The £92,000 list price is relatively low compared to other properties in Lerwick, even considering its undeveloped state. The lack of key property details, like square footage and the specifics of planning permission costs, makes it difficult to definitively assess the price’s fairness; however, the price is likely reflective of the ‘Land’ nature of the property and potential building costs.

The provided images reveal a site needing significant development. The land is overgrown and undeveloped, indicating a considerable amount of work is needed before construction can begin. This significantly impacts the condition score.

The property benefits from a central Lerwick location, close to Commercial Street’s amenities. While specific proximity to schools and transport isn’t detailed, Lerwick’s town center status suggests reasonable access. The score reflects this central position within a desirable Shetland Island town.

The plot’s size isn’t specified, making a precise assessment difficult. However, images suggest a relatively small plot size for a new build, suitable for a single-family home rather than a larger development. Planning permission for a four-bedroom house suggests a reasonable, but not extensive, plot.