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Leondyke, Grainbank Road, Kirkwall - Image 1
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Leondyke, Grainbank Road, Kirkwall

Scotland

£250,000
Listed on 06/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1966 sqft

Description

Introducing a detached four-bedroom residence in a well-regarded residential area of Kirkwall. This property, while in need of comprehensive modernisation, offers a promising canvas for investors or homeowners eager to craft a contemporary family haven. The accommodation features a sizable living room complete with an open fire and partial sea views, alongside an expansive open-plan kitchen and dining space, as well as a shower room. The addition of a garage with an attached utility room enhances functionality, making everyday tasks more convenient. Surrounding the property are front and rear gardens that provide ample outdoor space. Located on the outskirts of Kirkwall, this home benefits from a tranquil setting while maintaining easy access to town centre amenities. This is an excellent opportunity to create a stylish home tailored to individual tastes amidst the peaceful lifestyle this location affords.

Investment Analysis

(KW15 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£127/sq ft
Area Average
£200/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£433,169
10% above area average per sq ft
Potential ROI
+23.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
85%
Properties sold annually

Local Market Trend (KW15)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +5.0%
5 year growth: +29.1%
Investment Disclaimer: Analysis based on KW15 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

Leondyke, Grainbank Road, Kirkwall
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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
£902
Based on a loan of £187,500 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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