20 Law Lane, Lerwick, Shetland, ZE1 0EA
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20 Law Lane, Lerwick, Shetland, ZE1 0EA

By eXp UK

£ 330,000

Reviews

3 out of 5 stars

eXp UK says ..

Reference - KA0673 Welcome to 16 Law Lane, a spacious five-bedroom maisonette ideally located in the centre of Lerwick. This generously sized property enjoys a convenient setting within walking distance of local schools, including Anderson High School and Bells Brae Primary School. It's...

Property Oracle says ..

This property is a 5 bedroom, 2 bathroom maisonette located in Lerwick, Shetland Islands. The property is listed at £330,000 and has 1,716 sqft of living space and a plot size of 1,907 sqft. The average price for properties in the area is £478,047 with an average size of 2,097 sqft, resulting in an average price per sqft of £227.

The exterior of the property appears to be well-maintained, constructed of stone, and in good condition. The property benefits from a small, walled rear courtyard. While the courtyard is small, it does offer some outdoor space.

The interior photos show a property that is in good condition and well-presented. The rooms are spacious and appear well-maintained. The kitchen appears recently updated with modern appliances. The bathrooms also appear to be in good condition. The property appears to be a traditional style property with some modern updates.

Based on the information provided, the list price of £330,000 seems reasonable considering the size, number of bedrooms and bathrooms, and the overall condition of the property. However, it is significantly below the average price for the area. This could be due to several factors, including the property type (maisonette rather than detached), the size of the plot, or the specific location within Lerwick. More information on comparable properties would be needed to give a more definitive assessment of the price.

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
8
Location
0
Land
4
Bedrooms
5
Bathrooms
2
Sqft (est)
1,716.00
Lot (est)
1,907.00

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
801,372.00 £
Increased by 121.33 %
from 362,076.00 £
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

  • eXp UK created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Law Lane £ 000.00 KM
Pirate Lane £ 000.00 KM
Navy Lane £ 000.00 KM
Clairmont Place £ 000.00 KM
Hangcliff Lane £ 295,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Law Lane,Lerwick,Shetland,ZE1 0EA £ 345,000BUY7 / 100.00 KM
20 Law Lane, Lerwick, Shetland, ZE1 0EA £ 330,000BUY6 / 100.00 KM
8 Hangcliff Lane, Lerwick, Shetland, ZE1 0EB £ 155,000BUY5 / 100.05 KM
Hangcliff Lane,Lerwick,Shetland,ZE1 0EB £ 130,000BUY6 / 100.05 KM
6 Rechabite Place, Lerwick, Shetland, ZE1 0GN £ 145,000BUY6 / 100.07 KM