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Newmarket, Newmarket, Na H-eileanan An Iar

Scotland

£200,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1304 sqft

Description

This detached property, located in the desirable village of Newmarket, presents a unique opportunity for renovation and investment. Upon entering, you are greeted by a spacious vestibule that leads into a central hallway, providing access to an open-plan lounge and dining area, as well as a generously sized kitchen with ample storage and utility space. The home boasts three well-proportioned double bedrooms, all equipped with fitted wardrobes, and a family bathroom featuring both a bath and shower. With additional storage options throughout the property, there's plenty of room to enhance its functionality. Notably, the loft area is partially floored and fitted with dormer windows, offering fantastic potential for conversion into additional living space or bedrooms (subject to necessary consents). The property benefits from oil-fired central heating and is fully double-glazed. Outside, you will find expansive garden grounds at the front, side, and rear of the house. A timber garden shed complements the outdoor space along with a detached cabin that requires some work but has considerable potential for restoration or alternative use. Off-road parking is conveniently provided via a side driveway. Additionally, the adjoining croft extends approximately 1.41 acres— available for separate negotiation— further enhancing this property's appeal for those interested in land or agricultural pursuits. Positioned just a short drive from Stornoway town centre, residents will enjoy easy access to local amenities including shops and schools. This property holds significant promise for those looking to create their ideal home while benefitting from an attractive setting.

Investment analysis

(HS2 area)

Above Market Value

This property is priced +5.8% above area average per sq ft

+5.8%
This Property
£153/sq ft
Area Average
£145/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£207,845
10% above area average per sq ft
Potential ROI
-13.4%
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
21%
Properties sold annually

Local Market Trend (HS2)

Area prices are falling by -2.2% over the last 12 months
3 year growth: +7.8%
5 year growth: +21.9%
Investment Disclaimer: Analysis based on HS2 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

Newmarket, Newmarket, Na H-eileanan An Iar
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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.

Stamp duty calculator

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