Property for sale

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Property for sale

Dunrossness Church, Dunrossness, ZE2 9JB
£38,000

Our Summary

  • Prime New Auction Property
  • Rare development opportunity, situated in the sought-after picturesque Island of Shetland
  • Berg, Dunrossness, Shetland, ZE2 9JB Previously sold for £199,000***   Excellent development potential, subject to gaining necessary planning consents
  • Sure to appeal to shrewd investor/developer looking for a unique commercial investment opportunity they can put their own stamp on
  • Sure to appeal to investors looking for rare auction property
  • Large commercial Investment opportunity, located in a prime location in Shetland
  • Berg, Dunrossness, Shetland, ZE2 9JB Previously sold for £199,000*** Once renovated, Property could command upwards of £140/night as an Airbnb which would provide an annual income of £37,632 based on 80% occupancy (subject to necessary consents) ***EXCELLENT DEVELOPMENT POTENTIAL*** The property is offered at a DISCOUNT to ensure a fast sale at auction
  • Property is due to go to auction for our upcoming timed online event
  • Excellent development potential, subject to gaining necessary planning consents
  • Sure to appeal to shrewd investor/developer looking for a unique commercial investment opportunity they can put their

Description

This rare development opportunity is a large commercial property in Dunrossness, Shetland, with excellent potential for renovation and conversion into a unique commercial investment. The property, which dates back to 1790, has previously been used as a church and offers a blank canvas for a shrewd investor or developer to put their own stamp on. With its prime location, stunning coastal scenery, and strong sense of community, Dunrossness is an attractive destination for tourists and investors alike. The property has a high yield potential, with comparable properties in the area achieving upwards of £140 per night as an Airbnb, and could potentially command a similar income once renovated and converted. With its rich history, natural beauty, and growing interest in sustainable travel, Dunrossness is an exciting opportunity for investors looking to capitalize on the area's unique charm and potential for growth.
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