3-bedroom flat · ML2 8QW
Listing removedListed 86 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and well-presented 3-bedroom upper flat is located in a popular residential area of Wishaw, offering comfortable accommodation ideal for families, couples or professional tenants.
The property comprises a bright and spacious lounge, modern fitted kitchen, three well-proportioned bedrooms and a contemporary bathroom with shower.
Further benefits include gas central heating, double glazing, neutral décor throughout and convenient on-street parking.
The property is within easy reach of local schools, shops, supermarkets, public transport links and Wishaw town centre, making it an excellent choice for commuters and families alike EPC D Council Tax Band A LARN1904005 Landlord registration: 1556877/320/11032
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let licence or registration needed
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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 12, Stobo Street, Wishaw
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