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Riverbank, Staffin Road, Portree, Isle of Skye, IV51 9HS - Image 1
Riverbank, Staffin Road, Portree, Isle of Skye, IV51 9HS - Image 2
Riverbank, Staffin Road, Portree, Isle of Skye, IV51 9HS - Image 3
Riverbank, Staffin Road, Portree, Isle of Skye, IV51 9HS - Image 4
Riverbank, Staffin Road, Portree, Isle of Skye, IV51 9HS - Image 5
Riverbank, Staffin Road, Portree, Isle of Skye, IV51 9HS - Image 6
Riverbank, Staffin Road, Portree, Isle of Skye, IV51 9HS - Image 7
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Riverbank, Staffin Road, Portree, Isle of Skye, IV51 9HS - Image 9
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Riverbank, Staffin Road, Portree, Isle of Skye, IV51 9HS

Scotland

£310,000
Listed on 22/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1432 sqft

Description

This detached property offers a unique opportunity for renovation or investment, situated conveniently close to the heart of Portree. The structure has been well-maintained by its current owner and features modern decor throughout, making it move-in ready while also presenting possibilities for further enhancements. Spanning two levels, the layout includes an entrance vestibule leading into a spacious lounge with dual aspect windows that fill the room with natural light. The lower floor also encompasses a kitchen equipped with contemporary white gloss cabinetry and integrated appliances, along with a utility room that provides additional space for laundry needs. Two double bedrooms are located on this level, alongside a family bathroom featuring both a corner bath and a separate shower cubicle. The first floor hosts two generously sized en-suite bedrooms, each offering comfortable accommodations and ample storage. The thoughtfully designed landing area benefits from a Velux window, adding to the overall brightness of the upstairs spaces. Externally, the property is set within manageable garden grounds that include established plantings of trees and shrubs. A gravel driveway ensures off-street parking for residents and guests. Notably, there is significant potential for development in the garden area; full planning permission was granted in March 2017 under reference 16/04837/FUL for the construction of an additional dwelling. This presents an appealing option for investors looking to capitalize on the growing demand for housing in this picturesque location. Whether you envision this home as a stunning family residence or as part of a broader investment strategy, Riverbank holds considerable promise in both its current form and its developmental potential.

Investment Analysis

(IV51 area)

Above Market Value

This property is priced +0.5% above area average per sq ft

+0.5%
This Property
£216/sq ft
Area Average
£215/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£339,141
10% above area average per sq ft
Potential ROI
-0.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (IV51)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -2.7%
5 year growth: 29.2%
Investment Disclaimer: Analysis based on IV51 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.

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Location

Riverbank, Staffin Road, Portree, Isle of Skye, IV51 9HS
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