Plot 8, Swartiquoy, Balfour, Shapinsay Island, Orkney Islands, KW17 2DZ

Description

Idyllic plot of land with sea view located on picturesque Orkney Island, measuring approximately 201.48 square metres. The site is described as suitable for use as a camping/caravan site or for a self-build holiday cottage, subject to planning and necessary consents. It is located in the hamlet of Swartiquoy, in the scenic parish of Balfour, with open countryside, views, proximity to the Lairo water wetland, ferry connections and local services. The plot is described as suitable for a bespoke build, holiday retreat, small home, eco-build, holiday let or investment project, subject to the necessary consents.

Location

Located in the hamlet of Swartiquoy, parish of Balfour, on Shapinsay Island in Orkney. The plot is surrounded by open countryside, has sea views, is near the Lairo water wetland, and is close to ferry connections and local services. Balfour has a regular ferry service from Kirkwall.

Tenure / Property Information

Investment Analysis

The £9,500 guide is the only supplied price evidence. No completed-sale comparables, formal valuation, planning consent, accommodation, serviced-site details or development-cost evidence are provided. The plot is described as potentially suitable for camping/caravan use or a self-build holiday cottage, but this is expressly subject to planning and necessary consents. Market value and GDV cannot therefore be reliably estimated from the evidence supplied.

Investment Snapshot

Strategy Recommendation

Treat this as a high-risk, planning-led land opportunity only. Proceed only after independently confirming planning feasibility, access, services, development constraints and the full purchase/development budget.

Works Required

Obtain planning and all necessary consents for the intended camping, caravan, holiday-cottage or self-build use. Any subsequent site preparation, access, utilities and construction works would require separate specifications and quotations; none are supplied.

Rental & Market Context

Potential BRRR Position

BRRR is not currently supportable. There is no completed building, planning consent, development-cost estimate, GDV evidence or refinance valuation. The buyer premium is payable but its amount is not supplied, and additional fees may apply.

Buy-to-Let Analysis

A conventional BTL yield cannot be established because there is no dwelling or supported residential rental evidence. The auctioneer cites Orkney tent-pitching fees of approximately £15–£30 per night, but this is not a monthly rent, passing income or occupancy forecast and does not establish campsite viability.

Flip Analysis

A flip appraisal cannot be completed because there are no sold comparables, planning position, construction specification, build-cost evidence or supported resale value. The guide price alone is insufficient to calculate a resale surplus.

Investor Risks & Due Diligence

• Camping, caravan, holiday-cottage and self-build uses are subject to planning and necessary consents.

• No planning approval or development feasibility evidence is supplied.

• No construction, site-preparation, access or utility costs are supplied.

• No completed-sale comparables or formal valuation are supplied.

• The cited £15–£30 nightly tent-pitching figure is an estimate and does not establish occupancy or income.

• The buyer premium amount is unspecified and additional fees may apply.

• There is no existing accommodation or established rental income on the plot.

Recommendation

Treat this as a high-risk, planning-led land opportunity only. Proceed only after independently confirming planning feasibility, access, services, development constraints and the full purchase/development budget.

Strategy Rating

Analysis Confidence

Only the guide price, broad plot description, approximate area, tenure and indicative tent-pitching fees are supplied. There are no comparables, consents, development costs, services information, occupancy assumptions or quantified auction fees.