5 Mounthooly Place

5 Mounthooly Place, Lerwick, Shetland, ZE1 0BL

Offers Over £112,000



Good-sized two bedroom top floor flat situated in a central location within the ‘old town’ area of Lerwick with a view of Bressay and the Lerwick harbour. The property requires refurbishment which is reflected in the price. This presents a great opportunity for a developer or investor to purchase a property with the potential to add value and would make an excellent buy to let.

Accommodation Comprises: Living Room, Kitchen, two Double Bedrooms, Bathroom, Hallway, Entrance Hall and external store.

The flat would benefit from a scheme of renovation works to bring it up to modern living standards. New heat and smoke detectors have been installed and a EICR test has been passed recently to bring the flat up to the required regulations for renting.

The property has its own lockable external store on the landing outside the front door and shared use of the drying green.


Mounthooly Place is situated in the Lerwick Conservation Area, between Mounthooly Street and Church Road. The Market Cross and Commercial Street is just a minute’s walk away and all other amenities are only a short distance from the flat.

The flat is situated in the Heddel’s Park housing scheme. The property forms part of a group of 12 flats comprising two sets of 6 flats, each served by a separate communal stair. Flat 5 is on the top floor of the south eastern block.


Property ID: 18320044
Price: Offers Over £112,000
Property Type: Flat
Bedrooms: 2
Bathrooms: 1
Receptions: 1
Gardens: 1


Potential to add value

Central Location

Electrics up to letting standard

Room Details

Entrance Hall (1.8 x 1.2m)

Front door leads into the entrance hall with lino flooring, centre light, loft hatch, meter cupboard and coat hooks above. Door to the living room and door through to the kitchen.

Kitchen (3.0 x 2.0m)

White coloured kitchen units with beige laminate worktop. Freestanding ‘indesit’ cooker and hob, ‘hotpoint’ fridge and stainless steel sink and drainer. Quadruple bar light, heat alarm, tiled floor and West Facing window. 2 larder cupboards.

Living Room (4.8 x 4.0m)

Good-sized, bright room with two east facing windows. built-in cupboard housing the hot water tank with shelved space to one side, lino, feature light fitting, electric fire, storage heater and smoke detector.

Hallway (1.5 x 1.0m)

A second door from the living room leads to the hallway with doors to the two bedrooms and the bathroom. Laminate to the floor and smoke detector.

Bedroom 1 (4.2 x 3.0m)

Large south-facing window, carpet tiles to the floor, centre light, built-in cupboard with shelves, hanging rail space with curtain closer and storage heater.

Bedroom 2 (3.3 x 2.9m)

West facing window, centre light, shelf units and laminate to the floor.

Bathroom (2.1 x 1.9m)

Bath with electric shower over, curtain rail and tiled splashback. Toilet, sink with mirror above, ‘Aquastep’ flooring, West facing window, and centre light.


Separate store (1.2 x 1.2m) on the landing outside the front door, and shared use of a drying green.

Electricity: Mains
Water: Mains
Drainage: Mains sewer
Telephone:- Connected
Heating:- Electric storage and panel heaters

Council Tax - Band C

EPC Rating - Band D

All white goods and fixed items are included in the sale.

Immediate entry available on conclusion of legal formalities with a flexible entry date.

By appointment only. Contact 01595 747 045 or email property@arthurandsimpson.com

Parties wishing to be advised of a closing date should note their interest with the selling agent.

Arthur & Simpson
68 Commercial Street, Lerwick, ZE1 0DL
Telephone 01595 747 045
Email: property@arthurandsimpson.com

DISCLAIMER Note: 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.