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Stewarton Street, Wishaw, North Lanarkshire, ML2

Scotland

£60,000

Listed on 08/07/2026

Property details

Bedrooms
2
Type
Flat
Area
696 sqft

Description

Located in a classic Victorian building in Wishaw, this spacious two-bedroom upper flat presents a promising opportunity for those interested in renovation projects or individuals seeking to personalize their future home. The property features a secure entry system leading to a private entrance, ensuring ample security and privacy. Upon entering, you're welcomed by generous room proportions, high ceilings, and appealing original features such as decorative cornicing and ornate fireplaces, all contributing to its character. The layout includes a bright living room that serves as an excellent space for relaxation or entertainment and flows into a sizable kitchen with dining potential – perfect for those looking to create a modern living area. Each of the well-sized bedrooms comes with its own en suite shower room, one of which has been updated to contemporary standards. This existing refurbishment sets a solid foundation for further enhancements throughout the flat. With some areas already refreshed, including the freshly painted living room, this property offers an ideal canvas for new owners to infuse their style while maintaining its historic charm. Cash buyers will find this investment particularly advantageous as it is positioned in a vibrant area close to shops, transport links, schools, and healthcare facilities, making it both convenient and attractive for future tenants or personal living. This flat stands out thanks to its impressive dimensions and period details combined with excellent potential for customization and value addition.

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Investment analysis

(ML2 area)

Below Market Value

This property is priced -48.6% below area average per sq ft

-48.6%
Potential saving
This Property
£86/sq ft
Area Average
£168/sq ft
Avg Rent (weekly)
£170
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£18,000 - £30,000
Target Value
£128,353
10% above area average per sq ft
Potential ROI
+42.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (ML2)

Area prices are rising by +12.2% over the last 12 months
3 year growth: +25.7%
5 year growth: +39.0%
Investment Disclaimer: Analysis based on ML2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Stewarton Street, Wishaw, North Lanarkshire, ML2
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£227
Based on a loan of £45,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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