ML2, Wishaw house prices & rental yield

Postcode district in Wishaw, part of the ML postcode area

General / family area · 22.8km from The University of Strathclyde

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Looking for a property valuation in ML2? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£135k
UK avg £340k
Average rent (pcm)
£895
UK avg £1,275
Gross rental yield
8.0%
77% above UK avg
Net yield (estimated)
6.0%
assumes ~25% costs, excl. mortgage

Summary

ML2 has a gross rental yield of 8.0%, 77% above the UK average, ranking #2 of 7 ML postcode districts by yield.

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

ML2 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
1 £65k £610 — 6 / 2
2 £118k £800 8.2% 16 / 11
3 £190k £950 — 15 / 4
4 £270k — — 1 / 0
5+ £350k — — 1 / 0

Nearby ML postcode districts, by yield

DistrictAvg buyAvg rentYield
ML12 £300k £1,995 8.0% Compare
ML3 £170k £895 6.3% Compare
ML6 £190k £812 5.1% Compare
ML5 £195k £785 4.8% Compare
ML11 £240k £925 4.6% Compare
ML1 £200k £750 4.5% Compare
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