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Reawick House, Reawick, Shetland, ZE2 9NJ

Scotland

£460,000

Listed on 22/05/2026

Property Details

Bedrooms
6
Type
Detached
Area
2870 sqft

Description

Reawick House presents a promising opportunity for renovation and investment in a serene Scottish locale. This six-bedroom detached property, spanning three levels, showcases generous living spaces complemented by charming period features. The lounge boasts a fireplace and captivating sea views, while the grand dining room with its multi-fuel stove adds character. A spacious kitchen and family room offer potential for modern updates, with two well-appointed bathrooms already in place. The property also benefits from gas central heating and double-glazed sash windows throughout. Outside, the expansive plot includes two garages, a large private driveway, and well-maintained gardens enclosed by dry stone walls. A noteworthy feature is the substantial outbuilding which comes with full planning permission for conversion into an additional dwelling—an enticing prospect for those looking to maximize their investment. Located in picturesque Reawick, the home is just a short drive from Bixter where essential amenities are available. With stunning local beaches and nature walks nearby, this property not only offers ample living space but also significant potential for refurbishment and expansion.

Investment Analysis

(ZE2 area)

Above Market Value

This property is priced +0.6% above area average per sq ft

+0.6%
This Property
£160/sq ft
Area Average
£159/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£503,226
10% above area average per sq ft
Potential ROI
-8.5%
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
92%
Properties sold annually

Local Market Trend (ZE2)

Area prices are rising by +6.9% over the last 12 months
3 year growth: +17.7%
5 year growth: +17.6%
Investment Disclaimer: Analysis based on ZE2 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

Reawick House, Reawick, Shetland, ZE2 9NJ
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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
£1,641
Based on a loan of £345,000 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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