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See how verdicts work5-bedroom detached house · KW16 3BU
For saleListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
97 Victoria Street is a b-Listed former bank house located in the Stromness Conservation Area. The impressive 2-storey 5 bedroom property offers huge potential and viewing is highly recommended.
The entrance level includes a living room, kitchen/diner, dining room, utility room, study, double bedroom and a shower room, upstairs there are 4 further bedrooms, one of which is ensuite, and a family bathroom.
Key features Oil central heating and 2 air source heaters Wood framed single glazed windows 5 double bedrooms, one of which is ensuite Spacious living room with decorative fireplace Large dining room Family shower room and bathroom Fully enclosed garden laid to patio with greenhouse Large storage room on lower level, accessed via garden Stromness Primary School and Stromness Academy catchment area Occupying a prominent position in Stromness, this impressive b-Listed former bank house offers substantial and versatile accommodation arranged over 2 levels, combining period grandeur with exceptional potential.
The property is immediately striking, with its elegant façade giving way to a welcoming entrance hall featuring a large statement staircase, high ceilings, and generously proportioned rooms.
Externally, the house benefits from a fully enclosed garden, thoughtfully laid out with patio areas and stone chips, along with a drying area and greenhouse.
Additional storage is provided by a stone-built shed and a lower-level storage room, accessed directly from the garden.
This is a spacious and impressive property of considerable character, offering huge potential for further enhancement, and a rare opportunity to acquire a substantial period home in the heart of Stromness.
Extras Floor coverings, kitchen white goods and curtains (except the dining room curtains) are included in the sale price. Some additional items may be available by separate negotiation.
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
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FAQ
About 97, Victoria Street, Orkney
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