2 Bed Flat, Single Let, Wishaw, ML2 0AN, £74,000

18 Kyle Quadrant, Wishaw, ML2 0AN - 1 views - 2 months ago

Sold STC
BTL
ROI: 14%
~73 m²
+7 photos

ValuationFair Value

Sold Prices£25K - £118.5K

 

 

Square Metres

~73 m²

Value Estimate

£74,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,500

Stamp Duty & Legal Fees

£4,900

Total Cash In

£23,400

 

 

Cash Out

 

Rent Range

£595 - £895

Rent Estimate

£650

Running Costs/mo

£381

Cashflow/mo

£269

Cashflow/yr

£3,225

ROI

14%

Gross Yield

11%

Local Sold Prices

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

PriceDateDistanceAddressBeds 
£63K06/210.07 mi12a, Oakbank Avenue, Wishaw, Lanarkshire ML2 0AL2
£60K06/210.09 mi16a, Clarendon Road, Wishaw ML2 0AW2
£72K06/210.3 mi173, Netherton Road, Wishaw, Lanarkshire ML2 0BS2
£72K06/210.44 mi4, Goldcrest Court, Wishaw, Lanarkshire ML2 0JE2
£70K08/240.45 mi29 Goldcrest Court, Millbank Road, Wishaw, Lan ML2 0JE2
£25K04/240.73 mi99, Winning Quadrant, Wishaw, Lanarkshire ML2 7TS2
£118.5K09/210.73 mi56, Broad Cairn Court, Motherwell, Lanarkshire ML1 2PE2
£74K07/210.74 mi131, Marshall Street, Wishaw, Lanarkshire ML2 7NR2
£56.5K11/210.79 mi3, Sidlaw Drive, Wishaw, Lanarkshire ML2 7PP2
£63.5K05/210.79 mi11, Sidlaw Drive, Wishaw, Lanarkshire ML2 7PP2
£83K11/210.79 mi70, Miller Street, Wishaw ML2 7BB2
£60K02/210.83 mi7, Cleland Road, Wishaw, Lan ML2 7PH2
£83K05/210.83 mi17, Anderson Court, Wishaw, Lanark ML2 7PD2
£72.5K09/210.86 mi111, Russell Street, Wishaw, Lanark ML2 7AP2
£85K08/240.87 mi7, Cheviot Crescent, Wishaw, Lan ML2 7PN2
£107K04/210.87 mi75b, Belhaven Terrace, Wishaw, Lanarkshire ML2 7AY2
£85K06/210.87 mi55, Cheviot Crescent, Wishaw, Lanarkshire ML2 7PN2
£65K11/210.9 mi6, Glencairn Avenue, Wishaw, Lanarkshire ML2 7RG2
£69K05/210.95 mi59, Russell Street, Wishaw, Lanarkshire ML2 7AL2
£110K04/240.98 mi1, Whinny Burn Court, Motherwell, Lanarkshire ML1 2LW2

Local Rents

22 rents from £595/mo to £895/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£79506/240.22 mi-2
£79505/240.22 miMid Carbarns, Wishaw, ML22
£70012/240.46 mi-2
£75001/250.46 mi-2
£89512/240.61 mi-2
£70012/240.78 mi-2
£80012/240.82 miCairnwell Gardens, Motherwell2
£65010/230.83 mi-2
£65007/240.83 mi-2
£67502/250.85 mi-2
£70004/250.86 mi-2
£65007/240.87 mi-2
£69505/240.92 miMuirhouse Road, Motherwell, Lanarkshire, ML12
£70008/240.94 mi-2
£79505/240.96 miMain Street, Wishaw, Lanarkshire, ML22
£80003/250.98 mi-2
£59506/240.99 mi57 Main Street, Wishaw, ML2 7AB2
£65006/241.05 miWellington Street, Wishaw, ML22
£69506/241.08 miLinnhe Crescent, Wishaw, Lanarkshire, ML22
£75007/241.12 mi-2
£85007/241.19 mi-2
£69506/241.22 miWellington Street, Wishaw2

Local Area Statistics

Population in Wishaw

40,577

Town centre distance

1.55 miles away

Nearest school

0.10 miles away

Nearest train station

0.72 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £74,000

February 18, 2025

Floor Plans

Description

Nestled in the tranquil Kyle Quadrant of Wishaw, this charming ground floor flat offers a delightful retreat in a peaceful cul-de-sac setting. With two well-proportioned bedrooms, this property is ideal for small families, couples, or individuals seeking a comfortable living space.

Upon entering, you are welcomed into a spacious hallway with storage, reception room that provides a perfect area for relaxation and entertaining. The flat features a well-appointed bathroom, ensuring convenience for daily routines. The layout is thoughtfully designed to maximise space and light, creating a warm and inviting atmosphere throughout.

One of the standout features of this property is the private garden, which offers a serene outdoor space for gardening enthusiasts or those who simply wish to enjoy the fresh air. Additionally, the outer house storage provides practical solutions for keeping your belongings organised. The shared drying area is a useful amenity.

The location is particularly appealing, as it combines the tranquillity of a quiet area with the convenience of nearby amenities. Residents can enjoy the benefits of a peaceful lifestyle while still being within easy reach of local shops, schools, and transport links.

This flat presents an excellent opportunity for anyone looking to settle in a lovely community. With its combination of comfort, outdoor space, and a desirable location, this property is not to be missed.

Agent Details

Empire Property, Wishaw

01698 758967

Next Steps?

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