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Moray Street, Wick KW1 - Image 1
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Moray Street, Wick KW1

Scotland

£90,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced house presents a strong opportunity for renovation and development, positioned conveniently within walking distance of local amenities and the town center. With its spacious layout and potential for modernization, this property is ideal for those looking to invest in a home with promising upside. The accommodation is spread across two levels, featuring an entrance hallway that leads into a generous living room, perfect for comfortable everyday living. The large kitchen/diner provides ample space for culinary adventures and social gatherings. A shower room and boiler room are also found on the ground floor, enhancing the home's functionality. Additionally, there's a utility room that offers access to a substantial attic space, which holds potential for conversion into extra living areas—subject to necessary planning permissions. Upstairs, you'll find two well-sized bedrooms along with a convenient WC off the landing. The property's outdoor space includes a sheltered rear garden, ideal for those seeking a private retreat or potential landscaping projects. The attached garage is accessible via a shared driveway from the side of the neighboring property, providing off-street parking options as well. This property not only benefits from oil central heating and double-glazed windows but also has significant potential for further enhancement and customization. Given its favorable location and structural advantages, it represents an excellent investment opportunity worth exploring through a viewing.

Investment Analysis

(KW1 area)
Area Average
£109/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (KW1)

Area prices are rising by +6.6% over the last 12 months
3 year growth: 16.4%
5 year growth: 23.1%
Investment Disclaimer: Analysis based on KW1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Moray Street, Wick KW1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£330
Based on a loan of £67,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE