A rare opportunity to acquire a valuable residential development plot with an existing house and significant potential for redevelopment – offering the prospect of a relatively low-cost investment with an excellent yield once completed to a high standard.
Starting bid: £33,000.00
Item condition: New
Auction has not been started yet.
Start On: September 16, 2026 10:00 am
Ending On: September 16, 2026 2:00 pm
Are you considering selling a house, a flat, land or a commercial property?
Tell us a bit about it and we can give you an almost instant, FREE, no obligation auction valuation.
Existing house. Generous plot. Utilities connected. Outstanding redevelopment potential in a spectacular Mainland Orkney setting.
A rare opportunity to acquire a valuable residential development plot with an existing house set on a generous plot with excellent access and significant potential for redevelopment in Orphir, Mainland Orkney.
Low cost investment with potentially outstanding return.
This property represents an exciting proposition for developers, investors and private buyers looking to create a high-quality modern home in an established residential location.
The existing house provides a number of potential options: renovation and extension, substantial redevelopment, or demolition and construction of a new, contemporary property (subject to the necessary planning consents).
The site already benefits from existing water and electricity connections, providing an important head start and potentially reducing the infrastructure costs associated with a new development.
The opportunity to transform the existing property into a modern, high-specification home could create substantial value in a high demand location where new properties generate significant demand.
The combination of an existing dwelling, established utility connections and the opportunity to add significant value through redevelopment makes this an especially interesting proposition for an investor looking to maximise return from a comparatively modest initial land and property investment.
Properties in KW17 2RB have achieved an overall average price of approximately £269,629 over the last year. Detached properties accounted for the majority of sales, achieving an average of around £227,000, while semi-detached properties achieved approximately £200,000.
Recent Sales in the area:
Langskaill, Orphir Village 31 Mar 2026 £381,888 Detached
Souley, Orphir 14 Jan 2025 £380,000 Detached
Fernbank, Galaha 19 Nov 2024 £265,000 Detached
Kelseca, Gyre Road 17 Sep 2024 £303,000 Detached
Nedre Dal, Smoogro Road 17 Jul 2024 £480,000 Detached
Klivvith, Orphir Village 15 Feb 2024 £245,000 Detached
The presence of high-quality modern builds in the surrounding area demonstrates demand for well-designed, contemporary housing. The limited availability of suitable development land further strengthens the appeal of this opportunity.
Development land of this nature is increasingly difficult to find, particularly where an existing dwelling and essential utility connections are already in place.
For an investor, the attraction is clear: acquire at a relatively low entry cost, add value through a high-quality redevelopment, and potentially achieve an excellent rental yield from the finished property.
An outstanding development and investment opportunity with the potential to transform an existing property into a desirable, modern and income-producing asset.
The auctioneer has been advised that the property has been continually occupied for over 20 years and we ask that no visits/viewings are carried out without appointment.
The location adds considerably to the opportunity.
Ophir is a historic parish on Orkney’s west mainland, overlooking the sheltered waters of Scapa Flow. Rich in Norse heritage, it is home to the remains of the 12th-century Earl’s Bu and the unique medieval Round Church of St Nicholas, associated with the powerful Orkney Earls and the Orkneyinga Saga. With its peaceful rural setting, dramatic coastal views and fascinating Viking history, Ophir is a distinctive and highly desirable location.
This lot will be sold under auction terms and conditions by Braveheart Auctions.
Speak to one of our dedicated team today for more information or visit submit offer now.
Be Brave…Follow Your Heart
Braveheart Auctions hold land and property auctions every 2 weeks.
Do you know someone with a problem property?
Pass the details to Braveheart Auctions- We will sell it and we will pay you for the referral. Or speak to us about a FREE auction valuation.
The seller of this lot has indicated that pre-auction offers will be considered. An offer can be submitted by click on the button below and completing the form.
A member of our sales team will contact you following the submission of your offer. If your offer is accepted then you will pay the required deposit to secure the lot today.
