5-bedroom detached house · IV26 2YN
For saleListed 92 days
Opportunity summary
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About
Mullagrach House is in the hamlet of Polbain on the Coigach peninsula.
The property is in a delightful, secluded setting with spectacular views to the Summer Isles, an archipelago of mainly uninhabited islands in The Minch.
The Coigach Peninsula is one of the most beautiful parts of the western Highlands and falls within Scotland’s first European Geopark, an area recognised globally for its outstanding geological features, cultural heritage and forward thinking communities.
The area has sandy beaches and is popular for sea kayaking, diving, sea fishing and island cruises, while the picturesque harbour of Old Dorney is close by and provides a sheltered mooring for boats.
This beautiful coastline sits against a backdrop of spectacular mountain scenery, home to a wide variety of native wildlife and providing ideal hill walking and climbing.
Coigach is a thriving and active community comprising a number of coastal hamlets and villages, including Polbain and Achiltibuie.
The area is well served by a range of facilities including a post office, 3 shops, primary school, community centre, church and petrol station.
Ullapool, about 23 miles away, has a secondary school as well as further shops and amenities including a major supermarket, leisure centre and ferry terminal.
Inverness, less than 2 hours’ drive away, has all the facilities of a modern city including its airport with regular flights to the South and Europe.
The current owners purchased Mullagrach House in 2008 and have used it as a second home while also running it as a limited availability holiday let, mainly to repeat guests.
The house has comfortable and well laid out single storey accommodation and recent improvements to the house include the installation of a new central heating system, the replacement of the oil fired AGA with a new range cooker, and modifications to one part of the kitchen.
The main rooms take advantage of the stunning views with the wide windows and glass doors between the sitting room and dining kitchen filling the house with natural light.
French doors from the dining area open to a terrace with outstanding views to the Summer Isles, extending the sense of space into the garden.
Mullagrach is a seasonal holiday let, managed through the owners’ website of this, the property qualifies for business rates rather than council tax and benefits from a short term let licence.
The number of let nights has varied between 60 and 150 nights each year, with many repeat bookings.
The sellers have not encouraged bookings in the current year in order to facilitate the sale of the property. EPC Rating = D
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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
FAQ
About Mullagrach House, Polbain, Achiltibuie, Wester Ross, IV26
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