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See how verdicts work2-bedroom terraced house · KW1 5QF
Listing removedListed 527 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in an excellent location, being only a short walk to local amenities and the town centre is this attractive and spacious two-bedroom terraced house, with rear garden, attached garage and off-street parking.
In need of modernisation this property offers great potential for further development (subject to suitable planning consents) and benefits from oil central heating and double-glazed windows.
Spread over two levels accommodation comprises entrance hallway, inner hall, generous living room, large kitchen/diner, shower room and boiler room.
The utility room offers access to the substantial attic space which would be ideal for conversion into further living space, while the rear vestibule offers access to the garage.
Upstairs off the landing is a convenient WC, and two bedrooms. Outside is a sheltered garden to the rear and the garage is accessed via a shared driveway to the side of the neighbouring property.
An excellent investment/development opportunity viewing is highly recommended.
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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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.
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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
Agent & docs
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FAQ
About 2, Moray Street, Wick
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