21 New Shawbost, Isle Of Lewis, Na H-Eileanan Siar

Description

This one and a half storey detached cottage is set within the scattered crofting township of New Shawbost on the west coast of the Isle of Lewis. With open moorland on all sides, the cottage retains character throughout, including exposed stone walls and a solid fuel stove set within a traditional stone fireplace. The property requires a full programme of renovation works. This is an ideal project property for developers, investors or those seeking a holiday retreat in an outstanding coastal setting.

Accommodation

Porch, living room, bathroom and kitchen/diner on the ground floor, with a bedroom and en-suite shower room on the first floor.

Location

Located in the scattered rural township of New Shawbost on the west coast of the Isle of Lewis, amid open croftland and machair close to the Atlantic shore. Local facilities and amenities are available nearby, with Stornoway, the island's main town, within easy reach by car. The area is well known for its sandy beaches, moorland and strong crofting heritage.

Tenure / Property Information

Investment Analysis

The £27,000 guide is the only price evidence supplied. No completed sales, rental comparables or supported GDV evidence are available, so market value and resale potential cannot be reliably estimated.

Investment Snapshot

Strategy Recommendation

Treat as a speculative renovation project only. Obtain a survey, contractor budget, legal-pack review and local resale/rental evidence before bidding.

Works Required

Full renovation programme as described, subject to survey and legal-pack review. The evidence does not specify the required trades, defects, specifications or costs.

Rental & Market Context

Potential BRRR Position

BRRR cannot be assessed reliably without a supported purchase budget, refurbishment cost, rental value and post-works GDV. The property requires full renovation and the refinance value is unknown.

Buy-to-Let Analysis

BTL yield cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Renovation costs are also unknown.

Flip Analysis

A flip appraisal cannot be calculated because there are no completed comparables, supported GDV or refurbishment-cost estimates. The known buyer admin charge is 3.6% subject to a £3,600 minimum, with possible additional disbursements.

Investor Risks & Due Diligence

• Full renovation requirements and costs are unspecified.

• No sufficiently specific rental evidence is available.

• No completed sales or supported GDV evidence is available.

• Buyer admin charge is subject to a £3,600 minimum, with possible additional disbursements.

• Rural location may require careful validation of resale and letting demand, but no supporting market evidence is supplied.

Recommendation

Treat as a speculative renovation project only. Obtain a survey, contractor budget, legal-pack review and local resale/rental evidence before bidding.

Strategy Rating

Analysis Confidence

Only the guide price, property description and basic fee terms are supplied; there is no comparable, rent, GDV or quantified works evidence.