
4 Bard Terrace, Durness £ 85,000BUYUnknown1.71 KM