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See how verdicts work3-bedroom property · KW1 5HW
For saleReduced £10k (−12.5%) on 19 JulListed 326 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroomed semi-detached villa, benefiting from double glazed windows, gas central heating and a private driveway.
Property 31 Murchison Street is family sized, three bedroomed semi-detached villa and viewing is highly recommended to be able to appreciate the size of the accommodation on offer, as well as its established residential location.
The flexible accommodation is well-proportioned throughout and benefits from gas central heating, double glazed windows, and great storage.
Internally, the home requires a degree of modernisation but once complete will suit a variety of potential purchasers including first time buyers, young families and buy to let investors.
The ground floor comprises an entrance hall, a front facing lounge, a bedroom with fitted storage, kitchen/breakfast room and a rear vestibule which gives access to the rear elevation.
The kitchen has a cupboard and is fitted with wall and base mounted units with worktops, and has a stainless steel sink with taps and drainer.
Its also provides space for a free-standing cooker and has plumbing for a washing machine.
The first floor accommodation has a landing (with loft access) two double bedrooms, both having fitted storage facilities and the family bathroom.
This room is partially tiled and comprises a bathtub with electric shower over, a WC and a wash hand basin.
Externally, the property has gardens to the front, side and rear elevations, with the front elevation being laid to lawn and is enclosed by timber fencing.
A paved and gravel driveway lies to the side elevation, offering space for a number of vehicles. The rear elevation is combination of lawn and paved slabs, which is enclosed by timber fencing.
Sited here and included in the sale is a timber shed.
The Royal Burgh of Wick is the most northerly town on the East Coast of Caithness and is on the very the famous North Coast 500 (NC500) tourist route.
The vibrant town offers good shopping, with a number of stores including a Tesco Supermarket, Boots Chemist, Argos, Pets at Home, B&M and Argos.
There are many leisure opportunities including a golf course and squash club, plus a public swimming pool/gymnasium.
The property is within commuting distance of all amenities, including both Primary and Secondary Schooling, Caithness General Hospital and Doctors Surgery.
The town also boasts banks, a post office, and an airport.
Entrance Hall Lounge (4.41m x 4.44m (at widest point) (14'5" x 14'6" (at) Bedroom Three (2.64m x 3.29m (8'7" x 10'9" )) Kitchen/Breakfast Room (5.25m x 2.67m (17'2" x 8'9" )) Rear Vestibule (1.54m x 0.90m (5'0" x 2'11" )) Landing Bathroom (1.73m x 2.27m (5'8" x 7'5" )) Bedroom Two (4.33m x 2.84m (14'2" x 9'3" )) Bedroom One (4.49m x 3.42m (14'8" x 11'2" )) Services Mains water, gas, electricity and drainage.
Extras All fitted floor coverings, curtains and blinds. Heating Gas central heating. Glazing Double glazed windows throughout.
Council Tax Band B Viewing Strictly by appointment via Munro & Noble Property Shop - Telephone Entry By mutual agreement.
Home Report Home Report Valuation - £80,000 A full Home Report is available via Munro & Noble website.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 31, Murchison Street, Wick
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