112 St. Olaf Street, Lerwick

This is a terraced property consisting of three self-contained flats spanning three floors, situated in one of Lerwick’s most historic streets. The ground floor flat is currently operating as a long-term let, and the other two flats have previously operated as long-term lets.

The first flat consists of a kitchen, living area/bedroom, and bathroom. The second flat includes a generous kitchen/diner, spacious lounge/bedroom, box room, and bathroom. The third flat features an open-plan kitchen/lounge, bedroom, and bathroom.

112 St Olaf Street presents a range of exciting possibilities, including the refurbishment of the existing flats or conversion of the building into a spacious family dwelling in a sought-after area of Lerwick.

Location

112 St Olaf Street is ideally situated in the historic area of St Olaf Street in central Lerwick. The building is located within close proximity to local schools, including Bell’s Brae Primary School and Anderson High School. A range of amenities can be found nearby, including Alex Morrison Convenience Store, Toll Clock Shopping Centre, the Co-operative, Mareel, and Freefield Pharmacy, with Tesco and Clickimin Leisure Complex also within easy reach.

Accommodation

Upon entering the property through the front entrance, there is a shared hallway that provides access to the three flats.

Ground Floor Flat 

The ground floor flat includes a large living room/bedroom with ample space to accommodate furnishings. There is also a well-equipped kitchen and a shower room fitted with a shower cubicle, W.C., and hand basin.

The ground floor flat currently has a long-term tenancy in place.

First Floor Flat (gallery photos)

Upon entering the flat, a hallway connects the main accommodation. To the left is the spacious lounge/bedroom. This room provides ample floor space to accommodate a range of furnishings and additional storage, and features a large window allowing natural light to enter.

The kitchen/diner is also of an excellent proportion, fitted with a range of wall and base-mounted units, practical countertop space, and substantial floor space to accommodate a large dining table.

The flat is complete with a well-equipped bathroom fitted with a shower cubicle, hand basin, and W.C., as well as an additional box room.

Second Floor Flat (gallery photos)

The second floor flat includes an open-plan lounge/kitchen. The lounge features a large dormer window and offers ample floor space to accommodate furnishings. The kitchen is well equipped, fitted with base-mounted units and practical countertop space.

The bedroom comfortably accommodates a double bed and features a Velux window allowing natural light to enter. The accommodation is complete with a generous bathroom fitted with a shower cubicle, W.C., and hand basin, as well as additional storage within the flat and on the second-floor landing.

External Features

Externally the property features a paved rear garden and front garden with surrounding wall, as well as on street parking.

Property Features

• Terraced Property
• Three Self Contained Flats
• Three Stories
• Refurbishment Project
• One Flat with Long Term Tenancy
• Ideal Investment Opportunity
• Well Proportioned Gardens
• Central Location
• Nearby Amenities

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