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See how verdicts work2-bedroom terraced house · ML2 7LG
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Melrose Crescent, Wishaw, is a two-bedroom end-terraced home positioned on a large corner plot within a quiet and popular residential location.
The main entrance opens into the property and leads to the reception accommodation. The lounge is a bright room with dual aspect windows providing natural light throughout the living area.
There is laminate flooring, a feature fireplace and space for a dining table and chairs. The kitchen is arranged in an open-plan format with a breakfasting area.
It is fitted with a range of wall-mounted and floor-standing units, work surfaces, a tiled splashback and a stainless-steel sink with drainer. There are two double bedrooms within the property.
The shower room is fitted with a shower enclosure, wash hand basin and WC. It has tiled walls, a non-slip floor covering. The property benefits from gas central heating and double-glazed windows.
Externally, the home occupies a corner position with a shared driveway leading to a private, monoblock parking area with space for two to three cars. A garage is also included.
The garden extends substantially to the rear and side and is enclosed by fencing.
Areas of the garden are laid with paving slabs and monoblock paving, with additional gravelled sections, established shrubs, trees and timber outbuildings or sheds.
Melrose Crescent is situated within reach of local amenities in Wishaw and the nearby Coltness area.
The location also provides access to the M74 and M8 motorway networks, supporting travel towards surrounding towns and cities.
Further local facilities and services are available within Wishaw and Coltness, subject to individual requirements and exact travel routes. EPC rating C. Council tax band A
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.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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