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King Street, Kirkwall KW15

Scotland

£175,000
Listed on 15/12/2025

Property Details

Bedrooms
1
Type
Detached house

Description

Nestled in the bustling center of Kirkwall, this Category B Listed building offers a unique opportunity for transformation. Formerly a dental clinic, this two-story property retains historical charm with spacious attic rooms accessible via a loft ladder. Constructed in the late 1800s and adapted for medical use in the late 20th century, it presents significant renovation potential. Recent planning consent has been granted to repurpose the building into a boarding house with eight en-suite studio bedrooms, along with plans for modern upgrades including new windows and energy-efficient systems like air source heat pumps. While sold as-is, interested buyers have the flexibility to explore further development opportunities by consulting with local planning authorities.

Investment Analysis

(KW15 area)
Area Average
£201/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
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
146%
Properties sold annually

Local Market Trend (KW15)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +5.1%
5 year growth: +31.8%
Investment Disclaimer: Analysis based on KW15 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

King Street, Kirkwall KW15
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 over 30 years at 4.06% 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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