10 bed detached house for sale

32 James Street, Stornoway HS1

• Prime Property Auctions is excited to present this stunning detached Victorian building, boasting 10 bedrooms, set within the beautiful location of Stornoway ***Guide Price of £180,000***

• ***10, Newton Street, Stornoway, Ross And Cromarty HS1 2RE sold for £320,000,1, Lewis Street, Stornoway, Ross And Cromarty HS1 2QH sold for £350,000***

• Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple serviced accommodation units.

• Property could achieve market rent of between £3650 pcm / £43,800 pa which could give the property an impressive gross yield of 24.3% based on the guide of £180,000 once renovated.

• Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!

Prime Property Auctions is excited to present this stunning detached Victorian building, boasting 10 bedrooms, set within the beautiful location of Stornoway ***Guide Price of £180,000***

***previously marketed at £250,000! Now guided at £180,000 to ensure quick sale***

Property Comprises:

Ground Floor

Porch, Entrance Hall, Kitchen, Dining Area, Lounge, Bedroom 1 w En-suite, WC, Rear Porch

First Floor

Bedroom 2, Bedroom 3, Lounge, Landing, Shower Room, Bedroom 4, Bedroom 5

Second Floor

Bedroom 6 w En-suite, Bedroom 7 w En-suite Shower Room, Landing, Bedroom 8 w En-suite

Annexe

Entrance, Bedroom 9 w En-suite, Bedroom 10 w En-suite

***massively discounted to ensure quick sale & potentially high yielding investment***

Sales Evidence:

***10, Newton Street, Stornoway, Ross And Cromarty HS1 2RE sold for £320,000,1, Lewis Street, Stornoway, Ross And Cromarty HS1 2QH sold for £350,000***

Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple serviced accommodation units.

Property could achieve market rent of between £3650 pcm / £43,800 pa which could give the property an impressive gross yield of 24.3% based on the guide of £180,000 once renovated.

Charging £150 per night At 80% occupancy per month, the unit could achieve £3650 pcm (£43,800 P/A) which would generate an incredible 24.3% gross yield if secured at the guide of £180,000.

Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!

This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Offer Now” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Stornoway, the lively capital of the Isle of Lewis in the Outer Hebrides, is a charming harbour town that combines rich Gaelic heritage with modern island life. Set against a picturesque waterfront and overlooked by the historic Lews Castle, Stornoway offers a variety of local shops, cosy cafes, seafood restaurants, and a vibrant arts scene. It serves as a gateway to the stunning landscapes of Lewis, with easy access to beautiful beaches, rugged coastlines, and ancient sites like the Callanish Standing Stones. Whether strolling through castle grounds, enjoying fresh local produce, or exploring the island's natural beauty, Stornoway warmly welcomes visitors with its unique blend of culture and hospitality.

Read full description