2-bedroom flat · ML2 7PN
Listing removedListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cheviot Crescent is within just a short walk from Wishaw Town Centre, where a range of independent retailers, restaurants, health and leisure facilities are situated.
Wishaw also benefits from excellent transport links including a train station, regular bus services and is located only a short drive from the M8/M74 motorway networks.
We are delighted to present this immaculately presented upper cottage flat to the market.
The property offers walk in accommodation ideal for the first time buyer: Entrance to property via side facing upvc door leading to carpeted staircase.
Upper landing with fitted carpet leads to all living accommodation, storage and loft hatch. Spacious lounge/dining with two front facing window formations and fitted carpet.
Rear facing contemporary fitted kitchen comprising range of base and wall mounted units, ample work surfaces, electric oven, gas hob, extractor, integral fridge freezer and vinyl flooring.
The kitchen gives access to rear facing pantry. Bedroom one is front facing with fitted carpet and fitted storage. Bedroom two is rear facing with fitted carpet and storage cupboard.
Rear facing bathroom comprising low flush w/c, wash hand basin, bath and shower (over bath), fully tiled walls and vinyl flooring.
The property boasts full gas central heating and upvc double glazing throughout. Large rear garden mainly laid to lawn with timber boundary fencing.
Directions - From Wishaw Main Street travel down on to Glasgow Road. Take the fourth exit at roundabout onto Heathery Road. Continue along and take your second right into Cheviot Crescent.
The property is situated on the left hand side and can be identified by for sale board. The Energy Performance Rating for this property is a Band C.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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
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FAQ
About 7 Cheviot Crescent, Wishaw, ML2
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