Plot 18, Swartiquoy Balfour, Balfour, Orkney, Orkney, KW17 2DZ

Description

Idyllic plot of land with sea view located on Shapinsay Island in Orkney. Circa 201.48sqm. The land is roughly 200sqm and could be used as a camping/caravan site or for a self-build holiday cottage, subject to planning consents. Key features state the plot is circa 204.69sqm.

Location

Located on picturesque Shapinsay Island, one of the Orkney Islands off the north-west coast of Scotland. The plot has views of the North Sea and neighbouring islands and is nearby Lairo water, a wetland renowned for a wide variety of bird species. The main settlement of Balfour has a regular ferry service from Kirkwall.

Tenure / Property Information

Investment Analysis

The £6,000 guide is the only supplied price evidence. No completed land sales, planning consent, development valuation, rental evidence or auctioneer rent estimate is provided, so market value, GDV and a supported maximum bid cannot be established. The stated area is inconsistent at approximately 201.48sqm and 204.69sqm and the potential camping, caravan or holiday-cottage uses remain subject to planning consent.

Investment Snapshot

Strategy Recommendation

Treat as a planning-led land speculation opportunity only. Do not proceed without satisfactory legal, access, service, boundary and planning due diligence, and do not rely on the guide as market value.

Works Required

Confirm title, boundaries, services and access; investigate planning policy and obtain any required consents for camping, caravan use or a self-build holiday cottage. No physical works are evidenced.

Rental & Market Context

Potential BRRR Position

A BRRR strategy cannot be supported because there is no established residential use, GDV, rent, planning consent or refinance valuation. The plot’s potential use remains uncertain.

Buy-to-Let Analysis

BTL analysis is not supported. There is no dwelling, rental comparable or auctioneer rent estimate, and the proposed uses are subject to planning consent.

Flip Analysis

A flip appraisal cannot be established because there are no land comparables, approved development scheme, GDV or supported selling allowance. Any resale value would depend materially on planning and site factors not supplied.

Investor Risks & Due Diligence

• Camping, caravan or self-build holiday-cottage use is subject to planning consents.

• No completed sales or other market-value evidence is supplied.

• No rental evidence or passing income is available.

• Buyer’s Premium applies and additional fees may arise under the legal pack, but amounts are not supplied.

• The stated plot area differs between approximately 201.48sqm and 204.69sqm.

• Island location and ferry access may affect demand, logistics and future resale, although no quantified impact is supplied.

Recommendation

Treat as a planning-led land speculation opportunity only. Do not proceed without satisfactory legal, access, service, boundary and planning due diligence, and do not rely on the guide as market value.

Strategy Rating

Analysis Confidence

Only a guide price, broad plot description and freehold tenure are supplied; there are no comparables, planning details, services information, rental evidence, GDV or quantified fees.