3 Bed Terraced House, Single Let, Motherwell, ML1 2DN, £155,000

311C56 Elison Court, Motherwell, North Lanarkshire, ML1 1XA - 5 views - 6 months ago

BTL
ROI: 2%
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£82.5K - £375K

 

 

Square Metres

~93 m²

Value Estimate

£131,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Total Cash In

£44,600

 

 

Cash Out

 

Rent Range

£725 - £1,300

Rent Estimate

£734

Running Costs/mo

£651

Cashflow/mo

£83

Cashflow/yr

£994

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £82.5K to £375K, average is £166.8K.

PriceDateDistanceAddressBeds 
£180K08/210.29 mi35, Annan Street, Motherwell, Lanarkshire ML1 2BP3
£85K02/210.4 mi22, Dollar Park, Motherwell ML1 2LF3
£165.2K08/210.41 mi33, Kingfisher Court, Motherwell, Lanarkshire ML1 2FS3
£165.1K10/210.59 mi31, Gresham View, Muirhouse, Motherwell ML1 2DP3
£87K03/210.64 mi17, Lyons Quadrant, Wishaw, Lanarkshire ML2 7UA3
£245K04/240.65 mi4, Liath Avenue, Motherwell, Lanarkshire ML1 2QU3
£193K01/210.71 mi700, Glasgow Road, Wishaw, Lan ML2 7TL3
£132K12/210.77 mi20, Merryton Road, Motherwell, Lanarkshire ML1 2NH3
£136.7K07/210.78 mi53, Primrose Crescent, Motherwell, Lanarkshire ML1 2RE3
£89K11/210.93 mi83, Laurel Drive, Wishaw, Lanarkshire ML2 7RD3
£104K03/240.98 mi30, Nethan Avenue, Wishaw, Lan ML2 0BG3
£210K11/211.03 mi141, Avon Street, Motherwell, Lanarkshire ML1 3AL3
£148K02/211.04 mi39, Wilson Street, Motherwell, Lan ML1 1NP3
£205K08/211.08 mi37, Airbles Drive, Motherwell, Lanarkshire ML1 3AS3
£137K06/241.08 mi84, Kirknethan, Wishaw, Lanarkshire ML2 0BX3
£220.5K11/211.13 mi13, Elmhurst, Motherwell, Lanarkshire ML1 3RJ3
£245.5K10/211.2 mi35, Alexander Gibson Way, Motherwell, Lan ML1 3FA3
£201K08/241.22 mi23, Saffron Crescent, Wishaw, Lan ML2 0FA3
£126K09/211.25 mi4, Baxter Wynd, Wishaw ML2 0NL3
£143.8K07/211.31 mi1, Camellia Drive, Wishaw, Lanark ML2 0FF3
£136K11/211.34 mi2, Calder Grove, Motherwell, Lanarkshire ML1 1EP3
£117.5K07/211.34 mi14, Kyle Quadrant, Wishaw, Lanarkshire ML2 0AN3
£170K08/211.37 mi2, Stuart Quadrant, Wishaw, Lanarkshire ML2 0DL3
£295K08/211.37 mi56, Orchard Street, Motherwell, Lanarkshire ML1 3JD3
£375K07/211.37 mi32, Douglas Street, Motherwell, Lanarkshire ML1 3JG3
£260.3K12/211.37 mi70, Douglas Street, Motherwell, Lanarkshire ML1 3JG3
£310K04/241.39 mi108, Crawford Street, Motherwell, Lanarkshire ML1 3BN3
£150K04/241.41 mi19, Park Quadrant, Wishaw, Lanarkshire ML2 0DJ3
£167.5K08/211.41 mi29, Peacock Wynd, Motherwell, Lanarkshire ML1 4ZL3
£265K02/241.44 mi26, Cunningham Street, Motherwell, Lanarkshire ML1 3EP3
£267.5K02/211.45 mi6, Viewpark Road, Motherwell, Lan ML1 3ER3
£150K08/211.47 mi133, Roman Road, Motherwell, Lanarkshire ML1 1EA3
£153K08/241.49 mi32, Old Manse Road, Wishaw, Lan ML2 0EN3
£109K03/241.56 mi16, Dundyvan Lane, Wishaw, Lan ML2 0HG3
£160K07/211.56 mi13, Sunflower Gardens, Motherwell, Lanarkshire ML1 1BZ3
£253.8K01/211.56 mi39, The Loaning, Motherwell, Lan ML1 3HE3
£210K03/241.6 mi24, Methil Court, Ferniegair, Hamilton, Lan ML3 7FN3
£151K06/211.61 mi39, Alyssum Crescent, Motherwell, Lan ML1 1DF3
£245K12/211.61 mi13, Clyde Avenue, Hamilton, Lanarkshire ML3 7TY3
£235K03/241.61 mi128, Glen Road, Wishaw, Lan ML2 7NP3
£280K03/211.61 mi118, Glen Road, Wishaw, Lanarkshire ML2 7NP3
£171K09/211.62 mi123, Parkneuk Street, Motherwell, Lanarkshire ML1 1BY3
£197.5K09/211.65 mi10, Cobbett Road, Motherwell, Lanarkshire ML1 3BX3
£166K10/211.65 mi121, Bluebell Wynd, Wishaw ML2 0PP3
£185K02/241.66 mi48, Grainger Way, Motherwell, Lanarkshire ML1 3GY3
£152K04/241.66 mi35, Bluebell Wynd, Wishaw, Lanarkshire ML2 0PP3
£82.5K12/211.68 mi29, Melrose Crescent, Wishaw, Lanarkshire ML2 7LG3
£130K08/241.69 mi49, Gala Crescent, Wishaw, Lan ML2 7JR3
£225K11/211.71 mi28, Aikman Road, Motherwell, Lanarkshire ML1 3BT3
£109.8K09/211.71 mi117, New Stevenston Road, Motherwell, Lanarkshire ML1 4EE3

