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See how verdicts workHouse · IV26 2UJ
For saleListed 651 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introducing this remarkable development opportunity - a historic mid-terraced house situated in the heart of the very popular West Highland village of Ullapool.
Located on the village's main street, this property offers an exciting project for those with a keen eye for potential.
With planning permission in place, the possibilities to create a stunning living space are endless.
The location of this property is truly outstanding, set against the backdrop of the picturesque harbour-side with breathtaking views over Loch Broom to the surrounding hills.
Nature enthusiasts, boating aficionados, and anyone captivated by the beauty of the Scottish Highlands will be uplifted by the tranquillity and charm of this idyllic setting.
Convenience is key, as this property is strategically located close to a number of local services and is a popular stop on the world-renowned North Coast 500 driving route.
From quaint cafes to charming local shops, everything you may need is just a stone's throw away.
Furthermore, the proximity to the Stornoway ferry terminal ensures easy access to the neighbouring islands, adding a touch of wanderlust to the allure of this property.
For those with a penchant for history and character, this property exudes a sense of old-world charm that is simply captivating.
The heritage of the building adds a unique depth and richness to the overall appeal of the project, allowing for a harmonious blend of past and present architectural elements.
With meticulous planning and visionary design, this property has the potential to be transformed into a contemporary haven, perfect for modern living.
Create a bespoke living space that harmonises with the stunning natural surroundings and captures the essence of coastal living at its finest.
In summary, this mid-terraced house presents an exceptional opportunity for those seeking a development project in a prime location.
Embrace the magic of village life in the Ullapool, immerse yourself in the rich history of the area, and seize the chance to craft a truly magnificent living space with unparallelled views and timeless appeal.
Dream, design, and build your own piece of paradise in this enchanting corner of the Scottish Highlands.
EPC Rating: E Location Stunning harbour views, ideal location near local amenities and North Coast 500 route in the popular west coast village of Ullapool.
Internal Area (9.80m x 7.35m) Internal Area - 9.80m x 7.35m (at widest points) (32'1" x 24'1") Front door opens from Shore Street to what is now an internal corridor but may once have been an open vennel for allowing livestock into the the back garden.
Formerly the ground floor had a hall, an open plan living and dining room and a kitchen with a larder in an extension to the back of the property. The first floor had three bedrooms and a bathroom.
The house has been stripped back to its original walls, ready for redevelopment.
There are five windows and two velux-style windows to the front of the property, two windows to the back and three above the kitchen extension. There are also two roof-lights.
The floor has been partially lifted to allow for the installation of under-floor heating. The original five fireplaces have been opened up again.
The original roof beams have the original space for a loft hatch. A door leads to the back garden. Rear Garden Rear garden area.
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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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
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FAQ
About 15 Shore Street, Ullapool
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