1-bedroom flat · KW14 8AS
Listing removedListed 77 days
Opportunity summary
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About
Flat 3 The Maltings is an opportunity to purchase an established holiday let property in the heart of Thurso. The property would also suit first time buyers or prospective buy to let landlords.
Accommodation includes an open plan living space, kitchen, shower room and bedroom. Fully electric heating and hot water on demand. Council Tax Band A and Energy performance certificate E.
For a Home Report and the 360 tour, please go to our website What3Words ///snacks.refills.fallback Open Plan Living (17' 9'' x 9' 10'' (5.4m x 3.0m)) A half glazed wooden front door leads from the stairwell to the open plan living space with carpeted floors, light painted walls and pine joinery.
The partition to the kitchen has been opened out to provide an open plan feel to the property. There are twin windows overlooking Couper Square.
Kitchen (12' 6'' x 5' 7'' (3.8m x 1.7m)) A fully equipped galley kitchen kitted out with white cabinets, worktops and tiled splashback.
Appliances include electric hob and oven, extractor, fridge, washing machine and tumble drier. The stainless steel sink has a mixer tap.
Floors are a green tile effect vinyl and decor is light all round. There is access to the shower room and bedroom.
Shower Room (6' 11'' x 5' 3'' (2.1m x 1.6m)) The shower room includes an enclosure with electric shower, toilet and vanity with oval sink and tiled surround.
The same green vinyl flooring as the kitchen continues in the shower room. There is an electric towel radiator and fan heater.
Bedroom (11' 6'' x 9' 10'' (3.5m x 3.0m)) The bedroom is bright with two windows. Decorated in modern blue colour schemes and light brown carpet.
Shared Area There is a communal stairwell giving access to 3 separate flats. The stairwell is well lit with motion sensitive lights. The front door is key operated for added security.
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
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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 Flat 3 The Maltings, Couper Square, Thurso
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