2 Bed Flat, Single Let, Wishaw, ML2 7QG, £79,000

2 Campsie Road, Wishaw, ML2 7QG - 2 views - 2 months ago

Sold STC

BTL

ROI: 13%

~68 m²

+8 photos

ValuationFair Value

Sold Prices	£25K - £118.5K

Square Metres	~68.11 m²
Value Estimate	£78,750£78,750

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£19,750£19,750
Stamp Duty & Legal Fees	£3,570£3,570
Total Cash In	£23,320£23,320

Cash Out
Rent Range	£595 - £800£595 - £800
Rent Estimate	£650
Running Costs/mo	£397£397
Cashflow/mo	£253£253
Cashflow/yr	£3,038£3,038
ROI	13%13%
Gross Yield	10%10%

Local Sold Prices

32 sold prices from £25K to £118.5K, average is £72K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£56.5K	11/21	0.11 mi	3, Sidlaw Drive, Wishaw, Lanarkshire ML2 7PP	-	-	2	Flat
£63.5K	05/21	0.11 mi	11, Sidlaw Drive, Wishaw, Lanarkshire ML2 7PP	-	-	2	Flat
£85K	08/24	0.19 mi	7, Cheviot Crescent, Wishaw, Lan ML2 7PN	-	-	2	Flat
£85K	06/21	0.19 mi	55, Cheviot Crescent, Wishaw, Lanarkshire ML2 7PN	-	-	2	Flat
£60K	02/21	0.21 mi	7, Cleland Road, Wishaw, Lan ML2 7PH	-	-	2	Flat
£83K	05/21	0.22 mi	17, Anderson Court, Wishaw, Lanark ML2 7PD	-	-	2	Flat
£74K	07/21	0.22 mi	131, Marshall Street, Wishaw, Lanarkshire ML2 7NR	-	-	2	Flat
£83K	11/21	0.4 mi	70, Miller Street, Wishaw ML2 7BB	-	-	2	Flat
£107K	04/21	0.45 mi	75b, Belhaven Terrace, Wishaw, Lanarkshire ML2 7AY	-	-	2	Flat
£72.5K	09/21	0.54 mi	111, Russell Street, Wishaw, Lanark ML2 7AP	-	-	2	Flat
£69K	05/21	0.58 mi	59, Russell Street, Wishaw, Lanarkshire ML2 7AL	-	-	2	Flat
£70K	08/24	0.61 mi	29 Goldcrest Court, Millbank Road, Wishaw, Lan ML2 0JE	-	-	2	Flat
£72K	06/21	0.62 mi	4, Goldcrest Court, Wishaw, Lanarkshire ML2 0JE	-	-	2	Flat
£60K	06/21	0.64 mi	16a, Clarendon Road, Wishaw ML2 0AW	-	-	2	Flat
£50K	12/21	0.66 mi	5, Kirk Road, Wishaw, Lanarkshire ML2 7BL	-	-	2	Flat
£25K	04/24	0.66 mi	99, Winning Quadrant, Wishaw, Lanarkshire ML2 7TS	-	-	2	Flat
£63K	06/21	0.69 mi	12a, Oakbank Avenue, Wishaw, Lanarkshire ML2 0AL	-	-	2	Flat
£65K	11/21	0.71 mi	6, Glencairn Avenue, Wishaw, Lanarkshire ML2 7RG	-	-	2	Flat
£72K	06/21	0.74 mi	173, Netherton Road, Wishaw, Lanarkshire ML2 0BS	-	-	2	Flat
£57K	02/21	0.75 mi	24, Ivanhoe Crescent, Wishaw, Lan ML2 7DZ	-	-	2	Flat
£90K	04/21	0.8 mi	27, Devine Court, Wishaw, Lanarkshire ML2 7ES	-	-	2	Flat
£85K	09/21	0.8 mi	19, Devine Court, Wishaw ML2 7ES	-	-	2	Flat
£114.2K	04/24	0.82 mi	22, Auchenstewart Court, Wishaw, Lanarkshire ML2 7BU	-	-	2	Flat
£82.5K	07/21	0.82 mi	40, Auchenstewart Court, Wishaw, Lanarkshire ML2 7BU	-	-	2	Flat
£71K	06/21	0.9 mi	94, Waverley Drive, Wishaw, Lanarkshire ML2 7DR	-	-	2	Flat
£67K	03/21	0.9 mi	106, Waverley Drive, Wishaw, Lanarkshire ML2 7DR	-	-	2	Flat
£85K	06/21	0.9 mi	5, Harestone Road, Wishaw ML2 8DB	-	-	2	Flat
£70K	05/21	0.91 mi	105, Ivanhoe Crescent, Wishaw, Lanarkshire ML2 7DT	-	-	2	Flat
£93K	12/21	0.93 mi	11, Berriedale Quad, Wishaw ML2 7YY	-	-	2	Flat
£50K	08/21	0.93 mi	38, Craigneuk Street, Wishaw, Lanarkshire ML2 7XD	-	-	2	Flat
£75K	01/21	0.98 mi	6, Banchory Road, Wishaw, Lan ML2 7YX	-	-	2	Flat
£118.5K	09/21	0.98 mi	56, Broad Cairn Court, Motherwell, Lanarkshire ML1 2PE	-	-	2	Flat

Local Rents

10 rents from £595/mo to £800/mo, average is £700/mo.

Rent	Date	Distance	Address	Beds	Type
£700	04/25	0.27 mi	-	2	Flat
£650	10/23	0.39 mi	-	2	Flat
£650	07/24	0.39 mi	-	2	Flat
£700	08/24	0.46 mi	-	2	Flat
£700	12/24	0.47 mi	-	2	Flat
£795	05/24	0.51 mi	Main Street, Wishaw, Lanarkshire, ML2	2	Flat
£800	03/25	0.59 mi	-	2	Terraced House
£595	06/24	0.59 mi	57 Main Street, Wishaw, ML2 7AB	2	Flat
£700	12/24	0.61 mi	-	2	Flat
£750	01/25	0.61 mi	-	2	Flat

Local Area Statistics

Population in Wishaw	40,57740,577
Town centre distance	1.22 miles away1.22 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.45 miles away0.45 miles away

Rental growth (12m)	+14%+14%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £79,000

February 14, 2025

Floor Plans

Description

Well-presented two-bedroom upper flat situated within a popular residential area in central Wilshaw.

Accessed via a private door and stairwell, the flat boasts generous accommodation arranged over one level comprising of a welcoming entrance hallway with two storage cupboards, a spacious lounge, and a contemporary kitchen with a breakfast bar area. There is also a modern shower room, and two double bedrooms with fitted wardrobes/storage.

Additionally the flat benefits from gas central heating and double glazing.

Externally there are low-maintenance chipped gardens to the side and rear of the property, and a driveway providing off-street parking.

The property is only a short walk to the Town Centre, which provides a range of local amenities such as shops, bars and restaurants, healthcare facilities, a sports centre and mainline train station. Wishaw General Hospital is also only a few minute's away. The M74 and M8 motorway networks are easily accessible for commuters.