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2 Bed Flat, Single Let, Wishaw, ML2 7TT £64,000

25 Winning Quadrant, Wishaw, ML2 7TT - 6 views - 10 months ago
  1. Deal Search
  2. Wishaw
  3. ML2
  4. ML2 7TT
Auction
BTL
ROI: 18%
~68 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Wishaw
  • More Deals in ML2
  • More Single Let Deals
  • More Single Let Deals in Wishaw
  • More Single Let Deals in ML2

Property History

Listed for £64,000

March 3, 2025

Description

  • Tenanted investment +
  • High yielding portfolio +
  • Settled, long-term tenants +
  • Opportunity to increase rental for increased yield +
  • Option may exist to split portfolio +
  • Close to amenities and transport +
  • Popular buy-to-let location +

Attention Investors!

Immediate income producing investment. Portfolio of 2 x tenanted properties located in the same building within a popular residential area in Wishaw. The properties will be sold with settled tenants in place paying a combined monthly rental of £766 (£9,192 per year).

Portfolio comprises 25 Winning Quadrant and 31 Winning Quadrant, ML2 7TT and represents easy management as both are located in the same building.

2 x GROUND FLOOR, 1 bedroom flats will be sold with settled, long- term tenants in place who have indicated that they are happy to stay on in the properties.

25 Winning Quadrant generates an income of £398 per month (£4,776 per year)- Low rent for the area- as it has been held at that level for a long term tenant. Realistic potential monthly rental of £450per month (£5,400 per year).

31 Winning Quadrant generates an income of £368 per month (£4,416 per year)- Low rent for the area- as it has been held at that level for a long term tenant. Realistic potential monthly rental of £450per month (£5,400 per year).

Secure income with excellent yield in popular location- very popular with buy-to-let investors with plentiful on-street parking and easy access to town centre, minutes from Caledonian Retail Park, Sheildmuir Train Station, Tesco Superstore, New College Lanarkshire and perfectly located for Wishaw General Hospital- one of the area's largest employers.

No additional costs for factoring.

As the properties will be sold with tenants in place, no viewing can be offered.

Wishaw is a popular commuter town located approximately 20 miles from Glasgow City Centre and 40 miles from Edinburgh City Centre and enjoys excellent road and rail links to both.

This lot will be sold under auction terms and conditions by Braveheart Auctions

The seller has indicated that pre-auction bids would be considered for this lot.

For more info speak to Braveheart Auctions. Scotland's premier destination for Land, Property and Whisky.

Tenanted investment

High yielding portfolio

Settled, long-term tenants

Opportunity to increase rental for increased yield

Option may exist to split portfolio

Close to amenities and transport

Popular buy-to-let location

Agent Details

Braveheart Auctions Limited, Edinburgh

0131 381 5170

Next Steps?

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

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