2-bedroom flat · KW1 4NY
For saleListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate two bedroomed ground floor flat, that benefits from a double glazed, gas central heating and a shared garden.
Property Located in a quiet position to the rear elevation, this impressive two bedroomed ground floor flat rests in the vibrant town of Wick, and would make an ideal purchase for young professionals, first time buyers or those looking for a property with great rental potential.
Boasting its own independent access, gas central heating and double glazed windows, early viewing is highly recommended to fully appreciate the convenient location and the size of the accommodation within.
Inside the property features stylish cornicing and deep skirtings and is decorated with neutral tones giving a bright and fresh feel throughout, and hosts immaculate living space spread over one floor.
The flat consists of an entrance hall (with two storage cupboards), a bright and roomy lounge with open plan kitchen, a bathroom and two double bedrooms, with one of the bedrooms benefiting from a cupboard.
The kitchen overlooks the rear garden and is fitted with wall and base mounted units with worktops, and a stainless steel sink with drainer and taps.
Included in the sale is an under counter fridge, washing machine, a tumble dryer and an electric cooker.
Completing the accommodation is bathroom which is has a WC, a wash hand basin and wet-walled a shower cubical with electric shower.
5A Willowbank sits within a well-kept communal ground area and has a shared garden to the rear elevation which is enclosed by stone walling. On-street parking is to the front elevation.
The Royal Burgh of Wick is the most northerly town on the East Coast of Caithness and is located on the famous North Coast 500 (NC500) tourist route.
The vibrant town offers good shopping, with a number of stores including a Tesco Supermarket, Boots Chemist, Argos, Pets at Home, B&M, Screwfix and Lidl.
There are many leisure opportunities including a golf course and squash club, plus a public swimming pool/gymnasium.
The property is within commuting distance of all amenities, including both Primary and Secondary Schooling, Caithness General Hospital and Doctors Surgery.
The town also boasts a banking hub, a post office, and an airport.
Entrance Hall Lounge (approx 4.46m x 3.29m (at widest point) (approx 14') Kitchen (approx 4.04m x 2.14m (approx 13'3" x 7'0")) Bedroom One (approx 3.39m x 4.57m (approx 11'1" x 14'11")) Bathroom (approx 4.33m x 1.22m (approx 14'2" x 4'0")) Bedroom Two (approx 3.66m x 2.47m (approx 12'0" x 8'1")) Services Mains water, electricity, gas and drainage.
Extras All carpets, fitted floor coverings, curtains, blinds and white goods. Heating Gas central heating. Glazing Double glazed windows throughout.
Council Tax Band A Viewing Strictly by appointment via Munro & Noble Property Shop Telephone . Entry By mutual agreement.
Home Report Home Report Valuation - £67,000 A full Home Report is available via Munro & Noble website.
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.
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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 5A, Willowbank, Wick
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