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Timsgarry HS2

Scotland

£100,000
Listed on 21/02/2025

Property Details

Bedrooms
1
Type
Detached house
Area
495 sqft

Description

This one-bedroom detached property is located in the tranquil village of Aird, Uig, offering a unique opportunity for renovation and investment. The property features UPVC double glazing and electric heating, providing a solid foundation for future improvements. While it requires significant refurbishment, this allows buyers to customize the space according to personal taste and vision. One of the standout attributes of this home is its breathtaking views of the North Atlantic Ocean, which provide an idyllic backdrop that enhances both relaxation and potential resale value. With no immediate neighbors, this setting guarantees privacy and tranquility, making it an appealing retreat or rental opportunity in a sought-after area. The property is conveniently situated approximately three miles from local amenities, including a well-stocked village shop, filling station, post office, and primary school. Additionally, Uig Sands restaurant in nearby Timsgarry offers dining with spectacular views of Traigh Uige's golden sands, adding to the charm of the location. For those seeking further amenities or services, Stornoway Town Centre is approximately 36 miles away. This distance strikes a balance between rural living and accessibility to urban conveniences. Overall, this property holds great potential not only as a residence but also as an investment in a picturesque part of the island.

Investment Analysis

(HS2 area)

Above Market Value

This property is priced +42.7% above area average per sq ft

+42.7%
This Property
£202/sq ft
Area Average
£142/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£77,074
10% above area average per sq ft
Potential ROI
-44.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (HS2)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 11.4%
5 year growth: 32.0%
Investment Disclaimer: Analysis based on HS2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Timsgarry HS2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE