Key details

3 Pegasus Place, Lerwick, ZE1 0NZ
3 double bedrooms • living room • kitchen / diner • bathroom & en-suite shower room • utility room • substantial basement store
Offers over £230,000
By arrangement.

  • receptions 1 Reception Room
  • bedrooms 3 Bedrooms
  • bathrooms 2 Bathrooms
  • Council Tax Band: D
  • Energy Efficiency: D (65)


Detached three bedroom / two bathroom, ‘Scandinavian’ style timber frame / timber clad property with additional substantial basement store, on the north side of Lerwick. Due to the elevated position of the property it enjoys an open aspect to the rear and a fine view over to the north harbour entrance in the distance.

Built in 2007, the ‘walk-into’ accommodation is arranged over two floors, the ground floor comprising a large, dual-aspect living room, attractively fitted kitchen /diner, main double bedroom with en-suite shower room, family bathroom with bath and separate shower, and a utility room. Upstairs there are two further double bedrooms plus an open study / play area on the landing. Oil-fired central heating.

The substantial basement store measures approximately 7.6m x 3.6m and provides extensive storage space or could perhaps be used as a gym or workshop etc., subject to consents. Externally there is off-street parking plus a fenced garden.

The town bus service runs from a stop nearby.

Great starter home or ‘buy-to-let’ investment.


Entry to the property is via a double glazed front door with triple point locking which opens to a vestibule laid with wood laminate flooring as is the case throughout the rest of the ground floor. On the left is the utility room with plumbing for a washing machine, vent for a tumble dryer and space for a freezer etc., these appliances being available by separate negotiation, and a fitted meter cupboard, whilst a built-in cupboard provides handy storage space. Ahead a half-glazed door leads to the hall where further storage space is provided by a large cupboard under the stairs with coat hooks. Off the hall is a ground floor bedroom with en-suite shower room, the bathroom, living room and stair to the first floor.

The family bathroom comprises a white three piece suite plus a separate wet-wall lined corner shower enclosure with glazed screen / door. Heating is provided by a ladder style heated towel rail and the bathroom cabinet over the wash hand basin will remain.

The glazed door at the end of the hall opens to the living room, a bright, good-sized, dual-aspect room with a window to the rear of the house looking out over the houses opposite to the hill beyond, plus a second side window enjoying the view over to the north harbour entrance in the distance. A door from the living room opens to the attractively fitted kitchen / diner again enjoying a dual aspect, the room having space for a small table & chairs, and cream units set off by solid wood worktops providing ample cupboard & worktop space and including an integral oven, induction hob with cooker hood over, plus a concealed integrated dishwasher. There is also a white double ceramic sink with mixer tap, corner carousel & glazed display cabinet.

Finally on the ground floor the west-facing double bedroom has an en-suite shower room comprising a white WC and wash hand basin plus a wet-wall lined corner shower with glazed screen / door. Heated towel rail.

The pine staircase which is light lit by a Velux window with integral blind, leads up to a large open carpeted landing on the first floor, lit by a second Velux window, again with integral blind, the landing providing space for a study area. A large walk-in cupboard provides yet more storage space plus there is access to the eaves. Off the landing are two similarly sized carpeted double bedrooms, the room to the right enjoying a great open elevated view.

The interior of the property is attractively finished with pine panelled doors and pine finishes to the skirtings, door surrounds etc.

Rooms Sizes (All approximate)

On the Ground Floor:-

Living Room

5m x 3.65m (16'4" x 11'11")

Kitchen / Diner

3.65m x 2.7m (12' x 8'10")


2.7m x 2.15m (8'9" x 7'1")

Bedroom 1

3.8m x 2.65m (12'6" x 8'8")

En-suite Shower Room

1.9 x 1.45m (6'3" x 4'9")

Utility Room

2.7m x 2.35m at widest points including cupboard (8'10" x 7'9")

On the First Floor:-

Bedroom 2 (right)

4.65m x 2.7m (floor area) (15'3" x 8'10")

Bedroom 3 (left)

4.65m x 2.65m (floor area) (15'3" x 8'8")


The property sits in a fenced garden area, the site being mainly grassed. A path from the parking area leads to the front door and a small lockable external store beside it. A lockable external door at the rear of the property provides access to a substantial basement store measuring overall approximately 7.6 metres x 3.6 metres (25’ x 11’9”) with a floor-to-ceiling height of approximately 2.1 metres (6’10”). This provides a huge amount of easily accessible storage space and has power & lighting and a cold water tap, and also houses the central heating boiler and ‘Megaflo’ hot water tank.

Council Tax

Understood to currently be Band D. Prospective purchasers should however contact Shetland Islands Council directly for confirmation. Details of Council Tax rates can be found on Shetland Island Council’s website at:

Property location

Pegasus Place is situated off Ladies Drive at Gremista on the north side of Lerwick. To locate the property drive to the roundabout at Gremista and turn up the hill into Gremista Brae / Ladies Drive. Continue up the road past the brightly coloured Gremmasgaet, Stocketgaet & Norgaet houses on the right. Pass the turning left into Unicorn View and turn immediately left into Wista / Cunningham Way. Pass Unicorn Court, the first small cul-de-sac on the left, and turn next left into Pegasus Place. No.3 is the second house in on the left.


Important Information for Prospective Purchasers

This schedule is intended only to help you decide whether to view the property. We always recommend you view the property personally.

The information is believed to be correct, but it is not warranted and is not to form part of any contract of sale. All dates, distances, areas and room sizes noted are approximate and for use as a general guide only. Prospective purchasers should satisfy themselves as to the working condition or otherwise of any equipment such as central heating or kitchen appliances.

This schedule should not be taken as a comment on the condition of the property. This is a matter for your surveyor and we recommend that once you have found a property you are interested in, you obtain a survey report. We can provide details of surveyors if required.

Interested parties are advised to note their interest through their solicitor as soon as possible so that they can be informed if a closing date is fixed. Noting interest does not place any obligation on the seller to set a closing date or to give any noted interests the opportunity to offer. Whilst every effort will be made to advise noted interests of any closing date set, this cannot be guaranteed.

No responsibility will be accepted for expenses incurred by parties who have noted interest but do not get an opportunity to offer, or for any expenses incurred traveling to properties which have been sold or withdrawn.

Again thank you for your assistance so far, I couldn’t have asked for better giving the country wide situation so I’m very grateful for works done so far and the speed at which it has happened.
Russell Smith
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3 Pegasus Place, Lerwick, ZE1 0NZ
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3 Pegasus Place, Lerwick, ZE1 0NZ