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No longer on the market

This property is no longer on the market

10 bedroom detached house

Auction
Sold STCM
Detached house
10 beds
7 baths
Added > 14 days

Key information

TenureFreehold
Council taxBand A

Features and description

  • Prime Property Auctions is excited to present this stunning detached Victorian building, boasting 10 bedrooms, set within the beautiful location of Stornoway *Guide Price of £180,000*
  • *10, Newton Street, Stornoway, Ross And Cromarty HS1 2 RE sold for £320,000, 1, Lewis Street, Stornoway, Ross And Cromarty HS1 2 QH sold for £350,000*
  • Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple serviced accommodation units.
  • Property could achieve market rent of between £3650 PCM / £43,800 PA which could give the property an impressive gross yield of 24.3% based on the guide of £180,000 once renovated.
  • Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!

  • Prime Property Auctions is excited to present this stunning detached Victorian building, boasting 10 bedrooms, set within the beautiful location of Stornoway *Guide Price of £180,000*

 

  • *10, Newton Street, Stornoway, Ross And Cromarty HS1 2RE sold for £320,000, 1, Lewis Street, Stornoway, Ross And Cromarty HS1 2QH sold for £350,000*

 

  • Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple serviced accommodation units.

 

  • Property could achieve market rent of between £3650 PCM / £43,800 PA which could give the property an impressive gross yield of 24.3% based on the guide of £180,000 once renovated. 

 

  • Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!

 

Prime Property Auctions is excited to present this stunning detached Victorian building, boasting 10 bedrooms, set within the beautiful location of Stornoway *Guide Price of £180,000*

 

*PREVIOUSLY MARKETED AT £250,000! NOW GUIDED AT £180,000 TO ENSURE QUICK SALE*

 

Property Comprises: 

 

Ground Floor

Porch, Entrance Hall, Kitchen, Dining Area, Lounge, Bedroom 1 w En-suite, WC, Rear Porch 

 

First Floor

Bedroom 2, Bedroom 3, Lounge, Landing, Shower Room, Bedroom 4, Bedroom 5 

 

Second Floor

Bedroom 6 w En-suite, Bedroom 7 w En-suite Shower Room, Landing, Bedroom 8 w En-suite

 

Annexe

Entrance, Bedroom 9 w En-suite, Bedroom 10 w En-suite

 

*MASSIVELY DISCOUNTED TO ENSURE QUICK SALE & POTENTIALLY HIGH YIELDING INVESTMENT*

 

Sales Evidence: 

 

*10, Newton Street, Stornoway, Ross And Cromarty HS1 2RE sold for £320,000, 1, Lewis Street, Stornoway, Ross And Cromarty HS1 2QH sold for £350,000*

 

Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple serviced accommodation units.

 

Property could achieve market rent of between £3650 PCM / £43,800 PA which could give the property an impressive gross yield of 24.3% based on the guide of £180,000 once renovated.

 

Charging £150 per night At 80% occupancy per month, the unit could achieve  £3650 PCM (£43,800 P/A) which would generate an incredible 24.3% gross yield if secured at the guide of £180,000.

 

Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location:

 

Stornoway, the lively capital of the Isle of Lewis in the Outer Hebrides, is a charming harbour town that combines rich Gaelic heritage with modern island life. Set against a picturesque waterfront and overlooked by the historic Lews Castle, Stornoway offers a variety of local shops, cosy cafes, seafood restaurants, and a vibrant arts scene. It serves as a gateway to the stunning landscapes of Lewis, with easy access to beautiful beaches, rugged coastlines, and ancient sites like the Callanish Standing Stones. Whether strolling through castle grounds, enjoying fresh local produce, or exploring the island's natural beauty, Stornoway warmly welcomes visitors with its unique blend of culture and hospitality.
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About this agent

Prime Property Auctions - Glasgow
Prime Property Auctions - Glasgow
100 West Regent Street Glasgow G2 2QD
0141 376 8640
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We specialise in selling properties within 28 days for the price a seller wants and helping buyers secure excellent deals
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