3 Bed Terraced House For Sale

** SALE BY AUCTION - 11 July 2024 - Timed Online Auction **

*** EXCELLENT INVESTMENT PROPERTY *** 3 bed terraced house over 2 floors. Located in an established and popular residential location in Wellington Avenue, Wick, Caithness. HOME REPORT VALUE OF £75,000. High demand rental area. PROPERTY COMPRISES: - GROUND FLOOR:- Entrance Hall, Living Room and Kitchen. FIRST FLOOR:- Landing, Three Bedrooms and Bathroom. Further benefits from a front and rear garden. EPC - E SALES EVIDENCE:- 67, Kinnaird Street, sold for £100,000 Apr 2024; 2, Bexley House, Bexley Terrace, sold for £190,000 Mar 20247, Wellington Avenue, sold for £78,500 Jun 2023. FREEHOLD PROPERTY. *** POTENTIALLY HIGH YIELD INVESTMENT OPPORTUNITY *** Realistic rent in the area £750pcm giving an annual income of £9,000 and offering a SUPERB YIELD OF OVER 17% if achieved for Guide price.

Wick is the main hub of Caithness providing administrative and community facilities including a general hospital, swimming pool, retail parks and Highland Council offices. The vibrant town centre hosts a diverse selection of traditional and contemporary shops, cafes, bars and restaurants. There are a number of primary schools within the area as well as a secondary school. A number of leisure activities are on offer for all ages varying from walks, history and culture, golfing and boat tours. The surrounding Caithness countryside is spectacular and diverse offering a range of inland and coastal pursuits and plenty of local wildlife. As such the area is extremely popular amongst tourists and those travelling towards the Islands further north. The town is also located on the lucrative NC500 Route. The harbour is a commercial port with an extensive marina complex with a developing leisure boat facility. Situated on the A99-A9, Wick is ideally linked between John O'Groats and Inverness and features rail links to the north and 103 miles south towards Inverness and beyond. Wick airport also offers a number of scheduled UK flights daily.

Auction Details
11 July 2024, 10am-3pm
Timed Online Auction

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