Crantit House, Kirkwall, Orkney, KW15 1RZ

Offers Over £630,000Freehold

Brochure

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 65Mbps
Mobile signal:*Based on indoor data coverage
O2ThreeVodafone

Key Features

SUBSTANTIAL STATELY HOME
POSITIONED ON THE OUTSKIRTS OF KIRKWALL
4 SEPARATE RESIDENTIAL DWELLINGS
HISTORICALLY OPERATED AS ONE RESIDENTIAL DWELLING AND THREE HOLIDAY LETS
POTENTIAL FOR DEVELOPMENT PURPOSES
SET ON APPOX 2.47 ACRES OF LAND
BREATHTAKING PANORAMIC VIEW TOWARDS SCAPA FLOW
POSITIONED CLOSE TO LOCAL AMENITIES

Description

Positioned on the outskirts Kirkwall, this remarkable property offers a unique opportunity for those seeking a substantial residential portfolio. Dating back to 1850, the estate comprises three apartments, each designed to provide additional accommodation, making it an ideal investment for both residential living and rental potential.

Set within approximately 2.47 acres of land, the property boasts stunning panoramic views towards the iconic Scapa Flow, allowing residents to enjoy the natural beauty of the Orkney Islands. The expansive grounds provide ample space for animals, outdoor activities, gardening, or simply relaxing in the serene surroundings.

The stately home itself is a testament to classic architecture, offering a blend of historical charm and modern convenience. With its spacious interiors and elegant features, it presents a wonderful canvas for personalisation, ensuring that it can be tailored to meet the needs of its new owners.

Crantit House is not just a property; it is a lifestyle choice, offering a tranquil retreat while still being conveniently located near the amenities of Kirkwall. This is a rare opportunity to acquire a piece of Orkney's heritage, perfect for those looking to invest in a property that combines history, beauty, and potential. Whether you are seeking a family home or a lucrative investment, this estate is sure to impress.

Electricity: Mains, each property has their own electric meter
Water: Mains, each property has their own water supply
Drainage: Septic Tank, all four houses share the same tank
Heating: Oil central heating , Each property has their own oil supply
Garden: Approx. 2.4 acres


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VIEWINGS
By appointment only, arranged through K Allan Properties.
Call 01856 876377 or email info@kallanproperties.co.uk

OFFERS TO
K Allan Properties
Watergate
Kirkwall
KW15 1PD
info@kallanproperties.co.uk

DISCLAIMER
Whilst we endeavour to make these particulars accurate, they do not offer/form any part of a contract on offer and are not guaranteed. Measurements are approximate. We have not tested electricity, gas or water services or any appliances. Photographs may have been taken with a wide angle lens.

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Glaitness School
(0.63 miles)
Number of pupils: 199
Age Range: 5 - 12
Papdale Primary School
(0.99 miles)
Number of pupils: 444
Age Range: 5 - 12
Kirkwall Grammar School
(1.01 miles)
Number of pupils: 866
Age Range: 12 - 18
Shapinsay Community School
(4.9 miles)
Number of pupils: 19
Age Range: 5 - 12
Firth Primary School
(5.58 miles)
Number of pupils: 76
Age Range: 5 - 12
St Andrew's Primary School
(5.97 miles)
Number of pupils: 164
Age Range: 5 - 12
Orphir Community School
(6.53 miles)
Number of pupils: 33
Age Range: 5 - 12
Stenness Community School
(8.43 miles)
Number of pupils: 21
Age Range: 5 - 12
Burray Primary School
(8.94 miles)
Number of pupils: 50
Age Range: 5 - 12
Evie Primary School
(9.93 miles)
Number of pupils: 46
Age Range: 5 - 12

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ3,152 /mo.25 Years, 4.5% Interest
Loan
ÂŁ567,000
Total Repay
ÂŁ945,471

Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ36,350
0% up to ÂŁ145,000
2% from ÂŁ145,000 to ÂŁ250,000
5% from ÂŁ250,000 to ÂŁ325,000
10% from ÂŁ325,000 to ÂŁ630,000
Your effective LBTT is 5.77%

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