2 Bed Flat, Single Let, Wishaw, ML2 7AY, £92,500

15 Belhaven Terrace, Wishaw, ML2 7AY - 2 months ago

Sold STC

BTL

ROI: 9%

~67 m²

+9 photos

ValuationOvervalued

Sold Prices	£42K - £114.2K

Square Metres	~67 m²
Value Estimate	£85,000£85,000

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£23,125£23,125
Stamp Duty & Legal Fees	£5,825£5,825
Total Cash In	£28,950£28,950

Cash Out
Rent Range	£595 - £795£595 - £795
Rent Estimate	£647
Running Costs/mo	£438£438
Cashflow/mo	£209£209
Cashflow/yr	£2,502£2,502
ROI	9%9%
Gross Yield	8%8%

Local Sold Prices

31 sold prices from £42K to £114.2K, average is £72K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£107K	04/21	0.08 mi	75b, Belhaven Terrace, Wishaw, Lanarkshire ML2 7AY	-	-	2	Flat
£83K	11/21	0.15 mi	70, Miller Street, Wishaw ML2 7BB	-	-	2	Flat
£69K	05/21	0.15 mi	59, Russell Street, Wishaw, Lanarkshire ML2 7AL	-	-	2	Flat
£72.5K	09/21	0.18 mi	111, Russell Street, Wishaw, Lanark ML2 7AP	-	-	2	Flat
£50K	12/21	0.2 mi	5, Kirk Road, Wishaw, Lanarkshire ML2 7BL	-	-	2	Flat
£74K	07/21	0.25 mi	131, Marshall Street, Wishaw, Lanarkshire ML2 7NR	-	-	2	Flat
£83K	05/21	0.26 mi	17, Anderson Court, Wishaw, Lanark ML2 7PD	-	-	2	Flat
£60K	02/21	0.28 mi	7, Cleland Road, Wishaw, Lan ML2 7PH	-	-	2	Flat
£57K	02/21	0.32 mi	24, Ivanhoe Crescent, Wishaw, Lan ML2 7DZ	-	-	2	Flat
£90K	04/21	0.35 mi	27, Devine Court, Wishaw, Lanarkshire ML2 7ES	-	-	2	Flat
£85K	09/21	0.35 mi	19, Devine Court, Wishaw ML2 7ES	-	-	2	Flat
£114.2K	04/24	0.37 mi	22, Auchenstewart Court, Wishaw, Lanarkshire ML2 7BU	-	-	2	Flat
£82.5K	07/21	0.37 mi	40, Auchenstewart Court, Wishaw, Lanarkshire ML2 7BU	-	-	2	Flat
£56.5K	11/21	0.4 mi	3, Sidlaw Drive, Wishaw, Lanarkshire ML2 7PP	-	-	2	Flat
£63.5K	05/21	0.4 mi	11, Sidlaw Drive, Wishaw, Lanarkshire ML2 7PP	-	-	2	Flat
£85K	08/24	0.41 mi	7, Cheviot Crescent, Wishaw, Lan ML2 7PN	-	-	2	Flat
£85K	06/21	0.41 mi	55, Cheviot Crescent, Wishaw, Lanarkshire ML2 7PN	-	-	2	Flat
£85K	06/21	0.45 mi	5, Harestone Road, Wishaw ML2 8DB	-	-	2	Flat
£70K	05/21	0.47 mi	105, Ivanhoe Crescent, Wishaw, Lanarkshire ML2 7DT	-	-	2	Flat
£71K	06/21	0.48 mi	94, Waverley Drive, Wishaw, Lanarkshire ML2 7DR	-	-	2	Flat
£67K	03/21	0.48 mi	106, Waverley Drive, Wishaw, Lanarkshire ML2 7DR	-	-	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
£42K	06/24	0.64 mi	55, Beechwood Crescent, Wishaw, Lanarkshire ML2 8JF	-	-	2	Flat
£93K	12/21	0.69 mi	11, Berriedale Quad, Wishaw ML2 7YY	-	-	2	Flat
£75K	01/21	0.75 mi	6, Banchory Road, Wishaw, Lan ML2 7YX	-	-	2	Flat
£60K	06/21	0.86 mi	16a, Clarendon Road, Wishaw ML2 0AW	-	-	2	Flat
£60K	02/21	0.87 mi	31, Thrashbush Road, Wishaw, Lan ML2 8LN	-	-	2	Flat
£75K	10/21	0.88 mi	22, Reynolds Path, Wishaw, Lanarkshire ML2 8AY	-	-	2	Flat
£68K	02/21	0.88 mi	14, Reynolds Path, Wishaw, Lanarkshire ML2 8AY	-	-	2	Flat
£63K	06/21	0.9 mi	12a, Oakbank Avenue, Wishaw, Lanarkshire ML2 0AL	-	-	2	Flat

Local Rents

17 rents from £595/mo to £795/mo, average is £700/mo.

Rent	Date	Distance	Address	Beds	Type
£700	08/24	0.01 mi	-	2	Flat
£795	05/24	0.04 mi	Main Street, Wishaw, Lanarkshire, ML2	2	Flat
£650	10/23	0.11 mi	-	2	Flat
£650	07/24	0.11 mi	-	2	Flat
£595	06/24	0.14 mi	57 Main Street, Wishaw, ML2 7AB	2	Flat
£700	12/24	0.2 mi	-	2	Flat
£700	04/25	0.22 mi	-	2	Flat
£650	06/24	0.22 mi	Wellington Street, Wishaw, ML2	2	Flat
£700	04/25	0.47 mi	-	2	Flat
£625	05/24	0.47 mi	Ivanhoe Crescent, Wishaw, Lanarkshire, ML2	2	Flat
£695	11/24	0.55 mi	-	2	Flat
£650	12/24	0.56 mi	-	2	Flat
£675	12/24	0.58 mi	-	2	Flat
£725	10/24	0.58 mi	-	2	Flat
£725	04/25	0.58 mi	-	2	Flat
£700	12/24	0.6 mi	-	2	Flat
£750	01/25	0.6 mi	-	2	Flat

Local Area Statistics

Population in Wishaw	40,57740,577
Town centre distance	0.75 miles away0.75 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.25 miles away0.25 miles away

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

Property History

Listed for £92,500

February 24, 2025

Floor Plans

Description

Traditional first floor flat in Wishaw town centre close to all amenities.

With high ceilings and attractive cornicing, this elegant property has been tastefully decorated throughout and offers spacious accommodation comprising of; a welcoming entrance hallway, a bright and spacious lounge, two double bedrooms, a well appointed kitchen and an attractive bathroom.

Double glazing and gas central heating are installed throughout and ample storage can be found in the hallway.

Externally there are communal garden grounds and private parking to the rear.

The property is located in the heart of Wishaw 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.