Summary - 6, KILDONAN COURT, WISHAW, NEWMAINS ML2 9DL
3 bed 1 bath Flat
Auction sale — tenanted three‑bed with immediate income and strong yield potential..
- Currently tenanted at £595 pcm (gross annual income £6,900)
- Guide/asking price £60,000; Home Report valuation £70,000
- Freehold flat with double glazing and off‑street parking
- Shared garden access and ample built‑in storage throughout
- Auction sale — sold with tenant in situ; immediate offers accepted
- Located in a very deprived area — higher tenant turnover risk
- Medium room sizes; traditional layout may need cosmetic updating
- Strong commuter links to Glasgow; excellent mobile and fast broadband
A large three‑bedroom flat in Kildonan Court offered with an immediate rental income and strong yield prospects. The property is currently tenanted at £595 pcm (gross annual income £6,900) and is presented for sale by auction with a Home Report valuation of £70,000 and a guide/asking price of £60,000. Its freehold tenure, double glazing, off‑street parking and shared garden access make it straightforward to let.
This will suit buy‑to‑let investors seeking a hands‑off income stream and capital‑growth potential in a well‑served commuter town. Comparable recent local sales, including a nearby 2‑bed flat that achieved £85,000 in 2022, suggest upside if the area trend continues. Expect medium room sizes and a traditional block layout with an open‑plan living/kitchen, family bathroom and three bedrooms.
Important considerations: the property lies within a very deprived local area, which can affect tenant profiles and re‑letting risk. The sale is by auction and will be offered with the tenant in situ, so buyers should allow for auction purchase timings and the existing tenancy when planning occupancy or immediate refurbishment. Council tax is described as very cheap, and broadband/mobile reception are strong.
Overall this is a clear income‑first opportunity: purchase at or near guide price offers an attractive headline yield, but investors should factor in location risk, auction terms and any refurbishment or management costs before bidding.
3 bedroom flat for sale in 4 Kildonan Court, Newmains, Wishaw, ML2 9DL, ML2 — £60,000 • 3 bed • 1 bath • 839 ft²
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2 bedroom flat for sale in 3 Kildonan Court, Newmains, Wishaw, ML2 9DL, ML2 — £55,000 • 2 bed • 1 bath
2 bedroom flat for sale in 5 Kildonan Court, Newmains, Wishaw, ML2 9DL, ML2 — £61,000 • 2 bed • 1 bath
2 bedroom flat for sale in 14, Hawthorn Drive, Wishaw, ML28JS, ML2 — £60,000 • 2 bed • 1 bath
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