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See how verdicts workProperty · KW17 2BZ
For saleReduced £60k (−6.7%) on 26 OctListed 266 days
Opportunity summary
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About
REVISED PRICE NOW OFFERS OVER £895,000 Chalmersquoy is a highly successful holiday accommodation provider comprising a 3 en-suite bedroom B&B, 2 bedroom self-catering unit, 1 bedroom self-catering unit, 5 bedroom hostel and campsite together with the Graand Owld Byre venue, sports hall and 2 large multi-purpose stores.
The business is situated at the south end of Pierowall village and enjoys beautiful views across the picturesque bay.
The well-presented property enjoys a prime location and benefits from many repeat bookings including from businesses who have workers staying overnight on the island.
The most recent addition, the Graand Owld Byre, is a popular music venue and is also available for private functions and meetings.
The spacious sports hall has lines for a badminton court and hosts regular pickleball sessions. The B&B, self-catering units and hostel all have oil-fired central heating.
The business is being offered for sale due to the impending retirement of the owners and the new owners may wish to consider using the B&B or one of the self-catering units as owners’ accommodation.
The campsite welcomes tents, caravans and motorhomes. It has 20 pitches, 13 with electric hook-ups.
Chalmersquoy have their own website which can be made available to the new owners, and presently do not market through Booking.com or any other agency, preferring to handle each booking personally.
Westray is one of Orkney’s outer isles and its amenities include several general stores and a primary and junior secondary school.
There are many places of archaeological interest together with numerous beautiful beaches and a popular puffin population in the summer months.
The island is connected to the Orkney Mainland via scheduled ferry and air services.
Chalmersquoy is a highly successful holiday accommodation provider comprising a 3 en-suite bedroom B&B, 2 bedroom self-catering unit, 1 bedroom self-catering unit, 5 bedroom hostel and campsite together with the Graand Owld Byre venue, sports hall and 2 large multi-purpose stores.
The business is situated at the south end of Pierowall village and enjoys beautiful views across the picturesque bay.
The well-presented property enjoys a prime location and benefits from many repeat bookings including from businesses who have workers staying overnight on the island.
The most recent addition, the Graand Owld Byre, is a popular music venue and is also available for private functions and meetings.
The spacious sports hall has lines for a badminton court and hosts regular pickleball sessions. The B&B, self-catering units and hostel all have oil-fired central heating.
The business is being offered for sale due to the impending retirement of the owners and the new owners may wish to consider using the B&B or one of the self-catering units as owners’ accommodation.
The campsite welcomes tents, caravans and motorhomes. It has 20 pitches, 13 with electric hook-ups.
Chalmersquoy have their own website which can be made available to the new owners, and presently do not market through Booking.com or any other agency, preferring to handle each booking personally.
Westray is one of Orkney’s outer isles and its amenities include several general stores and a primary and junior secondary school.
There are many places of archaeological interest together with numerous beautiful beaches and a popular puffin population in the summer months.
The island is connected to the Orkney Mainland via scheduled ferry and air services.
B&b entrance hall 4.06m x 0.97m uPVC framed front door with double glazed panel, window, radiator, glazed door into hall, door into breakfast room.
B&b Breakfast Room 4.83m x 4.01m Window, patio doors, 2 radiators, wooden flooring, cupboard housing hot water cylinder, partly shelved alcove, door into kitchen B&B Kitchen 3.45m x 3.7m window, radiator, fitted base and wall cupboards, induction hob, eye-level double oven.
dishwasher, space for under counter fridge and freezer, door into staff shower room B&b shower room 2.7m x 1.63m window, shower cubicle, WC wash hand basin, heated towel rail.
B&b hall 2.51m x 1.85m window, stairs to first floor, door into bedroom 1 B&b bedroom 1 4.78m x 4.04m 2 windows, w radiators, alcove, picture rail, 4-poster double bed B&b bedroom 1 en-suite 2.7m x 1.2m shower cubicle, WC, wash hand basin, heated towel raoil B&b landing 2.84m x 1.93m velux window, radiator, access to attic, doors to bedrooms 2 & 3 B&b bedroom 2 4.88m x 3.56m velux window, 2 radiators B&b bedroom 2 en-suite 2.7m x 1.93m velux window, shower cubicle, WC, wash hand basin, heated towel rail.
