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See how verdicts workDetached house · KW3 6AH
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Harbour Master's House is a ‘C’ listed stone building, dating from the early to mid-19th century offering superb views over the historic Lybster Harbour and out to sea.
The property is in need of renovation, but has electricity and water led to it and a restored slate roof. The inside is exposed stonework and wooden beams and there is outdoor space for parking.
Originally the property had accommodation on two levels, with living accommodation upstairs and two rooms for the Fisheries office downstairs.
This two up, two down layout is classically seen in many cottages across the Highlands, and could be restored here.
Alternatively a contemporary renovation could result in something really unique, incorporating the large plot which includes a derelict stone building.
Lybster Harbour dates back to the early 1800s when it was a major herring port and home to around 300 boats.
The property is in an ideal situation to take in views over the harbour, including the iconic Stephenson-built lighthouse at the end of the pier and walks up to Swiney Hill and the historic Brethren Well.
The doorway used for the living accommodation, was on the south-facing façade and could be reinstated.
There is a fenceline around the property, but the boundary is larger than this, and an exact boundary can be obtained from Pollard Property.
Lybster is a small former fishing village on the east coast of the Highlands, on the North Coast 500 route, attracting tourists year-round.
It has a strong sense of community, with many clubs, several amenities including a village shop, Post Office, gp surgery, primary school, two cafes and a fishing museum. For more information visit .
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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 The Harbour Masters House, Harbour Road, Lybster
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