3-bedroom flat · ML2 8QN
Sold STCListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction. 30th of July 2026. Town & Country Property Auctions presents a 3-bedroom property with £25,400 annual holiday let potential and £10,200 annual rental income in Wishaw!
Description 61 Greenlaw Avenue, Wishaw, Lanarkshire, ML2 8QN 3 Bedroom maisonette ground floor Guide Price: £35,000 Income Potential Long-Term Rental: Approx.
£850 PCM (£10,200 per year) Short-Term Let / Airbnb: Approx.
£25,400 per year Situated in the well-established residential town of Wishaw, this property offers an exceptional low-entry investment opportunity with strong income potential.
The area benefits from excellent rental demand driven by Wishaw General Hospital, nearby industrial and logistics employers, and convenient transport links via the M8, M74 and Wishaw Railway Station, providing easy access to Glasgow and Edinburgh.
Local schools, retail amenities and leisure facilities further support long-term tenant demand, while the property's projected serviced accommodation income provides an attractive alternative investment strategy.
Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.
To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 advisers 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 61 Greenlaw Avenue, Wishaw, Lanarkshire, ML2 8QN
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