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 semi-detached house · IV51 9JA
Listing removedListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
37 Matheson Place is one of a number of similar properties in the area located within walking distance from the town centre of Portree and all amenities on offer and would make a fantastic family home or first time buyers property.
The accommodation is set over two levels and comprises of entrance porch, hallway, lounge/dining room, kitchen and bedroom on the ground floor with two bedrooms and family bathroom located on the first floor.
The property further benefits from double glazing throughout, electric storage heating and off street parking. Externally the property is set within enclosed garden grounds to the front and rear.
The front garden is laid to lawn, the larger, split level rear garden is mainly laid to grass and has patio area to the side that has artificial grass laid with a large timber shed for storage.
Parking is available to the front of the property on the driveway.
37 Matheson Place is conveniently located close to the centre of Portree and would make an ideal family home or first time buyers property. Viewing is highly recommended.
Porch 1.84m Max x 1.35m Max (6' 0.44" Max x 4' 5.15" Max) Steps lead from the road to a timber external door with side panel. Window to front elevation.
Built in storage cupboard housing the consumer unit. Two pane door with side panel to hallway. Laminate flooring. Painted.
Hallway 1.93m x 1.27m (6' 3.98" x 4' 2" ) Hallway providing access to bedroom one and lounge/dining room with stairs leading the the first floor. Laminate flooring. Painted and wallpapered.
Living/Dining Room 6.91m Max x 3.28m Max (22' 8.05" Max x 10' 9.13" Max) Bright and spacious dual aspect lounge/dining room with windows to front and rear elevations.
Fireplace with multifuel stove and slate hearth. Space for a dining table and chairs. Laminate flooring. Painted Access to kitchen.
Kitchen 4.14m Max x 2.91m Max (13' 6.99" Max x 9' 6.57" Max) Generous sized kitchen with a range of modern wall and base units with contrasting worktops over.
Stainless steel 1 1/2 bowl sink and drainer with mixer tap. integrated electric oven and hob. Windows to side and rear elevations. Built-in storage cupboard.
External half glazed timber door to garden. Laminate flooring. Painted. Bedroom 1 4.13m Max x 3.90m Max (13' 6.6" Max x 12' 9.54" Max) Double bedroom with window to the front elevation.
Carpeted. Painted. Landing 2.03m Max x 1.63m Max (6' 7.92" Max x 5' 4.17" Max) Landing providing access to two bedrooms and family bathroom. Velux window at top of stairs to rear elevation.
Loft access. Built in storage cupboard. Carpeted. Painted.
Bedroom 2 3.29m Max x 3.45m Max (10' 9.53" Max x 11' 3.83" Max) Large double room with built in wardrobes, one housing the hot water tank. Velux window to front elevation.
access to coomb storage. Laminate flooring. Painted. Bedroom 3 3.10m Max x 2.40m Max (10' 2.05" Max x 7' 10.49" Max) Single bedroom with a Velux window to front elevation. Carpeted. Painted.
Built in wardrobe. Access to coomb storage. Bathroom 1.97m x 1.67m (6' 5.56" x 5' 5.75" ) Bathroom with 3 piece suite comprising of wash hand basin, W.C. and bath with electric shower over.
Frosted window to side elevation. Partially tiled/painted walls. Vinyl flooring.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 37 Matheson Place, Portree, Highland, IV51 9JA
Explore nearby
