6-bedroom detached house · IV27 4AR
For saleListed 53 days
Opportunity summary
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About
The Old Bank House and Bank offer a unique opportunity for a buyer to live in an historic traditional property that offers the potential of converting the Old Bank into an additional dwelling space or business venture.
The property has a bio mass heating system, walled garden and garage to rear. Up to six bedrooms. Several outbuildings and sheds, over 435 sqm in total with the bank, excluding garage.
12 Solar panels with a portable tariff generates an income of over c£1100 annually.
Steeped in local heritage, The Old Bank House occupies a prominent position within the historic Highland village of Lairg.
As its name suggests, the property was originally constructed to serve as the village bank, reflecting Lairg's importance as the commercial heart of central Sutherland during the late Victorian and early twentieth centuries.
In an era when banking, livestock markets and agriculture formed the backbone of Highland life, the building would have played an important role in supporting local businesses, crofters and sporting estates throughout the surrounding countryside.
Today, the property retains the character and presence associated with its historic origins, offering an appealing blend of period charm and everyday practicality.
Its traditional architecture serves as a reminder of Lairg's prosperous past while providing an attractive home within one of Scotland's most picturesque rural communities.
Situated at the heart of Sutherland, Lairg is one of the Highlands' best-connected inland villages and has long been regarded as the "Crossroads of the North".
Historically, it developed as an important market settlement, serving the surrounding crofting communities and estates, with its renowned livestock auctions attracting buyers and sellers from across the Highlands.
The arrival of the railway in the nineteenth century further strengthened the village's position as a regional hub.
Today, Lairg offers an excellent range of amenities including independent shops, cafés, a supermarket, hotels, a medical practice, primary school, community facilities and a railway station providing regular services to Inverness and the Far North.
The village enjoys a welcoming community atmosphere while remaining surrounded by some of Scotland's most spectacular scenery. Outdoor enthusiasts are particularly well catered for.
The nearby Falls of Shin, famous for their salmon leaping upstream, provide one of the Highlands' most popular visitor attractions, while the vast waters of Loch Shin offer opportunities for fishing, kayaking and wildlife watching.
The surrounding hills, forests and moorland provide endless walking, cycling and sporting pursuits, with red deer, golden eagles and ospreys regularly seen throughout the area.
Lairg also provides an ideal base from which to explore the wider Highlands.
The dramatic north and west coasts, including the spectacular beaches of Sutherland, the NC500 touring route, Dornoch, Golspie and the Flow Country unesco World Heritage landscape, are all within comfortable reach.
Inverness, the capital of the Highlands, lies approximately an hour's drive to the south, offering an extensive range of shopping, leisure, cultural attractions and connections via Inverness Airport.
Combining historical character with an exceptional Highland setting, The Old Bank House represents a rare opportunity to own a property that reflects the rich heritage of Lairg while enjoying all the lifestyle benefits of one of Scotland's most scenic and welcoming communities.
EPC band E Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About The Old Bank House, Main Street, Lairg
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