6-bedroom detached house · KW15 1PY
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cedarlea is an impressive and substantial property occupying a superb central location in Kirkwall.
Offering a rare combination of scale, versatility and outdoor space, the property comprises a grand six-bedroom main house together with two self-contained flats, one one-bedroom and one two-bedroom.
Properties of this scale and with such flexibility rarely come to the market in such a central location.
The main house is arranged over two floors and retains a number of attractive original features, including decorative coving and fireplaces.
Generously proportioned rooms, many with dual-aspect windows, create a bright and airy feel throughout.
While the property would benefit from modernisation, it presents an excellent opportunity to create a truly impressive family home.
On the ground floor, the accommodation includes an entrance vestibule, spacious dual-aspect living room, a dining/family room, kitchen/diner, utility room, sunroom, shower room and a double bedroom.
The first floor provides a further five bedrooms, a shower room and a second kitchen.
The two self-contained flats have their own entrance door and provide a valuable additional element to the property.
Subject to the necessary consents, they could offer the potential for long or short-term letting, providing an income stream, or could be ideally suited to multi-generational living, dependent on the purchaser's requirements.
Outside, Cedarlea enjoys a large, enclosed garden, predominantly laid to lawn and complemented by mature shrubs and established borders. A private tarred driveway leads to two garages.
There is also a useful garden store and a greenhouse, complete with a mature grape vine.
Key features * Spacious 6 bedroom house, plus 2 self-contained flats *Generous living space with a living room, dining/family room and a sunroom.
* Kitchen/diner and separate utility room/store * 2 shower rooms * UPVC double glazing * Mixture of oil-fired central heating and electric heating * Large enclosed garden, garden store and greenhouse with mature grapevine * Private tarred driveway with 2 garages * Papdale Primary School and Kirkwall Grammar School catchment areas Extras Floor coverings, blinds and any remaining pieces of furniture are included in the sale price.
Location Cedarlea is located on Holm Road in Kirkwall, adjacent to Bignold Park. This is a popular residential area with convenient access to the town centre and local amenities.
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 Cedarlea,, Holm Road, Kirkwall
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