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Site 1, Canisbay, Wick, Highland. KW1 - Image 1
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Site 1, Canisbay, Wick, Highland. KW1 - Image 3
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Site 1, Canisbay, Wick, Highland. KW1 - Image 5

Site 1, Canisbay, Wick, Highland. KW1

Scotland

£50,000

Listed on 11/06/2026

Property details

Bedrooms
N/A
Type
Land

Description

This extensive L-shaped plot, covering three-quarters of an acre, presents a unique opportunity for those looking to invest in land with significant potential. Elevated above the surrounding area, it offers impressive views of both the sea and the countryside. The current owners have established a post and rail fence demarcating this plot from another available site. The access road, constructed using fibre reinforced concrete in compliance with highway specifications, ensures durability and convenience. With mains sewage and water connections already accessible, along with nearby BT and electric utilities, the groundwork for development is well laid out. Planning permission has been granted (25/01730/ful) for an upscale four-bedroom detached bungalow complemented by a spacious 12m x 8m garage workshop. This property is ideal for anyone wishing to create their dream home in a picturesque setting that is close to essential amenities such as schools, healthcare facilities, and local hotspots like John O' Groats and Thurso.

Investment analysis

(KW1 area)
Area Average
£114/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (KW1)

Area prices are stable by -0.9% over the last 12 months
3 year growth: +6.3%
5 year growth: +12.3%
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

Site 1, Canisbay, Wick, Highland. 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
£189
Based on a loan of £37,500 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

This calculation uses non-residential (land/commercial) tax rates.

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