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Stringvue, Rerwick Road, Tankerness, Orkney, KW17 2QS - Image 1
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Stringvue, Rerwick Road, Tankerness, Orkney, KW17 2QS

Scotland

£300,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
2045 sqft

Description

Stringvue is a generous 3-bedroom bungalow that presents an exciting opportunity for renovation in the tranquil Parish of Tankerness. Nestled in a picturesque rural setting, it boasts expansive sea views and is conveniently located just a short drive from Kirkwall's amenities. The property is characterized by its neutral décor, providing a versatile canvas for potential owners to infuse their personal style and enhancements. Spanning a single level, the layout includes: - A spacious kitchen-dining area equipped with modern units, integrated appliances, and a handy walk-in pantry complemented by a utility room that connects to the garage. - A bright dual-aspect living room featuring large picture windows that frame the stunning landscape. - Three ample double bedrooms with built-in wardrobes; the primary bedroom includes an ensuite shower room for added convenience. - An additional home office space ideal for remote work or study needs. - A family bathroom that could benefit from modern updates. With its proximity to beautiful coastal walks and serene surroundings, Stringvue not only serves as an appealing residence but also offers significant renovation potential to create a bespoke home design suited to your lifestyle preferences.

Investment Analysis

(KW17 area)

Below Market Value

This property is priced -18.2% below area average per sq ft

-18.2%
Potential saving
This Property
£147/sq ft
Area Average
£179/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£403,223
10% above area average per sq ft
Potential ROI
+12.0%
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
14%
Properties sold annually

Local Market Trend (KW17)

Area prices are falling by -13.5% over the last 12 months
3 year growth: -6.6%
5 year growth: +6.6%
Investment Disclaimer: Analysis based on KW17 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

Stringvue, Rerwick Road, Tankerness, Orkney, KW17 2QS
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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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