3 Bed Semi-Detached House, Single Let, Wishaw, ML2 8QP, £99,500

Traquair Avenue, Wishaw, North Lanarkshire, ML2 8QP - 2 months ago

Sold STC
BTL
ROI: 8%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£76K - £326.2K

 

 

Square Metres

~93 m²

Value Estimate

£98,625

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,875

Stamp Duty & Legal Fees

£6,175

Total Cash In

£31,050

 

 

Cash Out

 

Rent Range

£500 - £1,500

Rent Estimate

£684

Running Costs/mo

£468

Cashflow/mo

£216

Cashflow/yr

£2,595

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £76K to £326.2K, average is £135.8K.

PriceDateDistanceAddressBeds 
£97K02/210.07 mi17, Greenlaw Avenue, Wishaw, Lanarkshire ML2 8QH3
£120.3K03/210.07 mi5, Greenlaw Avenue, Wishaw, Lanarkshire ML2 8QH3
£245.3K02/210.1 mi2, Laburnum Crescent, Wishaw, Lanarkshire ML2 7EH3
£87.6K05/210.17 mi16, Coldstream Crescent, Wishaw, Lanarkshire ML2 8QL3
£199.1K09/210.2 mi23, Mossbank Road, Wishaw, Lanarkshire ML2 8NB3
£105.5K03/210.21 mi13, Selkirk Street, Wishaw, Lanarkshire ML2 8RA3
£115K04/240.21 mi16, Selkirk Street, Wishaw, Lanarkshire ML2 8RA3
£170K11/210.22 mi70, Abbotsford Road, Wishaw, Lanarkshire ML2 7DJ3
£128.5K09/210.24 mi67, Kilmeny Crescent, Glasgow ML2 8QY3
£185.2K04/240.33 mi48, Abbotsford Road, Wishaw, Lanarkshire ML2 7DN3
£150K05/210.33 mi48, Abbotsford Road, Wishaw, Lanarkshire ML2 7DN3
£110K08/240.34 mi20, Denholm Drive, Wishaw, Lan ML2 8SH3
£138K08/210.34 mi35, St Andrew's Way, Coltness, Wishaw ML2 8SS3
£135.5K10/210.34 mi49, St. Andrew's Way, Wishaw ML2 8SS3
£136.1K08/210.42 mi9, Forest Park, Wishaw, Lanarkshire ML2 8PN3
£172K01/210.43 mi17, Mossneuk Crescent, Wishaw, Lan ML2 8LS3
£135.5K11/210.43 mi65, Ettrick Street, Wishaw, Lanarkshire ML2 7LE3
£135.3K12/210.45 mi2, Green Dale, Wishaw, Lanarkshire ML2 8XW3
£130.5K02/210.45 mi9, Green Dale, Wishaw, Lanarkshire ML2 8XW3
£233.1K06/240.46 mi31, Ivanhoe Crescent, Wishaw, Lanarkshire ML2 7DZ3
£155K06/240.47 mi24, Kenilworth Avenue, Wishaw, Lanarkshire ML2 7LS3
£148K09/210.47 mi62, Kenilworth Avenue, Wishaw, Lanarkshire ML2 7LS3
£130K08/240.47 mi49, Gala Crescent, Wishaw, Lan ML2 7JR3
£120K10/210.48 mi34, Greenfield Street, Wishaw, Lanarkshire ML2 8NY3
£90K11/210.48 mi36, Greenfield Street, Wishaw, Lanarkshire ML2 8NY3
£150K04/210.49 mi49, Devine Court, Wishaw, Lanarkshire ML2 7ES3
£140K04/210.49 mi2, Swallow Road, Wishaw, Lanarkshire ML2 7QS3
£82.5K12/210.5 mi29, Melrose Crescent, Wishaw, Lanarkshire ML2 7LG3
£195K03/240.53 mi23, Mossneuk Park, Wishaw, Lan ML2 8LR3
£95K04/210.57 mi24, Curlinghaugh Crescent, Wishaw, Lanarkshire ML2 8JR3
£235K03/240.6 mi128, Glen Road, Wishaw, Lan ML2 7NP3
£280K03/210.6 mi118, Glen Road, Wishaw, Lanarkshire ML2 7NP3
£155K02/210.62 mi21, Campbell Street, Wishaw, Lan ML2 8HT3
£125K04/210.71 mi60, Lewis Avenue, Wishaw, Lanarkshire ML2 8XF3
£91K08/240.72 mi84, Hawthorn Drive, Wishaw, Lan ML2 8JN3
£250K06/240.74 mi30, Glendorch Avenue, Wishaw, Lanarkshire ML2 8TF3
£326.2K06/240.77 mi54b, Belhaven Terrace, Wishaw, Lanarkshire ML2 7AY3
£150K04/210.8 mi83, Moss Road, Wishaw, Lanarkshire ML2 8QF3
£202K11/210.81 mi12, Fyneart Street, Wishaw, Lanarkshire ML2 8PL3
£169.8K08/210.82 mi1, Hillfoot Avenue, Wishaw, Lanarkshire ML2 8TN3
£99K08/240.83 mi2, Stonecraig Road, Wishaw, Lan ML2 8BZ3
£125K04/240.84 mi178, Branchalfield Drive, Wishaw, Lanarkshire ML2 8QE3
£125K04/240.84 mi26, Miller Street, Wishaw, Lanarkshire ML2 7BB3
£135K01/210.86 mi26, Fruin Drive, Wishaw, Lan ML2 8RG3
£150K12/210.87 mi40, Fruin Drive, Wishaw ML2 8RG3
£172K09/210.87 mi30, East Hamilton Street, Wishaw, Lanarkshire ML2 8BL3
£123K04/240.87 mi141, Caledonian Road, Wishaw, Lanarkshire ML2 8AT3
£105K12/210.88 mi4, Burnhall Road, Wishaw, Lanarkshire ML2 8DG3
£148K10/210.89 mi15, Harper Crescent, Wishaw ML2 8PQ3
£76K03/210.91 mi48, Bush Crescent, Wishaw, Lanarkshire ML2 8DQ3

