0.5 Acre City Centre Site, Girnigoe Street, Wick KW14Hn KW1
Our summary
  • ** sale by auction - 22 January 2021 **
  • Superb development or investment opportunity- 0
  • 5 Acre of Land in prime town centre location behind Ex Job Centre & opposite ex Government hmrc offices with parking Town centre location with potential for change of use (subject to necessary consents) with massive potential for multiple uses including the potential as a residential development or commercial use
  • Huge potential- residential apartments or commercial use (Subject to investigating and gaining necessary consents) property priced for A quick auction sale- Please contact Edinburgh Sales office on for further information
  • Auction Details
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2 bed block of flats
32, 34, 36 & 38 Kennedy Terrace, Wick, Caithness KW1
Our summary
  • Sale by online auction 26th November 2020 at 9
  • ***Seldom brought to the market for sale ***Four Large Two bedroom cottage style flats*** super size circa 73 sq mt per flat***Two upper and two lower flats** Ideal for Holiday lets / 2nd homes or Investment Properties*** Great Location in Desirable Town*** Wick is located on the Iconic north route 500 driving route with attractions like castles, historic ruins & white-sand beaches*** Potential 15% Rental Yield at Guide Price***Sold as one lot in our online auction**
  • Estimated achievable rental levels (per flat) of £425pcm (£5100 per annum) on Scottish Private rented tenancies*** Potential for substantially higher income if rented on holiday lets***
  • ***A rarely Available Opportunity in a central location within a vibrant Town Centre*** Potential for 15%+ Rental Yield per flat*** The building was built circa 1950 and is of brick construction clad in blockwork and external insulation