1-bedroom flat · KW14 8RE
For saleListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This historic building on the outskirts of Thurso has previously been restored and converted into 6 unique flats. Number 6 is a 1 bedroom property over 2 levels.
It has rural views overlooking Oldfield Farm. The location is a 15 minute walk to the town centre and is conveniently located close to a local hotel/restaurant and a supermarket.
Thurso offers all the usual amenities including GPs, dentists, bus and train links and primary and secondary schools. Electric heating. Council tax band A and Energy Performance Certificate rating D.
Ideal purchase, as a ‘buy to let’ property, as this property has been a rental for a number of years and has been very popular with tenants.
For a Home Report and the 360 tour, please go to our website What3Words: ///harmony.highlighted.thrashed Hall (11' 6'' x 9' 2'' (3.5m x 2.8m)) There is a communal entrance hall.
A wooden door leads into the property hall. The hall has white walls and carpets. There is a storage cupboard under the stairs and a door to the lounge/kitchen.
Kitchen (15' 9'' x 13' 1'' (4.8m x 4.0m)) The living space is open plan with space for cooking, dining and living.
The room provides plenty worktop space, kitchen storage and appliances including an electric hob and built in oven. There is space for two under counter appliances and a free standing fridge freezer.
The living space allows for space for a small dining table and sofa. There are two windows, one of which overlooks the fields to the west. Floors are a wood effect laminate.
Walls are an off white colour. Wood effect kitchen units with a dark top and matching splashback.
Landing (3' 3'' x 2' 4'' (1.0m x 0.7m)) The landing has two large cupboards and access to the bathroom and bedroom. Finished in the same light carpet and white colour scheme as the hallway downstairs.
Bathroom (14' 5'' x 5' 7'' (4.4m x 1.7m)) The bathroom is an L-shaped space with a large velux window. There is a white bathroom suite consisting of bath, sink and toilet.
There is an electric shower over the bath, lined with a white wet wall. Floor is a grey tile effect vinyl with white walls.
Bedroom (16' 1'' x 11' 2'' (4.9m x 3.4m)) This is a bright room with 2 large velux windows to the north and south. The room is very large with a built in wardrobe with white sliding doors.
Decor has a modern feel with white ceiling and coombs and off white walls and wood trims. This is paired with a light coloured carpet.
Gardens The outside space is communal with plenty parking to the front and rear of the building. There is a green to the side and some established trees to the north.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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.
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About 6 Oldfield House, Burnett Place, Thurso
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