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2 bedroom flat for sale
Hawthorn Drive, Wishaw, ML2
£62,500
Hawthorn Drive, Wishaw, ML2
£62,500
Price History
Initial price | £65,000 |
14/08/24 | £62,500 |
Price Change | -3.85% |
Description
This investment property is a 2-bedroom upper cottage in Wishaw, North Lanarkshire, that comes with tenants already in place, having been consistently rented for over 5 years. The current rent is £5,400 per year, with potential to increase to £7,200 based on comparable properties in the area, yielding a rental return of 12.9%. The property has a modern bathroom, fully equipped kitchen, and ample wardrobe and storage space. The tenants are in full-time employment and have a lease agreement in place with no missed or late payments. The property is well-maintained and located in a popular town with easy access to local amenities, transport links, and schools, making it an attractive investment opportunity for couples and families.