7 Colonial Place, Scatness, Shetland Islands, ZE3 9JT
HA

7 Colonial Place, Scatness, Shetland Islands, ZE3 9JT

By Harper Macleod

£ 130,000

Reviews

3 out of 5 stars

Harper Macleod says ..

7 Colonial Place is a single storey, three bedroom, detached home conveniently situated within close proximity to the airport and approximately three miles away from the local shop and primary school. Lerwick is approximately 23 miles.

Property Oracle says ..

This 3-bedroom detached property in Scatness, Shetland Islands, is listed at £130,000. The property’s size is 780 sqft, and it sits on a plot of 0 sqft. The average house price in the area is significantly higher at £478,047, with an average sqft of 2,097 and an average price per sqft of £227. The property appears to be in good condition based on the provided images. The interior shows a clean and well-maintained space with updated flooring and kitchen cabinets. There is no visible evidence of significant repairs or renovations needed. The exterior is a red wooden structure that appears to be in good condition. The property includes a small garden area, which is a positive feature. While the plot size is listed as 0 sqft, the images show a grassy area enclosed by a fence, suggesting some outdoor space. Considering the significantly lower list price compared to the area average, and the good condition of the property and inclusion of a small garden, the property appears to be reasonably priced. However, the lack of information regarding nearby amenities such as schools and transportation, and the absence of comparable properties in the immediate vicinity, makes a definitive statement on price difficult. The small size of the property compared to the area average should also be considered.

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
5
Bedrooms
3
Bathrooms
0
Sqft (est)
780.00

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
364,260.00 £
Increased by 121.33 %
from 164,580.00 £
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

  • Harper Macleod created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Colonial Place £ 000.00 KM
Sanblister Place £ 000.00 KM
Toab Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gamlabrun, Scatness, Virkie, ZE3 9JW £ 260,000BUY7 / 100.19 KM
The Knowe, Toab, Virkie, Shetland, ZE3 9JL £ 235,000BUY8 / 101.55 KM