We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · HS1 2PJ
For saleReduced £10k (−8.7%) on 22 JulListed 346 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Home Report Available We welcome to the market a 3-bedroom, 3 storey mid terrace property.
Conveniently located nearby to both local primary and secondary schools, sports centre and just a short walk from Stornoway town centre. Accommodation comprises ground floor, lounge and kitchen.
First floor comprises, shower room and 2 bedrooms. Second floor comprises 1 bedroom.
The kitchen has fitted floor and wall units with space for appliances, the kitchen also provides access to the rear garden. The shower room has a 2 piece toilet suite with separate shower enclosure.
Windows and doors are of double-glazed woodgrain design. Heating is by way of new electric glass panel heaters, gas connection is available for fire.
Externally the property benefits from a fully enclosed front and rear garden and has 2 external coal sheds now used as storage. There is residential parking available.
EPC Banding – C Viewings strictly by appointment through this agency.
The above details are believed to be correct but are not definite; they are simply intended to indicate the main features of the property. These details will not form any part of a contract.
Interested parties should satisfy themselves on all details. The availability of this list does not necessarily imply that any property is still available. Company Registration No. 228241.
Place of Registration: Scotland. Registered Office: 20 Francis Street, Stornoway, HS1 2NB
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.
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Agent & docs
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FAQ
About 7, Macrae Place, Stornoway
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