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See how verdicts work1-bedroom bungalow · HS2 9QX
For saleListed 327 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We bring to the market this quirky and visually quaint detached 2 bedroom property requiring significant and extensive renovation.
We believe the property offers equal opportunity as a full restoration or a part or full demolition for a new build project.
The new or renovated property would enjoy a lovely elevated position looking over open aspect rugged and unspoilt dramatic countryside.
The property is located in a peaceful neighbourhood on the east coast of lewis within the parish of south lochs. Historic and scenic attractions are all in reasonably close proximity.
The pier is primarily used by fish farming vessels but its also used by small fishing and leisure craft.
It would appear that a degree of upgrade had been initiated in recent times which included new double glazed upvc windows being fitted, evidence of re-wiring/new fusebox installed and re-lining of some of the walls.
Accommodation comprises ground floor kitchen/diner, lounge, bathroom, porch and 2 bedrooms.
The roof on the end elevation extension accommodating the kitchen and bathroom has caved in so any viewings of this part of the property must be undertaken at the persons own risk.
Externally the property sits on a feu (titled area) extending to just under ¼ of an acre. A small semi detached outbuilding lies across the road but remains in title.
Gravir village is conveniently located for all local and neighbouring villages amenities including school, surgery, church, community centre and community shop with fuel pumps.
In view of the remedial condition of the property we advsie entry is at your own risk.
Directions: Take the A859 Stornoway to Tarbert road for approximately 15 miles towards the end of Balallan village. Take the left turning onto the B8060.
Remain on the road for about 11 miles until you reach the village of Gravir. Take your left hand turn at the bottom of the hill. The property is situated on the left hand side in an elevated position.
EPC – G
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 3 Gravir, South Lochs, Isle of Lewis
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