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See how verdicts workHouse · KW5 6DU
For saleListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Yvonne Fitzgerald is delighted to bring to the market this fantastic owner-occupied croft, set in a truly stunning rural location with panoramic countryside and sea views.
Extending to approximately 14.8 acres, this substantial croft offers an exceptional opportunity for those seeking a lifestyle property with significant potential.
The existing building on site requires renovation; however, planning had been submitted to demolish the current structure and replace it with a new dwelling (Ref: 25/00575/pip), allowing a purchaser to create a bespoke home in this beautiful setting.
The croft enjoys breathtaking open views across the surrounding countryside, with the added benefit of distant sea views, providing a peaceful and picturesque environment.
There is an electrical pylon located nearby, offering ease of connection to mains electricity, while drainage will require the installation of a new septic tank.
Registered under Crofting Number C0746, this is a rare opportunity to acquire a generous landholding in an idyllic location, ideal for those looking to embrace rural living while developing a home to their own specification.
Additonal interior photos can be given upon request The Royal Burgh of Wick is the most northerly town on the East Coast of Caithness and is on the very popular North Coast 500 (NC500) tourist route.
The town offers multiple stores such as Tesco, Boots, Superdrug, Argos, and B&M, as well as banks and a post office.
The house is within easy driving distance of all amenities, including the hospital and doctor's surgery.
There are many leisure opportunities, including a popular golf course, squash club, and public swimming pool/gymnasium.
The town also boasts an airport with links to Inverness and Aberdeen and has good rail and coach services, as well as being close to ferry terminals with frequent daily services to Orkney.
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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 Croft, Upper Smerral, Latheron
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