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7 South Lochside, Lerwick, Shetland, ZE1 0RA

Scotland

£195,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

Located in a sought-after residential area of Lerwick, this three-bedroom home offers a bright and spacious living environment ideal for families or first-time buyers. While the property is presented in good condition, it provides an opportunity for those looking to make enhancements and personal touches. The layout includes a welcoming living room and a functional kitchen/dining space that could benefit from modern upgrades or reconfiguration to better suit contemporary lifestyles. The upper floor hosts three generous bedrooms, including a principal suite with en-suite facilities, catering well to family needs. An efficient district heating system is already in place for added comfort throughout the year. Externally, you'll find ample off-street parking alongside a low-maintenance rear garden designed for easy upkeep. This outdoor space not only allows for immediate enjoyment but also presents potential for future extensions, subject to planning permissions. With nearby amenities such as schools and leisure facilities within walking distance, this property is ideal for those looking to settle in Lerwick while considering future growth options for their investment.

Investment Analysis

(ZE1 area)
Area Average
£213/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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
133%
Properties sold annually

Local Market Trend (ZE1)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +1.1%
5 year growth: +25.8%
Investment Disclaimer: Analysis based on ZE1 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

7 South Lochside, Lerwick, Shetland, ZE1 0RA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£703
Based on a loan of £146,250 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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