2-bedroom bungalow · ML2 8BU
For saleReduced £7k (−3.8%) on 6 OctListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a generous plot in the heart of Wishaw, this charming two-bedroom detached cottage-style bungalow offers deceptively spacious and versatile accommodation, including two substantial attic rooms.
The accommodation comprises a welcoming entrance hallway leading to a bright and exceptionally spacious dual-aspect lounge, providing an ideal space for relaxing and entertaining.
The well-proportioned dining kitchen offers ample worktop and storage space together with room for everyday dining and opens into a delightful conservatory overlooking the rear garden.
This bright additional living space provides the perfect spot to enjoy the garden throughout the seasons and offers direct access to the outdoor area.
There are two generous double bedrooms on the ground floor, both offering excellent proportions, together with a family bathroom fitted with a four-piece suite.
From the lounge a staircase leads to the upper level where two versatile attic rooms provide valuable additional storage. Further benefits include gas central heating and double glazing.
Externally, the property enjoys mature, enclosed rear gardens with a lawn, patio and generous driveway providing ample off-street parking.
Graham Street is situated within central Wishaw, close to a wide range of shops, supermarkets, healthcare and recreational facilities.
There are several primary and secondary schools within easy walking distance of the property making this area popular with families.
For commuters there are mainline train stations at Wishaw and Cleland and both the M8 and M74 motorway networks are just a short drive away.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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
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FAQ
About 58, Graham Street, Wishaw
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