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Virkie, Exnaboe, ZE3

PROPERTY TYPE

Detached

BEDROOMS

3

SIZE

1,550 sq ft

144 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Requires refurbishment, repair and modernisation
  • Substantial detached property in rural Shetland setting
  • Approximately 151 sq m of accommodation
  • Flexible layout with potential bedsit/guest accommodation
  • Three first-floor bedrooms plus ground-floor living space
  • Open countryside outlooks and views towards Sumburgh Airport and beyond
  • Garden ground, stone dyke boundaries and attached store
  • Strong opportunity for buyers seeking a project property with potential

Description

Merchant House is a substantial detached dwelling enjoying a peaceful rural setting in Shetland, with open outlooks across the surrounding countryside and towards Sumburgh Airport and beyond. The property offers generous and flexible accommodation extending to approximately 151 sq m, arranged over ground and first floor, and will appeal to buyers looking for a sizeable home, project property or lifestyle purchase in a scenic island location.

The accommodation comprises a living room/dining room, kitchen, bathroom, utility room, entrance porch and a self-contained bedsit-style area with bedroom, en-suite shower room and kitchen on the ground floor, with three further bedrooms and a shower room on the first floor. This layout provides useful flexibility and could suit a variety of living arrangements, including family occupation, guest accommodation, multi-generational living or home-working space, subject to any required consents or future adaptation.

Externally, the property benefits from garden ground, stone dyke boundary walling and an attached store, with surrounding open views adding significantly to its appeal. The rural position gives a strong sense of space and privacy, while still being within reach of local services and wider connections across Shetland.

The property now requires a programme of repair, refurbishment and general upgrading, both internally and externally. Notwithstanding the works required, Merchant House represents an excellent opportunity for a purchaser to acquire a substantial detached property in a desirable rural Shetland setting and create a home tailored to their own requirements. The scale, layout, outlook and setting are the key strengths of the property, and with investment, the house has clear potential to be significantly improved.

Shetland is a highly distinctive island setting, renowned for its dramatic coastline, open landscapes, wildlife, strong local communities and unique way of life. The islands offer a peaceful rural environment while still providing essential services, schooling, transport links and employment opportunities across sectors including energy, fishing, agriculture, tourism and local enterprise.

The property’s south Shetland location provides access to surrounding coastal scenery, beaches, countryside walks and island amenities, while Lerwick remains accessible for a wider range of shops, services, schools, leisure facilities and ferry links. Shetland continues to appeal to buyers seeking space, lifestyle, community and natural surroundings, making properties with views and refurbishment potential attractive to a range of local and lifestyle purchasers.






EPC Rating: E
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Virkie, Exnaboe, ZE3

Approximate location

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Affordability

Monthly repayments£853
Property: £ 170,000
Deposit: £ 17,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Brighton & Beck, Ayr

2 Parkhouse Street, Ayr, KA7 2HH
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With over 40 years’ combined estate agency experience, we are a family-run, independent agency with a deep understanding of what it takes to successfully sell your home.

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Disclaimer - Property reference 085232ec-3d3c-4be4-bcfb-daac1db503f2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Brighton & Beck, Ayr. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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