2-bedroom house · ML2 9HR
Listing removedListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within a peaceful residential area of Newmains, Wishaw, this end terraced property offers a fantastic opportunity to add your own stamp which is perfect for first time buyers, downsizers or property developers.
The accommodation comprises a welcoming entrance hallway leading to a bright and spacious lounge, providing ample space for both living and dining.
The traditional fitted kitchen offers a good range of base and wall-mounted units along with space for free-standing appliances.
The property further benefits from two generously proportioned double bedrooms and a bathroom fitted with a three-piece suite, comprising a WC, wash hand basin and bath with an electric over head shower.
The property has been well maintained throughout and offers an excellent opportunity for a purchaser to modernise and personalise to their own taste.
Further benefits with gas central heating and double glazing throughout.
Externally the property benefits from a private shed and has been designed for easy maintenance featuring a combination of decorative stone chippings and paved patio areas.
There is also ample on street parking. Newmains is a well-connected village close to Wishaw, offering a range of local amenities, schooling and transport links.
The area benefits from easy access to the M8 motorway, making it an ideal location for commuters travelling throughout Central Scotland.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 1, Davan Loan, Wishaw
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