18A Main Street, Wishaw, Lanarkshire, ML2 7AF

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Town & Country Property Auctions Scotland
Town & Country Property Auctions Scotland

Description

18A Main Street

Guide Price: £30,000
Home Report Value: £55,000

£25,000 Below Home Report | Sub-ADS Price Point | High-Yield Town Centre Investment

Town & Country Property Auctions proudly present this centrally located investment opportunity positioned directly on Wishaw’s Main Street, placing it at the heart of the town centre with immediate access to shops, services, transport links and everyday amenities.

Offered at a guide price of £30,000, the property sits below the current Additional Dwelling Supplement (ADS) threshold, creating a highly attractive entry point for investors seeking to expand their portfolio while minimising upfront acquisition costs. This low capital barrier significantly enhances overall return metrics and investor appeal.

From a long-term rental perspective, rental demand is estimated at approximately £550 per month, delivering a strong yield relative to the low guide price and providing clear scope for capital growth when benchmarked against the £55,000 Home Report valuation.

From a serviced accommodation standpoint, the central Main Street position supports consistent short-stay demand from contractors, visiting professionals and local events. Based on conservative projections of £115 Average Daily Rate at 63% occupancy, the property could generate circa £26,000 per annum, allowing investors to secure income below prevailing local Average Daily Rates, supporting higher occupancy and offering upside through future optimisation, subject to the relevant consents and approvals.

Offered £25,000 below Home Report value, this is a standout opportunity to secure immediate equity, a sub-ADS acquisition, and multiple income strategies, all underpinned by a prime town-centre location within a well-connected Lanarkshire market.

Key Feature 1

£25,000 Below Home Report Value

Key Feature 2

Rental Demand: £550

Key Feature 3

Prime Town Centre Location on Wishaw Main Street


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.

All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).

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