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18 & 19 Colbost, Dunvegan, Isle of Skye, Highland

Scotland

£365,000
Listed on 28/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
715 sqft

Description

Nestled in an exceptional location on the western coast of the Isle of Skye, this quaint cottage presents a unique opportunity for renovation and investment. The property boasts charming whitewashed exteriors and offers breathtaking views across the picturesque Waternish peninsula and Loch Dunvegan. This home provides inviting living spaces that are steeped in warmth, featuring a sitting room with wooden flooring and a cozy log burner, alongside a dining room that also has its own woodburning stove. The kitchen, while functional, would benefit from modernisation to fully maximise its potential. The ground floor includes a bathroom equipped with essential fixtures, while upstairs hosts two double bedrooms with attractive exposed timber ceilings and dormer windows allowing for scenic vistas. Although the property is already comfortable, there remains significant scope for enhancements to increase its value. Externally, the property features a versatile garden with mature trees and sheltered decking at the rear, along with useful outbuildings including storage sheds and a detached office or garden room ideal for remote work or leisure activities. Additionally, Lot 2 offers approximately 12 acres of grassland with planning permission for two chalets—ideal for creating rental income streams in this desirable tourist area. This cottage is conveniently located within reach of local amenities in nearby Glendale and Dunvegan, yet it still provides a tranquil retreat amid some of Scotland's most stunning natural landscapes. With thoughtful renovations, this property can become either a captivating family home or an attractive holiday rental investment.

Investment Analysis

(IV55 area)

Above Market Value

This property is priced +107.0% above area average per sq ft

+107.0%
This Property
£510/sq ft
Area Average
£247/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£193,951
10% above area average per sq ft
Potential ROI
-53.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
10%
Properties sold annually
Investment Disclaimer: Analysis based on IV55 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

18 & 19 Colbost, Dunvegan, Isle of Skye, Highland
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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
£1,293
Based on a loan of £273,750 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.

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