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2, George Street, Kirkwall

Scotland

£185,000
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
773 sqft

Description

This three-bedroom semi-detached bungalow is a promising canvas for buyers eager to infuse their personal touch and modernize the living space. Nestled within mature gardens at both the front and rear, the property boasts a private driveway and a garage equipped with an electric up-and-over door, alongside an additional garden shed featuring a workbench for hobbies or storage needs. The single-level layout comprises a welcoming entrance porch, a spacious living room, and a kitchen that provides access to the rear porch. Each of the three well-proportioned bedrooms offers potential for reconfiguration or enhancement, complemented by a family bathroom. The home is fitted with uPVC double-glazed windows and relies on electric storage heating for warmth. A notable feature is the attic space with its Velux window accessible via a Ramsay ladder, presenting opportunities for additional storage or possible future development following appropriate permissions. Outside, the property benefits from generous outdoor areas including a well-kept lawn and planting borders, while off-street parking is available via the driveway leading to the garage. Located in desirable Kirkwall, this bungalow is just moments away from local shops, amenities, and transport links - making it an exciting opportunity for those looking to enhance value through renovation.

Investment Analysis

(KW15 area)

Above Market Value

This property is priced +18.8% above area average per sq ft

+18.8%
This Property
£239/sq ft
Area Average
£201/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£171,250
10% above area average per sq ft
Potential ROI
-23.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
130%
Properties sold annually

Local Market Trend (KW15)

Area prices are rising by +6.4% over the last 12 months
3 year growth: +6.8%
5 year growth: +27.3%
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

2, George Street, Kirkwall
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£655
Based on a loan of £138,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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