Guide price
£155,000
3 bed detached house for saleStove Buildings, Walls, Shetland ZE2
3 beds
1 bath
1 reception
- Auction
- Freehold
Prime Property Auctions
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About this property
We are excited to present this massively discounted 3 Bedroom house, also adjoining the house is a large partially developed property that could be turned into extra accommodation subject to necessary planning permissions, all within a prime location in Shetland home report value £270,000. Priced for a quick auction sale!
***Gwen Villa, Walls, Shetland, Orkney ZE2 9PG previously sold for £220,000, Mondavista, Walls, Shetland, Orkney ZE2 9PB previously sold for £208,000 and Vadlure, Scarvataing, Walls, Shetland, Orkney ZE2 9PF previously sold for £271,000***
The property would make an idyllic home or short term rental subject to gaining necessary planning permissions and consents. You could achieve north of £200 per night on Airbnb! There is a high demand for Airbnb accommodation in Shetland.
The property has a beautiful view and is within walking distance to the sea for wild water swimming. Walls has gp surgery, shop, primary school, swimming pool, lively community hall, sailing club with popular music nights and fishing events, and bus routes with Lerwick only being a 35 minute drive away.
The property benefits from Air source heat pump to wet radiator system, backed by electric storage heaters, underfloor heating to the kitchen and shower room, and mains water and electricity
- We are excited to present this massively discounted 3 Bedroom house, also adjoining the house is a large partially developed property that could be turned into extra accommodation subject to necessary planning permissions, all within a prime location in Shetland ***home report value £270,000. Priced for a quick auction sale!***
- ***Gwen Villa, Walls, Shetland, Orkney ZE2 9PG previously sold for £220,000, Mondavista, Walls, Shetland, Orkney ZE2 9PB previously sold for £208,000 and Vadlure, Scarvataing, Walls, Shetland, Orkney ZE2 9PF previously sold for £271,000***
- The property would make an idyllic home or short term rental subject to gaining necessary planning permissions and consents. You could achieve north of £200 per night on Airbnb! There is a high demand for Airbnb accommodation in Shetland.
- The property has a beautiful view and is within walking distance to the sea for wild water swimming. Walls has gp surgery, shop, primary school, swimming pool, lively community hall, sailing club with popular music nights and fishing events, and bus routes with Lerwick only being a 35 minute drive away.
- The property benefits from Air source heat pump to wet radiator system, backed by electric storage heaters, underfloor heating to the kitchen and shower room, and mains water and electricity
We are excited to present this Beautiful 3 Bedroom house and also adjoining the house is a large partially developed property that could be turned into extra accommodation subject to necessary planning permissions, all within prime location in Shetland
The property comprises
Ground Floor; Entrance Hallway, Large Living Room / Office, Kitchen / Dining Room and Shower Room.
First Floor; Open Plan Living Area and Three Spacious Bedrooms
There is a charming, ruined croft house on the property with significant development potential, offering a fantastic opportunity for restoration or redevelopment, subject to planning permissions.
Property would make an idyllic home or short term rental subject to gaining necessary planning permissions and consents.
The property could attract a nightly rate of £110 which assuming an 80% occupancy, would provide an annual income of £31,680.
The property has a beautiful view and is within walking distance to the sea for wild water swimming.
***Gwen Villa, Walls, Shetland, Orkney ZE2 9PG previously sold for £220,000, Mondavista, Walls, Shetland, Orkney ZE2 9PB previously sold for £208,000 and Vadlure, Scarvataing, Walls, Shetland, Orkney ZE2 9PF previously sold for £271,000***
Local sales evidence shows that there is great capital growth potential.
Ideally located in a prime spot, the property is just 2.5 miles from the filming of the popular movie Billy & Molly, and a mere 0.5 miles from the renowned BBC crime drama Shetland, which is regularly filmed nearby. Additionally, it offers stunning views facing onto the adjacent field where one of Shetland's main agricultural shows is held. This unique combination of cinematic history, vibrant local events, and picturesque scenery makes it a truly exceptional location.
Demand for rental housing in Walls is very high; recently, four newly built houses received over thirty applications each. Overall, housing demand across Shetland remains consistently high, making this an outstanding opportunity for prospective residents or investors alike.
Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today.
Location:
Shetland, nestled in the North Atlantic between Scotland and Norway, is an enchanting archipelago known for its stunning landscapes and unique cultural fusion. The main islands, including the largest, Mainland, feature dramatic cliffs, serene beaches, and charming fishing villages with colourful waterfront houses.
The rugged coastline is punctuated by inlets and sea stacks, offering a picturesque setting for exploration. Shetland's diverse terrain, from heathery hills to peat bogs, creates a haven for nature enthusiasts, with abundant birdlife such as puffins and razorbills.
This captivating destination seamlessly blends Nordic and Scottish influences, providing visitors with an unforgettable experience amid its rich cultural heritage.
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