3-bedroom bungalow · ML2 0JB
Listing removedListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A property we highly recommend viewing, finished to a high standard, spacious layout, ample parking and oversized single garage.
Beautifully presented, the current owners have lived in the property from new, built 2017.
Comprising entrance hall, three double bedrooms, all with fitted wardrobes, master en suite with walk in shower, lounge, kitchen / diner, utility room and bathroom, with separate bath and walk in shower, finished with Porcelanosa tiling.
The kitchen has patio doors out to the garden, fully enclosed, great suntrap. A sought after and desired area, just a short walk to amenities and the local train station.
Wishaw is considered to be a good area for the commuter across the central belt, with excellent road networks, accessing both the M8 and M74, also several train stations in the area, providing services to both Edinburgh and Glasgow.
The town offers a great selection of shops, retail parks, leisure facilities including gyms, bowling clubs, golf club, schools to both primary and secondary level and health centre.
Also close by are the larger towns of Motherwell and Hamilton, as well as Strathclyde Country Park.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. WIS260069/8
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
Agent & docs
FAQ
About 47, Millbank Road, North Lanarkshire
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