2 Bed Flat, Single Let, Wishaw, ML2 9AD, £75,000

Braedale Crescent, Newmains, ML2 9AD - 2 views - 2 months ago

Under Offer
BTL
ROI: 11%
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£36K - £139.5K

 

 

Square Metres

~68.11 m²

Value Estimate

£72,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£475 - £895

Rent Estimate

£573

Running Costs/mo

£369

Cashflow/mo

£204

Cashflow/yr

£2,448

ROI

11%

Gross Yield

9%

Local Sold Prices

31 sold prices from £36K to £139.5K, average is £69.5K.

PriceDateDistanceAddressBeds 
£70K08/210.06 mi83, Braedale Crescent, Newmains, Wishaw, Lanarkshire ML2 9AQ2
£93.5K07/210.48 mi22, Kildare Place, Newmains ML2 9FB2
£89.5K07/210.48 mi4, Kildare Place, Newmains, Wishaw ML2 9FB2
£79K04/210.52 mi19, Westwood Road, Newmains, Wishaw, Lanarkshire ML2 9DA2
£82K12/210.57 mi3, Walkers Court, Newmains, Wishaw, Lanarkshire ML2 9EY2
£60K11/210.61 mi1, King Street, Newmains, Wishaw, Lanarkshire ML2 9EH2
£71K08/240.61 mi22, King Street, Newmains, Wishaw, Lan ML2 9EH2
£73K06/210.63 mi2, Darragh Green, Newmains, Wishaw, Lan ML2 9BU2
£80K08/210.75 mi21, Manse Mews, Newmains, Wishaw, Lanarkshire ML2 9BZ2
£69.5K05/210.92 mi20, Kildonan Court, Newmains, Wishaw, Lanarkshire ML2 9DL2
£38.5K03/210.93 mi14, Kildonan Court, Newmains, Wishaw, Lanarkshire ML2 9DL2
£48K08/241.15 mi88, Eastmuir Street, Wishaw, Lan ML2 8PX2
£36K12/211.39 mi39, Wilson Road, Shotts ML7 5AR2
£53.6K07/211.4 mi17, Hawthorn Place, Shotts, Lanarkshire ML7 5BA2
£66K05/211.45 mi1, Coltness Avenue, Shotts ML7 5AN2
£59K07/211.51 mi3, Kingshill Road, Shotts, Lanarkshire ML7 5AL2
£60K12/201.51 mi26, Kingshill Road, Shotts, Lanarkshire ML7 5AL2
£60K02/211.52 mi31, Thrashbush Road, Wishaw, Lan ML2 8LN2
£50K09/211.57 mi16, Houldsworth Crescent, Shotts, Lanarkshire ML7 5AJ2
£139.5K10/211.57 mi201, Allanton Road, Shotts, Lanarkshire ML7 5AH2
£39K04/211.57 mi212, Allanton Road, Shotts, Lanarkshire ML7 5AH2
£52K03/211.57 mi200, Allanton Road, Shotts, Lanarkshire ML7 5AH2
£114.6K06/211.61 mi513, Wishaw Road, Wishaw, Lanarkshire ML2 8EY2
£42K06/241.89 mi55, Beechwood Crescent, Wishaw, Lanarkshire ML2 8JF2
£71K06/211.91 mi94, Waverley Drive, Wishaw, Lanarkshire ML2 7DR2
£67K03/211.91 mi106, Waverley Drive, Wishaw, Lanarkshire ML2 7DR2
£70K05/211.92 mi105, Ivanhoe Crescent, Wishaw, Lanarkshire ML2 7DT2
£75K10/211.95 mi22, Reynolds Path, Wishaw, Lanarkshire ML2 8AY2
£68K02/211.95 mi14, Reynolds Path, Wishaw, Lanarkshire ML2 8AY2
£75K01/211.96 mi6, Banchory Road, Wishaw, Lan ML2 7YX2
£93K12/211.98 mi11, Berriedale Quad, Wishaw ML2 7YY2

Local Rents

15 rents from £475/mo to £895/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£55007/230.32 mi-2
£69502/250.32 mi-2
£65012/230.34 mi-2
£65012/230.34 mi-2
£70012/230.59 mi-2
£72506/230.59 mi-2
£82504/250.7 mi-2
£89510/240.74 mi-2
£85007/240.79 mi-2
£47504/230.89 mi-2
£59506/240.92 mi5 Kildonan Court, Newmains, Wishaw, ML2 9DL2
£69506/240.92 mi13 Kildonan Court Wishaw ML2 9DL2
£79006/241.1 mi-2
£72508/241.1 mi-2
£79003/241.1 miBaillie Gardens, Wishaw, ML22

Local Area Statistics

Population in Wishaw

40,577

Town centre distance

1.79 miles away

Nearest school

0.60 miles away

Nearest train station

1.92 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £75,000

February 13, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • Central Location +
  • Fantastic Room Sizes +
  • Gorgeous Bathroom +
  • Immaculate Presentation +
  • Sought After Location +
  • Walk-in Condition +
  • 3D Virtual Tour Available +

Embrace this chance to make a house a home, where every detail caters to a life of ease and elegance. This pristine two bedroom flat is a delightful find for first time buyers or those seeking to downsize without compromising on style and comfort.

Five things our current owners love about their home;

1. Good area.

2. Close to amenities.

3. Good local schools.

4. Safe community.

5. Good transport links.

As you cross the threshold, be greeted by a generous lounge, radiating warmth and charm with its inviting feature fireplace a quintessential spot to create cherished moments. Modern herringbone flooring underfoot and tasteful, neutral decor throughout the kitchen set the stage for culinary exploits, with plentiful cupboard space and a quaint dining nook ensuring both functionality and flair.

Retire to the master bedroom, offering ample dimensions to accommodate a plush double bed and additional furnishings with ease. The second bedroom, equally well-proportioned, comes complete with built-in wardrobes, presenting a versatile space that can effortlessly transition from a tranquil home office or chic dressing room to a cosy guest retreat.

A contemporary bathroom adorned with neutral tiles and a refreshing shower suite provides a perfect sanctuary to unwind.

Step outside to discover the expansive back garden, boasting a charming summer house where you can savour tranquil summer evenings in a personal oasis.

Nestled in a highly sought after locale, this captivating flat promises an enviable lifestyle.

Say YES to the address @uploadabode

what3words /// blurts.minivans.escapes

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Upload Abode, Lanarkshire and Glasgow

01698 538778

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