3 Bed Flat, Single Let, Wishaw, ML2 7PP, £84,500

8 Sidlaw Drive, Wishaw, ML2 7PP - 2 months ago

Sold STC
BTL
ROI: 9%
~90 m²
+5 photos

ValuationOvervalued

Sold Prices£28K - £250K

 

 

Square Metres

~90 m²

Value Estimate

£75,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,125

Stamp Duty & Legal Fees

£5,425

Total Cash In

£26,550

 

 

Cash Out

 

Rent Range

£500 - £1,500

Rent Estimate

£594

Running Costs/mo

£403

Cashflow/mo

£191

Cashflow/yr

£2,294

ROI

9%

Gross Yield

8%

Local Sold Prices

17 sold prices from £28K to £250K, average is £77K.

PriceDateDistanceAddressBeds 
£163K01/210.75 mi50, East Thornlie Street, Wishaw, Lan ML2 8BB3
£28K05/211 mi12, Stobo Street, Wishaw, Lanarkshire ML2 8QW3
£119K08/211.06 mi4, Broad Cairn Court, Motherwell ML1 2PE3
£65K11/211.34 mi8, Range Street, Motherwell ML1 2HT3
£120K08/241.94 mi45, Gillburn Street, Wishaw, Lan ML2 0QL3
£45K01/212.06 mi22, Fiddoch Court, Newmains, Wishaw, Lanarkshire ML2 9DT3
£39K04/212.07 mi4, Fiddoch Court, Newmains ML2 9DT3
£250K01/212.13 mi24, Bellside Road, Cleland, Motherwell, Lan ML1 5NP3
£75K06/212.16 mi39, Stewart Crescent, Newmains, Wishaw, Lanarkshire ML2 9DJ3
£72K11/212.25 mi249, Airbles Street, Motherwell ML1 1XZ3
£75.5K04/242.25 mi233, Airbles Street, Motherwell, Lanarkshire ML1 1XZ3
£135K04/212.47 mi46, Imlach Place, Motherwell, Lanarkshire ML1 3FD3
£80K04/242.5 mi27, Gowkhall Avenue, Motherwell, Lanarkshire ML1 5JF3
£156K03/212.56 mi71, Cherrytree Crescent, Larkhall ML9 2BE3
£133K05/212.57 mi109, Hamilton Road, Motherwell, Lanarkshire ML1 3DG3
£77K08/212.58 mi125, High Street, Motherwell, Lanarkshire ML1 5JH3
£45K12/213 mi52a, Union Street, Larkhall, Lanarkshire ML9 1DR3

Local Rents

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

RentDateDistanceAddressBeds 
£79512/230.21 mi-3
£79512/230.21 mi-3
£79512/230.35 mi-3
£79512/230.35 mi-3
£89510/240.35 mi-3
£57508/230.43 mi-3
£72512/240.56 mi-3
£72512/240.56 mi-3
£1,50012/230.84 mi-3
£1,50001/240.84 mi-3
£1,50001/240.84 mi-3
£1,50001/240.84 mi-3
£89510/240.9 mi-3
£1,30003/240.93 miCharn Terrace, Motherwell, Lanarkshire, ML13
£75008/230.94 mi-3
£95005/240.97 miCarbarns West, Wishaw, Lanarkshire, ML23
£85012/240.98 mi-3
£85012/240.98 mi-3
£77506/241.03 mi46 Coldstream Crescent, Coltness, Wishaw, ML2 8QL3
£79504/251.04 mi-3
£50006/241.05 miGreenlaw Avenue, Wishaw3
£75006/241.06 miHawthorn Drive, Wishaw, ML23
£85012/241.13 miEtive Crescent, Wishaw3
£89505/241.14 mi-3
£92512/231.17 mi-3
£92512/241.17 mi-3
£92506/241.17 miHowson Lea, Motherwell, ML13
£92512/241.17 miHowson Lea, Motherwell, ML13

Local Area Statistics

Population in Wishaw

40,577

Town centre distance

1.17 miles away

Nearest school

0.30 miles away

Nearest train station

0.45 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £84,500

February 28, 2025

Floor Plans

Description

Welcome to this charming three-bedroom upper flat located on Sidlaw Drive in the desirable area of Wishaw. This property offers a spacious and well-thought-out floorplan, making it an ideal choice for families or those seeking extra room to breathe.

Welcoming reception room that provides a perfect space for relaxation or entertaining guests. The flat boasts three generously sized bedrooms, one of which is currently be utilised as dining room / home office. Each room offering ample natural light and comfort. The well-appointed bathroom ensures convenience for all residents. The kitchen has been recently refitted and is modern and spacious.

One of the standout features of this property is the good-sized driveway, providing off-street parking for your vehicles. Additionally, the rear gardens offer a lovely outdoor space, perfect for enjoying the fresh air or hosting summer gatherings.

This upper flat combines practicality with comfort, making it a wonderful place to call home. With its excellent location in Wishaw, you will find yourself within easy reach of local amenities, schools, and transport links. Do not miss the opportunity to view this delightful property, which is sure to appeal to a wide range of buyers.

Agent Details

Empire Property, Wishaw

01698 758967

Next Steps?

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