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Mearon, Birsay, Orkney KW17

Scotland

£195,000

Listed on 12/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
910 sqft

Description

This distinctive two-bedroom detached cottage, nestled within approximately 1.53 acres in the scenic parish of Birsay, presents an excellent opportunity for renovation and investment. With stunning sea views and a serene rural environment, the property is ideally located near local heritage attractions and picturesque coastal walks. The cottage showcases character with its UPVC double-glazed windows and oil central heating, while the spacious living room, featuring an inviting oil-fired stove, serves as a cozy focal point. The kitchen/diner offers generous space with direct access to a conservatory that is glazed on three sides, providing delightful views towards the Broch of Birsay—a wonderful spot for leisurely moments amidst nature. The layout includes two ample double bedrooms, a functional shower room with WC, and a utility room for added convenience. Outside, the property boasts a garage along with several outbuildings, including a former cottage within its own walled garden that holds significant renovation potential for conversion into additional living space or guest accommodation (subject to necessary permissions). The expansive grounds allow for gardening pursuits or hobby farming, making this location not only tranquil but also versatile for various projects.

Investment Analysis

(KW17 area)

Above Market Value

This property is priced +18.2% above area average per sq ft

+18.2%
This Property
£214/sq ft
Area Average
£181/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£181,531
10% above area average per sq ft
Potential ROI
-31.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (KW17)

Area prices are falling by -6.8% over the last 12 months
3 year growth: -4.3%
5 year growth: +10.0%
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

Mearon, Birsay, Orkney KW17
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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
£737
Based on a loan of £146,250 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.

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