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 work2-bedroom terraced house · HS1 2HA
Under offerListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to welcome to the market this charming mid terraced property in a convenient and quiet residential area on the outskirts of Stornoway Town Centre.
Accommodation is bright yet cosy throughout comprising ground floor kitchen/diner and lounge. First floor comprises bathroom and two double bedrooms.
The property boasts ample built in storage with spacious under stair cupboard, and build in cupboards in both bedrooms.
Heating in the property is by way of gas and windows are double glazed throughout.
To the front of the property there is low-maintenance chipped garden ground offering potential for off road parking; subject to relevant planning consents.
To the rear of the property there is further low-maintenance chipped garden ground and concrete slab patio area, drying area and spacious shed.
Assaye Place is a stones throw away from Lews Castle Grounds and Stornoway Golf Club and less than a mile away from Stornoway Town Centre with all amenities and services.
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.
Area
Agent & docs
FAQ
About 10 Assaye Place, Stornoway, Na H-eileanan An Iar
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