Harcus Law Ltd says ..

Property Oracle says ..

This property located on Victoria Street, Stromness, Orkney presents a unique opportunity but requires significant attention. The three-bedroom terraced house is situated in the Stromness Conservation Area, adding to its location’s appeal. The listing highlights its potential for renovation, suggesting various possibilities such as creating a family home, a holiday rental, or converting it into two flats. However, the photographs depict extensive disrepair throughout the property. The internal images reveal damaged walls and floors, requiring considerable repairs and refurbishment. The kitchen and bathroom appear outdated and in need of complete modernisation. While the external stonework indicates a charming building, the interior necessitates extensive work. Importantly, no information regarding the plot size or garden space is available, limiting further analysis. The lack of available data on nearby schools and transport links restricts a complete picture of the property’s overall value. The listing price of £85,000 should be considered in relation to the considerable costs associated with the extensive renovations required. Buyers should undertake a thorough survey and factor in the overall renovation budget before committing.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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