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See how verdicts work2-bedroom bungalow · KW17 2BA
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
North Howar is a two-bedroom property set within approximately 8.4 acres of land, enjoying a peaceful rural position and beautiful sea views.
The property benefits from oil heating, UPVC double glazing and external insulation, but is in need of renovation throughout. A number of outbuildings, in varying states of repair, are also included.
Offering considerable potential, North Howar would make an excellent project for those looking to create a home in a tranquil island setting, with the added benefit of extensive land and lovely coastal views.
KEY FEATURES * Oil heating * UPVC double glazed * Set within 8.4 acres of land * External insulation * In need of renovation throughout * Outbuildings in various states of repair * Beautiful sea views The extensive grounds extend to approximately 8.4 acres, offering a variety of possibilities for those seeking additional land for grazing, equestrian use, smallholding purposes or simply to enjoy the space and privacy associated with island living.
There are also a number of outbuildings, currently in varying states of repair, which may provide useful storage or potential for future improvement, subject to any necessary consents.
With its attractive rural setting, far-reaching sea views and substantial acreage, North Howar represents an excellent opportunity for purchasers seeking a property with scope to create a comfortable island home while making the most of the surrounding land.
The property requires renovation throughout and will appeal particularly to those looking for a project with significant potential. EXTRAS Floor coverings are included in the sale price.
LOCATION Sanday is one of Orkney's beautiful North Isles, renowned for its stunning beaches, open countryside and spectacular coastline.
The island has a welcoming community and a range of local amenities, including a school, shop, cafés and community facilities.
With regular ferry and air services connecting Sanday with Mainland Orkney, the island offers a peaceful rural lifestyle while retaining links to the wider amenities and services of Kirkwall.
What3words: generally.prepared.commands
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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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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 North Howar, Sanday, Orkney
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