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Back Road, Dounby, Orkney KW17 - Image 1
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Back Road, Dounby, Orkney KW17

Scotland

£75,000
Listed on 24/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled in the vibrant community of Dounby, this property features a series of spacious sheds that present a notable opportunity for renovation or redevelopment. Their substantial size makes them suitable for various uses, from storage solutions to potential commercial ventures, provided that the necessary approvals from local authorities are obtained. The structure includes one shed equipped with mains electricity, facilitating easy access to power for any proposed projects. Each shed boasts large sliding doors, enabling convenient entry and exit, along with durable concrete floors and aprons that enhance functionality. The corrugated metal roofing offers weather resistance while requiring minimal upkeep. While the property does call for some maintenance, this also opens the door for innovative improvements that could further elevate its value. With ample parking available on-site, accessibility is assured, making it an attractive option for anyone looking to invest in a property with development potential in an area poised for growth.

Investment Analysis

(KW17 area)
Area Average
£186/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (KW17)

Area prices are falling by +6.2% over the last 12 months
3 year growth: -2.6%
5 year growth: 19.4%
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

Back Road, Dounby, Orkney KW17
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£275
Based on a loan of £56,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE