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15 Macleod Road, Wick, Caithness KW1 - Image 1
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15 Macleod Road, Wick, Caithness KW1

Scotland

£80,000

Listed on 15/05/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
796 sqft

Description

This two-bedroom house in Wick presents an excellent opportunity for first-time buyers or investors looking to tap into the local rental market. Located just a short ten-minute stroll from the town centre, the property features spacious rooms equipped with built-in storage on the upper floor. The interior is predominantly white, providing a neutral backdrop that allows for personalisation and design creativity. The kitchen has been recently upgraded, boasting modern cabinets and anti-slip vinyl flooring, making it functional while still leaving room for further enhancement. The living room, also generous in size, overlooks the back garden and offers ample space for furnishing arrangements. An air source heating system has been installed within the last year, improving energy efficiency and reducing heating costs. On the first floor are two good-sized bedrooms, both with built-in cupboards. The bathroom is equipped with essential amenities, including an over-bath shower and modern fixtures, although there may be potential for additional upgrades. Outside, the property features manageable gardens at both the front and back, complete with a block-built shed for extra storage or potential redevelopment. This residence offers a blank canvas with significant potential for renovation or modernization to add value. Situated conveniently near local conveniences and recreational spaces such as parks, this home provides not only comfort but also a strategic position in a community-focused area popular among tourists travelling along the NC500 route.

Investment Analysis

(KW1 area)

Below Market Value

This property is priced -11.5% below area average per sq ft

-11.5%
Potential saving
This Property
£101/sq ft
Area Average
£114/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£99,424
10% above area average per sq ft
Potential ROI
-5.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (KW1)

Area prices are falling by -4.7% over the last 12 months
3 year growth: 0.0%
5 year growth: +9.2%
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

15 Macleod Road, Wick, Caithness KW1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£302
Based on a loan of £60,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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