112 St. Olaf Street, Lerwick, Shetland, ZE1 0ES

This property features a unique opportunity for investors or homeowners alike, located on one of Lerwick's historic streets. It comprises three self-contained flats over three levels, providing immediate rental income from the ground floor flat, which is already tenanted. The other two flats have previously served as long-term rentals, and with some refurbishment, they could easily return to this market. Each flat has its own distinct layout; the first and second floors boast generous living spaces that can be modernized to meet contemporary standards, while the open-plan configuration of the top flat maximizes natural light and space usage. The potential for transforming this building into a spacious family home or enhancing its existing rental capacity presents exciting possibilities. The shared hallway leads to all three units, and the external areas include a manageable front and rear garden along with street parking options. Given the prime location near schools and amenities, this property offers substantial investment potential in a desirable area of Lerwick.