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See how verdicts work2-bedroom bungalow · KW15 1AY
Listing removedListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient and sought after location close to Kirkwall town centre, schools and local amenities, Malourie presents an excellent investment and development opportunity.
Whilst the property requires modernisation throughout, it offers generous accommodation and benefits from uPVC double glazed windows and an air to water heating system supplying radiators that was installed in 2024.
Situated in a convenient and sought after location close to Kirkwall town centre, schools and local amenities, Malourie presents an excellent investment and development opportunity.
Whilst the property requires modernisation throughout, it offers generous accommodation and benefits from uPVC double glazed windows and an air to water heating system supplying radiators that was installed in 2024.
Malourie enjoys a mature enclosed garden and has a garage. Air to water heating to radiators (installed 2024). UPVC double glazed windows. Bay windows in living room and bedroom 1.
Mature enclosed garden. Garage. Close to schools and town centre.
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
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FAQ
About Malourie, 11 Wellington Street, Kirkwall
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