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 %
- Est sale value
- 603,200.00 £Increased by 18.55 %
- Average area rental value
- 1,500.00 £/moDecreased by 55.22 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 2.60 %Decreased by 61.71 %
- Crime Rate
- 0.00 %
Agent Activity
Harcus Law Ltd created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ness | £ 650,000 | 0 | 0.00 KM |
| South End | £ 395,000 | 0 | 0.00 KM |
| Faravel | £ 0 | 0 | 0.00 KM |
| Grays Noust | £ 0 | 0 | 0.00 KM |
| Hellihole Road | £ 625,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Stenigar, Stromness, Orkney, Orkney Islands | £ 650,000 | BUY | 6 / 10 | 0.00 KM |
| Flaws Pier & Sailhouse, Stromness, Orkney | £ 135,000 | BUY | Unknown | 0.56 KM |
| 2 South End, Stromness, Orkney | £ 410,000 | BUY | 6 / 10 | 0.59 KM |
| 9 - 13, Alfred Street, Stromness | £ 300,000 | BUY | 7 / 10 | 0.62 KM |
| 13 Faravel, Stromness, Orkney, KW16 3DT | £ 160,000 | BUY | Unknown | 0.71 KM |