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See how verdicts work1-bedroom flat · KW1 5HQ
Listing removedListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroomed, ground floor flat which benefits from oil fired central heating, double glazing and stunning views towards the North Sea.
Property Located in the established town of Wick and within walking distance to the town centre, this deceptively spacious one bedroomed ground floor flat has double glazed windows, oil fired central heating, stunning views and a shared rear garden.
The accommodation is accessed through a secure communal entrance, and would make an ideal purchase for first time buyers, buy-to-let investors or the elderly alike, and viewing is highly recommended to fully appreciate the accommodation within as well as its location.
Upon entering the property lies an entrance hall (with a storage cupboard) off which can be found, a utility cupboard, a kitchen, a bright and generous lounge, a double bedroom which has a fitted wardrobe and a shower room.
The kitchen overlooks the rear garden and is fitted with wall and base mounted units with worktops and splashback tiling, a stainless steel sink with mixer tap and drainer, and the integrated good include a fridge-freezer, an electric oven and hob with extractor fan over, and included in the sale is the washing machine.
The shower room is fitted with a three piece suite comprising a WC, a wash hand basin and a shower cubical with mains shower.
Externally, there is a communal rear garden which is enclosed by timber fencing and is laid to gravel and on street parking is located to the front elevation The Royal Burgh of Wick is the most northerly town on the East Coast of Caithness and is on the very 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 Shower Room (approx 1.87m x 1.74m (approx 6'1" x 5'8")) Bedroom One (approx 3.52m x 3.24m (approx 11'6" x 10'7")) Lounge (approx 4.24m x 3.51m (approx 13'10" x 11'6")) Kitchen (approx 3.28m x 2.86m (approx 10'9" x 9'4")) Utility Cupboard (approx 1.87m x 1.47m (approx 6'1" x 4'9")) Services Mains electricity, water, and drainage.
Extras All carpets, fitted floor coverings, curtains and blinds. Heating Oil fired 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 - £50,000.
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.
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
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FAQ
About 4, Bexley Terrace, Wick
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