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See how verdicts work3-bedroom detached house · KW1 4YB
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This registered croft, which extends to approximately 3.2 acres and includes a three-bedroom detached property, is perched above Gills Bay harbour (which offers regular ferry crossing to Orkney) and offers outstanding sea and coastal views including the Pentland Firth, Stroma, Orkney Isles and Muckle Skerry yonder.
Space heating is provided by means of electric radiators throughout the property, and there is uPVC windows and doors.
Enjoying superb views from all elevations the property is in need of modernisation and accommodation to the ground floor comprises large entrance porch, hallway, living room with open fire, spacious kitchen/diner, bathroom and bedroom.
Upstairs off the landing are two double bedrooms and a further room that would be ideal for conversion to a fourth bedroom or additional bathroom subject to suitable planning consents.
Outside are open plan and enclosed gardens and a large detached stone outbuilding.
A small drive offers off-road parking, and there is ample space for a garage or further development again subject to suitable planning consent.
A comfortable commute from both Thurso (16 miles approx.) and Wick (18 miles approx.), and with no onward chain viewing is highly recommended to appreciate all this property offers.
The floor coverings, curtains and blinds as fitted are included in the sale.
Croft Registration Croft Number: C424 Crofting Commission Number: C1275 Location A rural location overlooking Gills Bay, and close to John o’Groats.
A small rural farming community with a nineteenth century church occasionally used by the Royal Family as it is the nearest to the former Queen Mothers holiday home the Castle of Mey.
There is a local shop, primary school, youth hostel and a medical centre. Wick and Thurso approximately 25 minutes’ drive provides full shopping, professional and medical facilities.
From Wick there are regular connecting bus, train and air services and Inverness is within approximately two hours’ drive. John o' Groats offers hotels, general store and a number of tourist shops.
Offering magnificent views over the Pentland Firth towards Stroma and the Orkney Isles beyond there is a small harbour where local fishing boats tie up and a passenger ferry sails to Orkney.
John o' Groats is usually regarded as the most northerly settlement of mainland Great Britain. The actual location of the most northerly point, however, is at nearby Dunnet Head.
Duncansby Head has a large seabird population during the summer and there are great walks in the area including around Sannik beach and the Stacks of Duncansby can be visited.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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.
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FAQ
About Braes of Gills, Wick
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