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SOLD STC

Lyne Street, Wishaw, ML2

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1Floorplan 2
2

Key features

  • Buy-to-Let Investment Property
  • Tenanted & Fully Compliant
  • 2 Bedrooms
  • Home Report £95,000
  • Current Rental £750pm
  • Current Yield 9.5%
  • EPC Rating C
  • 63 sq m
  • Unfurnished Let

Description

Tenanted 2 bedroom mid-terraced buy-to-let investment property in Wishaw. The property comprises the ground floor of an entrance hallway, living room, and kitchen. The first floor has two bedrooms and a bathroom. The property benefits from having gas central heating, double glazing and a private garden. 

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the long-term tenant has been resident since August 2022 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £9,000 representing an immediate yield of 9.5%. The property is let unfurnished and is sold as seen. The Home Report value is £95K. 

Wishaw is a town in North Lanarkshire, on the edge of the Clyde Valley, The town is approximately 15 miles south-east of Glasgow city centre. The property is located only a few minutes from Wishaw town centre where there is an array of local amenities. The nearby M8 and M74 motorways allow quick and easy access to Glasgow, Edinburgh and beyond. 

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Lyne Street, Wishaw, ML2

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About Portolio, Edinburgh

Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ
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Portolio is a specialist estate agent for landlords, selling tenanted properties from landlord to landlord while ensuring tenants remain secure in their homes. Founded by two Scottish letting agents in 2017, Portolio is the product of the decades of knowledge amassed by co-founders Chris Wood and Ross MacDonald. Its business model fuses the skills required to be an estate agent with a deep knowledge of lettings, and what is required in the world of buy-to-let, from property styles and locations, to rental yields, capital appreciation potential, and all required safety legislation. Portolio is fully NAEA qualified and sells tenanted properties and portfolios across Scotland and England.

Your mortgage

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Years
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Monthly repayments
£453
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Disclaimer - Property reference 28453065. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Portolio, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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