2 Bed Terraced House, Single Let, Wishaw, ML2 8NN, £87,500

60 Cambusnethan Street, Wishaw, ML2 8NN - 2 months ago

BTL
ROI: 9%
~65 m²
+6 photos

ValuationOvervalued

Sold Prices£66K - £150.5K

 

 

Square Metres

~65 m²

Value Estimate

£81,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,875

Stamp Duty & Legal Fees

£5,575

Total Cash In

£27,450

 

 

Cash Out

 

Rent Range

£550 - £895

Rent Estimate

£621

Running Costs/mo

£418

Cashflow/mo

£203

Cashflow/yr

£2,440

ROI

9%

Gross Yield

9%

Local Sold Prices

40 sold prices from £66K to £150.5K, average is £104.8K.

PriceDateDistanceAddressBeds 
£123K06/240.2 mi22, Moss Road, Wishaw, Lanarkshire ML2 8PU2
£108K09/210.21 mi31, Lockhart Place, Wishaw, Lanarkshire ML2 8PP2
£125K04/240.27 mi30, Branchalfield Drive, Wishaw, Lanarkshire ML2 8QB2
£106K06/210.27 mi12, Branchalfield Drive, Wishaw, Lanarkshire ML2 8QB2
£105K12/210.29 mi76, Branchalfield Drive, Wishaw, Lanarkshire ML2 8QD2
£80K03/210.36 mi73, Hawthorn Drive, Wishaw, Lanarkshire ML2 8JN2
£110.5K03/240.36 mi13, Forest Park, Wishaw, Lan ML2 8PN2
£122K03/210.43 mi24, Lewis Avenue, Wishaw, Lanarkshire ML2 8XF2
£128.4K10/210.45 mi6, Green Dale, Wishaw, Lanarkshire ML2 8XW2
£83K07/210.47 mi17, Ronay Street, Wishaw ML2 8XP2
£96K07/210.57 mi96, Kilmeny Crescent, Wishaw, Lanarkshire ML2 8QY2
£105.5K08/210.59 mi17, Houston Street, Wishaw ML2 8PR2
£91K08/210.59 mi19, Houston Street, Wishaw, Lanarkshire ML2 8PR2
£85K03/240.65 mi5, Tweed Crescent, Wishaw, Lan ML2 8QR2
£103K03/240.67 mi14, Jedburgh Street, Wishaw, Lan ML2 8QU2
£148.8K07/210.77 mi12, School Road, Newmains, Wishaw, Lanarkshire ML2 9BE2
£125K01/210.78 mi37, Pather Street, Wishaw, Lan ML2 8BJ2
£150.5K06/240.78 mi29, Claire Street, Newmains, Wishaw, Lanarkshire ML2 9DF2
£136.6K02/210.8 mi15, Conservation Place, Wishaw, Lanark ML2 8EF2
£83.5K12/210.82 mi9, Brown Street, Newmains, Wishaw, Lanarkshire ML2 9AZ2
£118K05/210.83 mi7, Alford Quad, Wishaw, Lanarkshire ML2 7YN2
£72K09/210.84 mi53, Denholm Drive, Wishaw, Lanarkshire ML2 8SL2
£80K02/210.84 mi21, Denholm Drive, Wishaw, Lan ML2 8SL2
£125.3K09/210.85 mi13, Steel Street, Wishaw, Lanarkshire ML2 8AS2
£125K03/210.87 mi19, Letheron Drive, Wishaw, Lanarkshire ML2 7YP2
£66K09/210.88 mi10, Denholm Drive, Wishaw, Lanarkshire ML2 8SH2
£70K12/210.89 mi55, Allanton Grove, Wishaw ML2 7LL2
£100K06/210.89 mi28, Clark Street, Newmains, Wishaw, Lanarkshire ML2 9DS2
£135K08/240.91 mi15, Beauly Crescent, Wishaw, Lan ML2 8EG2
£137K03/210.92 mi8, Huntly Quad, Wishaw, Lanarkshire ML2 7UP2
£95K10/210.92 mi51, Langholm Crescent, Wishaw ML2 7HE2
£88K01/210.92 mi33, Langholm Crescent, Wishaw ML2 7HE2
£111.2K04/240.93 mi4, Kelso Crescent, Wishaw, Lanarkshire ML2 7HD2
£68.5K04/210.94 mi9, Minto Park, Wishaw, Lanarkshire ML2 8SJ2
£70K08/210.95 mi11, Queen Street, Newmains, Wishaw, Lanarkshire ML2 9EG2
£104.5K08/240.95 mi12, Stanecraigs Place, Newmains, Wishaw, Lan ML2 9EA2
£97K04/240.97 mi17, Dimsdale Crescent, Wishaw, Lanarkshire ML2 8DR2
£100K03/240.98 mi12, Duke Street, Newmains, Wishaw, Lan ML2 9ED2
£123K06/240.99 mi44, North Dryburgh Road, Wishaw, Lanarkshire ML2 7LA2
£82K07/211 mi39, Lauder Crescent, Wishaw, Lanarkshire ML2 7HF2

Local Rents

17 rents from £550/mo to £895/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£62506/240.1 mi46 Northmuir Drive, Wishaw, ML2 8NS2
£79511/230.22 mi-2
£89510/240.22 mi-2
£59507/240.3 mi-2
£67512/240.33 mi-2
£72510/240.33 mi-2
£72504/250.33 mi-2
£55005/240.38 mi45 Beechwood Crescent, Wishaw, ML2 8JF2
£65012/240.39 mi-2
£69511/240.43 mi-2
£79006/240.44 mi-2
£72508/240.44 mi-2
£79003/240.44 miBaillie Gardens, Wishaw, ML22
£62505/240.45 miIvanhoe Crescent, Wishaw, Lanarkshire, ML22
£70004/250.45 mi-2
£75009/230.61 mi-2
£75010/240.61 mi-2

Local Area Statistics

Population in Wishaw

40,577

Town centre distance

0.34 miles away

Nearest school

0.30 miles away

Nearest train station

1.08 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £87,500

February 26, 2025

Floor Plans

Description

Spacious mid-terraced property in much sought after Cambusnethan area of Wishaw.

Set over two levels, the ground floor comprises of a welcoming entrance hallway, spacious lounge with storage cupboard and a good sized dining kitchen with access to the private rear gardens.

Upstairs offers two double bedrooms and a shower room. A large storage cupboard is located in the primary bedroom.

Gas central heating a double glazing are installed throughout.

Externally there are sizeable private gardens to the front and rear. The rear gardens overlook a large park area and the popular Greenhead Moss nature reserve lies adjacent. Parking can be found directly on the street outside to the front.

Cambusnethan lies between the towns of Wishaw and Newmains and is well placed for schools, with a choice of primary and secondary schools nearby. The neighbouring towns provide a range of shopping, healthcare and recreational facilities, and for commuters there is an express bus service to Glasgow and a mainline train station in Wishaw. The M74 and M8 motorway networks are also easily accessible.

Agent Details

AB Properties, Lanarkshire

01555 708892

Next Steps?

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