B&b bedroom 3 4.11m x 3.56m window, velux window, radiator 1 bed self catering entrance porch 5.1m x 1.68m uPVC framed front door with double glazed panel, 2 windows, radiator, sliding glass doors into living room/kitchen.
1 bed self catering living/kitchen 7m x 4.37m Carpeted living area with glazed door into porch, velux window, 2 radiators, dining area within kitchen, fitted base and wall kitchen cupboards, oven, cooker hood, plumbing for a washing machine, velux window, glazed door into rear entrance hall.
1 bed self catering shower room 2.24m x 1.78m window, shower cubicle, WC, wash hand basn, radiator 1 bed self catering bedroom 3.4m x 3.96m window, radiator 2 bed self catering entrance hall 3.96m x 2.44m uPVC framed front door with 2 double galzed panels, radiators, stairs to first floor, glazed doors to living room and kitchen areas.
2 bed self catering living room 5.38m x 4.06m 2 windows, 2 radiators, dining area open plan to kitchen 2 bed self catering kitchen 3.86m x 3.07m fitted base and wall cupboards incorporating a hob, cooker hood, oven, space for an upright fridge freezer.
open plan to living room 2 bed self catering shower room 2.62m x 1.85m window, radiator, wet room floor, shower, WC, wash hand basin, plumbing for a washing machine.
2 bed self catering bedroom 1 4.75m x 2.95m velux window, radiator 2 bed self catering bedroom 1 ensuite 1.63m x 1.6m wet room floor, shower, WC, wash hand basin, heated towel rail 2 bed self catering bedroom 2 4.32m x 4.01m velux window, radiator hostel entrance 1.22m x 1m u PVC framed front foor with double glazed panel, stairs to first floor, door to rear entrance hall hostel rear entrance hall 2.95m x 1.12m uPVC framed rear door with double glazed panel, 2 radiators Hostel kitchen 4.3m x 3.45m window, radiator, dining area, fitted base and wall cupboards, 2 cookers, upright fridge, fitted cupboard.
Hostel shower room 1 2.5m x 2.08m wet room style floor, shower, WC, wash hand basin, heated towel rail.
hostel bedroom 2 3.18m x 2.08m window, radiator hostel bedroom 3 3.18m x 1.98m window, radiator, 2 fitted wardrobes hostel bedroom 4 3.18m x 1.93m window, radiator, 2 fitted wardrobes hostel bedroom 5 2.82m x 2.6m window, radiator, wash hand basin hostel shower room 2 1.63m x 1.57m wet room floor, shower, WC, wash hand basin, shelved alcove, heated towel rail hostel living room 9m x 4.22m window, 4 velux windows, 2 radiators, exposed wooden floor.
hostel bedroom 1 4.22m x 3.1m velux window, radiator, exposed wooden floor.
hostel toilet 1.22m x 1.22m WC, wash hand basin, heated towel rail hostel bedroom 1 ensuite 1.83m x 2.36m velux window, 3 piece suite, shower over bath, heated towel rail, exposed wooden floor.
Laundry room 4.62m x 4.01m window, radiator, sink, plumbing for washing machine (3 washing machines, 2 tumble dryers), fitted cupboards Garage/Bin store 4.62m x 5.49m sliding door Store room 1 5.08m x 4.47m Store room 2 6.6m x 4.37m Multi purpose sports hall 17.04m x 9.35m badminton court lines marked on floor, patio doors Graand Owld Byre 13.82m x 4.57m venue for parties or meetings and music venue glazed exterior door, flagstone floor, solid fuel stove, 4 radiators, raised platform, double foors into hall Pool Room 7.1m x 4.67m Byre 20.32m x 6.9m Shed 20.32m x 12.2m high double doors at either end Reception 3.66m x 2.44m uPVC framed front door with double glazed panel, window, radiator, door into office Office 3.2m x 2.1m 2 windows, sink, fitted cupboards Campsite Kitchen 4.37m x 4.3m exterior door, window, fitted base cupboards incorporating a sink and hob Campsite toilets and showers 4.17m x 3.05m 2 toilets and 2 shower cubicles, washing machine and 2 deep sinks
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
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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.
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About Chalmersquoy, Pierowall, Westray
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