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Bankburn Farm, St. Margarets Hope, Orkney

Scotland

£375,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Introducing an intriguing development project on the edge of St. Margaret's Hope, this property offers considerable renovation potential for investors or buyers with vision. Currently in an unfinished state, this two-storey structure, accompanied by several outbuildings and a rear lodge, presents a unique blank canvas for you to craft your ideal living space. Planning permissions are required to bring your ideas to fruition, but the proposed layout includes key features such as a spacious living area, multiple bedrooms with en-suites, and an expansive first floor. The lodge itself is in good condition, featuring modern amenities and an enclosed garden space that could serve as additional accommodation or guest quarters. Situated just a short drive from essential local services and the Pentland Ferry port, this property not only promises significant investment opportunities but also a lifestyle enriched by the charm of village life in Scotland. With ample land surrounding it—approximately one acre—the scope for expansion or alternative uses is noteworthy.

Investment Analysis

(KW17 area)
Area Average
£184/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (KW17)

Area prices are falling by -12.8% over the last 12 months
3 year growth: -6.8%
5 year growth: +13.5%
Investment Disclaimer: Analysis based on KW17 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

Bankburn Farm, St. Margarets Hope, Orkney
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 over 30 years at 4.06% 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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