Caledonian Road, Wishaw, ML2

The Property Experts are delighted to present this excellent investment opportunity to the market. Situated within the heart of Wishaw, this spacious one-bedroom top floor flat extends to approximately 56 sq m and is offered for sale with a tenant in situ under a Private Residential Tenancy (PRT), providing an immediate income-producing asset for investors.

Occupying the upper floor of a traditional mixed-use building, the property enjoys a convenient town centre position above established commercial premises, including offices, retail units and a takeaway. The accommodation is well proportioned throughout and comprises an entrance stairwell and close, welcoming internal hallway, bright and spacious lounge, modern fitted kitchen, generous double bedroom with wall-mounted gas boiler, shower room and separate WC.

Further benefits include gas central heating, double glazing, freehold tenure and an EPC Rating of D.

This property represents an ideal addition to a buy-to-let portfolio, offering a ready-made investment in an established rental location.

Property Features

* Top Floor Flat
* One Bedroom
* Investment Property
* Tenant in Situ (PRT)
* Approximately 56 sq m
* Spacious Lounge
* Modern Fitted Kitchen
* Shower Room
* Separate WC
* Gas Central Heating
* Double Glazing
* EPC Rating D
* Council Tax Band B
* Freehold Tenure
* Convenient Town Centre Location

Location

Wishaw is a popular and well-connected commuter town within North Lanarkshire, offering an excellent range of local amenities and transport links. The property is ideally positioned within easy reach of Wishaw town centre, where residents can enjoy a variety of supermarkets, independent retailers, cafés, restaurants and leisure facilities.

The area is served by several major supermarkets including Tesco, Aldi and Lidl, while healthcare facilities are provided by the nearby University Hospital Wishaw. The town also benefits from a selection of parks, sports facilities and recreational amenities.

For commuters, Wishaw Railway Station provides regular services to Glasgow, Edinburgh and surrounding towns, whilst the nearby M8 and M74 motorway networks offer convenient road access throughout Central Scotland. The property is therefore well placed for both local residents and tenants seeking excellent connectivity.

Investment Information

The property is currently tenanted under a Private Residential Tenancy (PRT), making it an attractive opportunity for investors seeking immediate rental income. Rental income is £400 per month. Further tenancy information will be available within the legal pack.

Auctioneer comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Settle within 56 days (the “Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).

Please request a copy of the Home Report and Legal Pack before bidding, recommended as a cash purchase only.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Land and Buildings Transaction Tax (LBTT).

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Property & Services information:

Mobile Coverage: 4G coverage is available in the area - please check with your provider

Broadband Availability: Broadband is available in the area





Utilities: Mains gas, electricity, mains water are connected, see Home Report for further information.