Stenigar, Stromness, Orkney, Orkney Islands
HA

Stenigar, Stromness, Orkney, Orkney Islands

By Harcus Law Ltd

£ 650,000

Reviews

3 out of 5 stars

Harcus Law Ltd says ..

Historic, charming and characterful 'B' Listed property. Ideally situated in the south end on the outskirts of Stromness, boasting panoramic views. In addition to the main house, there is a studio apartment, two 2 bedroom self-contained apartments and a garage. Additional cottage may also available.

Property Oracle says ..

This substantial property in Stenigar, Stromness offers a unique blend of character, history, and potential. The stone-built structure presents a strong visual presence with expansive grounds and scenic views. The property consists of a main dwelling with multiple self-contained apartments and a garage, indicating versatile usage possibilities for large families, businesses, or holiday lets. The interior suggests a need for modernisation, though the rooms are spacious and well-lit. The extensive grounds are a significant feature and present both opportunities and a challenge. The lack of information on exact plot sizes for each apartment, however, complicates an exact evaluation. The £650,000 price tag is reflective of the market in the Orkney Islands for similar sized properties and also reflects the need for modernisation. Overall, the property presents a promising investment opportunity with potential for increased value, subject to renovations and a more precise understanding of the property’s individual components.

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
6
Location
7
Land
7
Bedrooms
9
Bathrooms
0
Sqft (est)
1,600.00

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
693,316.00 £
Increased by 17.15 %
from 591,814.00 £
Est sale value
603,200.00 £
Increased by 18.55 %
from 508,800.00 £
Average area rental value
1,500.00 £/mo
Decreased by 55.22 %
from 3,350.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,600.00 £/mo
Est rental Yield
2.60 %
Decreased by 61.71 %
from 6.79 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Harcus Law Ltd created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ness £ 650,00000.00 KM
South End £ 395,00000.00 KM
Faravel £ 000.00 KM
Grays Noust £ 000.00 KM
Hellihole Road £ 625,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stenigar, Stromness, Orkney, Orkney Islands £ 650,000BUY6 / 100.00 KM
Flaws Pier & Sailhouse, Stromness, Orkney £ 135,000BUYUnknown0.56 KM
2 South End, Stromness, Orkney £ 410,000BUY6 / 100.59 KM
9 - 13, Alfred Street, Stromness £ 300,000BUY7 / 100.62 KM
13 Faravel, Stromness, Orkney, KW16 3DT £ 160,000BUYUnknown0.71 KM