We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · KW1 4DY
For saleReduced £12k (−16.7%) on 20 OctListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime new listing. We are excited to present this vacant two-bedroom house located within a prime location in Wick.
The property comprises a welcoming layout including two bedrooms, a kitchen, a living room and a bathroom.
As the property is vacant, it offers a potential rental income of £750 to £800 per month (£9,000 to £9,600 per annum), making it an attractive opportunity for buy-to-let landlords seeking a readily lettable addition to their portfolio.
Equally, it is well suited to first-time buyers, small families, those looking to downsize, or new owners wishing to move in and personalise the home to their own taste.
The property could lend itself well to use as accommodation, subject to all necessary research and permissions being obtained.
The property could potentially achieve between £170 and £210 per night if operated as serviced accommodation. The property is being offered at a fantastic discount to ensure a sale.
It should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area: **6 Dunnet Avenue sold for £113,000; 12 Dunnet Avenue sold for £96,000** This lot is open to immediate offers.
Should you wish to offer now, you can do so via our "Offer now" button on our website. This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Wick is a well-established coastal town in Caithness that offers a strong blend of convenience, character and everyday practicality.
The area benefits from a range of local shops, supermarkets, cafés and essential services, making day-to-day living straightforward for residents and attractive for tenants.
There are schooling options nearby, along with open green spaces and coastal surroundings that add to the appeal for families and those seeking a relaxed lifestyle.
Wick also benefits from transport links by road and rail, with access north and south across the Highlands, making it a popular choice for professionals, local families and investors alike.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 27, Dunnet Avenue, Wick
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