Summary - 5, KILDONAN COURT, WISHAW, NEWMAINS ML2 9DL
2 bed 1 bath Flat
Tenanted 2-bed flat with strong yield and relet upside, sold at auction..
- Currently tenanted at £575 pcm, gross annual income £6,900
- Potential market rent estimated £695–£725 pcm
- Sold at auction; sale transfers with existing tenancy
- Freehold flat in 1980s block with communal garden
- Off-street parking and good storage throughout
- Fast broadband and excellent mobile signal
- Located in a very deprived area — possible tenant turnover risk
- Typical 1980s construction: routine maintenance likely (flat roof, external stairs)
A straightforward buy-to-let in Newmains offering immediate income and upside. The two-bedroom, 1980s purpose-built flat is currently tenanted at £575 pcm (gross annual income £6,900) and will be sold at auction — presenting a low-entry investment with strong yield potential if bought near guide price. Comparable recent sales in the block and nearby indicate capital growth in the area.
The accommodation includes a large open-plan living room/kitchen, two double bedrooms, bathroom, communal rear garden, off-street parking and ample storage. Fast broadband and excellent mobile signal support tenant demand for modern rentals. The property is managed by a letting agency and is being marketed as a turnkey let for investors.
Buyers should note material considerations: the flat is in a very deprived area which can affect tenant churn and rent growth; sale is by auction and will transfer subject to the existing tenancy. The building is a 1980s low-maintenance block with a flat roof and external communal staircase — typical of its age and likely to require routine upkeep over time. This is a practical, cash-flow-led purchase for a buyer prioritising yield and re-let potential rather than immediate renovation.
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