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See how verdicts work1-bedroom flat · KW1 5HB
Listing removedListed 394 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 very tastefully decorated one bedroom flat within very close proximity of Wick Marina.
This spacious property comprises of a fully fitted kitchen, a beautiful, well proportioned living room with space for a dining table and chairs. The generous bedroom is well proportioned.
The property also has a good-sized shower room which contains a large walk-in corner shower.
The flat is currently being used as a successful Airbnb and is situated just a short walk from both the Marina and local shops and amenities within the town of Wick.
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 a post office.
EPC - E Council Tax - A What3words;///diagram.strutting.stiff Vestibule 1.50m Max x 1.30m Max (4' 11" Max x 4' 3" Max) Accessed through a partially glazed UPVC door this bright vestibule has papered walls.
The flooring is vinyl and there is a light fitting. There is also a small storage cupboard that houses the electrics. Lounge 4.70m x 3.30m (15' 5" x 10' 10") The lounge is of good proportions.
There is a window to the front elevation. The walls have been papered and vinyl has been laid to the flooring. This room benefits from coving, a light fitting and ample power points throughout.
Doors lead to the kitchen, bedroom, bathroom and a storage cupboard.
Kitchen 3.30m x 2.00m (10' 10" x 6' 7") This bright modern kitchen has grey base units with dark grey laminate worktops, and a dark grey splash back.
There is a sink with drainer, integral induction hob as well as space for a fridge, washing machine and tumble dryer. The walls have been painted grey and the flooring is laminate.
This room also benefits from an extractor fan, and a light fitting. A window can also be found to the front elevation.
Bedroom 3.60m x 3.30m (11' 10" x 10' 10") This spacious bedroom has grey painted walls and the flooring is vinyl. There is a window to the side elevation.
This room also benefits from ample power points throughout and a light fitting. Bathroom 2.00m x 1.70m (6' 7" x 5' 7") This modern bathroom has a w.c. and a triton electric shower.
The walls have been painted grey and the flooring is vinyl. There is a modern heated towel rail and a pedestal sink. This room also benefits from an extractor fan and a light fitting.
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.
Area
Agent & docs
FAQ
About Harbour Terrace, Wick, Highland. KW1 5HB
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