Local Rents

19 rents from £500/mo to £1.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85012/240.12 mi-3
£85012/240.12 mi-3
£50006/240.15 miGreenlaw Avenue, Wishaw3
£77506/240.18 mi46 Coldstream Crescent, Coltness, Wishaw, ML2 8QL3
£89505/240.33 mi-3
£75008/230.44 mi-3
£57508/230.67 mi-3
£75006/240.71 miHawthorn Drive, Wishaw, ML23
£89510/240.76 mi-3
£1,20006/240.76 miFoulsykes Road, Wishaw, ML23
£79512/231.1 mi-3
£79512/231.1 mi-3
£1,50012/231.14 mi-3
£1,50001/241.14 mi-3
£1,50001/241.14 mi-3
£1,50001/241.14 mi-3
£79512/231.23 mi-3
£79512/231.23 mi-3
£89510/241.23 mi-3

Local Area Statistics

Population in Wishaw

40,577

Town centre distance

0.80 miles away

Nearest school

0.20 miles away

Nearest train station

0.95 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £99,500

February 24, 2025

Floor Plans

Description

  • EPC Rating - D +
  • Semi Detached +
  • Three Bedrooms +
  • Requires Some Modernising +
  • Close to School & Shops +
  • Ideal Starter Home +
  • Excellent Buy to Let Investment +

Located in a popular area, just a short walk to both primary and secondary schools, also local shops, which will make this property appealing to young families and investor/landlords. Having been rented out for the past 14 years, the property does require some modernising, as you would expect, all of which is reflected in the home report and attractive market price.

The garden is mainly lawn, with areas to both the front and rear, the property does not have off street parking, which some may see has a negative, however you can park in the avenue and there is a bus stop literally 25 yards from the front door.

You can certainly add value to the property, with little effort, creating a wonderful family home or you may be looking for a flip or perhaps hold on to and add to your rental portfolio, there is certainly demand in the area.

Three good sized bedrooms and family bathroom to the upper level, downstairs the lounge is dual aspect with windows to both the front and rear, the kitchen and dining area are open plan, with side door to the garden. In truth, we would recommend fitting a new kitchen, to fully enhance what this spacious property has to offer, creating a wonderful hub for the family to enjoy.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LAN250019/2

Agent Details

YOUR MOVE First, Wishaw

01698 757619

Next Steps?

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