1-bedroom flat · ML2 8NN
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the popular area of Cambusnethan, this well-presented ground floor one-bedroom flat offers an excellent opportunity for first-time buyers, downsizers and buy-to-let investors.
The accommodation comprises of a welcoming entrance hallway leading to a bright and spacious lounge featuring a gorgeous bay window, creating a lovely focal point to the room.
The modern breakfasting kitchen is fitted with a range of base and wall-mounted units, integrated oven, gas hob and extractor hood.
The property further benefits from a generous double bedroom with fitted wardrobes and a well-appointed bathroom fitted with a three-piece suite, including a shower over the bath.
Further benefits include double glazing and gas central heating throughout.
Externally, residents have access to communal garden grounds, with ample on-street parking available for both residents and visitors.
The property enjoys a convenient location with local shops and everyday amenities right on the doorstep.
Cambusnethan is ideally positioned between the neighbouring towns of Wishaw and Newmains and is well placed for access to a choice of primary and secondary schools.
Wishaw and Newmains offer a wider range of shopping, healthcare and recreational facilities, while excellent transport links include an express bus service to Glasgow and a mainline railway station in Wishaw.
The M74 and M8 motorway networks are also easily accessible, making this an ideal location for commuters.
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 83, Cambusnethan Street, Wishaw
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