Local Rents

16 rents from £725/mo to £1.3K/mo, average is £860/mo.

RentDateDistanceAddressBeds 
£75005/240.09 miGlassford Street, Motherwell3
£92506/240.24 miHowson Lea, Motherwell, ML13
£92512/240.24 miHowson Lea, Motherwell, ML13
£92512/230.24 mi-3
£92512/240.24 mi-3
£1,30003/240.67 miCharn Terrace, Motherwell, Lanarkshire, ML13
£72512/240.82 mi-3
£72512/240.82 mi-3
£82505/241 miWatson Street, Motherwell, ML13
£79512/231.04 mi-3
£79512/231.04 mi-3
£89510/241.04 mi-3
£89504/251.06 mi-3
£79512/231.18 mi-3
£79512/231.18 mi-3
£95005/241.2 miCarbarns West, Wishaw, Lanarkshire, ML23

Local Area Statistics

Population in Motherwell

54,089

Town centre distance

1.74 miles away

Nearest school

0.30 miles away

Nearest train station

0.50 miles away

 

 

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £155,000

October 7, 2024

Floor Plans

Description

  • End Terrace +
  • Three Bedrooms +
  • Spacious Lounge +
  • Fitted Kitchen/Dining Area +
  • Family Bathroom +
  • Gas Central Heating +
  • Double Glazed Windows +
  • Residents Parking +

Situated within a sought after location within the town of Motherwell and providing bright and airy accommodation throughout, lies this three bedroom end terrace property.

The property comprises of an entrance vestibule leading through to a bright and spacious open plan lounge featuring laminate flooring and front facing window allowing for plenty of natural daylight, a modern kitchen/dining room with fitted wall and floor mounted units and built in oven/gas hob with patio doors leading out to rear garden. On the upper floor you will find three bedrooms, all of which have laminate flooring with two benefiting from fitted floor to ceiling mirrored wardrobes, a stylish part tiled family bathroom with three piece suite consisting of WC, wash hand basin and bath with overhead shower.

The property is further enhanced with gas central heating, double glazed windows, allocated parking space to the front and enclosed rear garden with decked patio area.

Motherwell offers a great selection of shops, bars, restaurants and leisure facilities. It is perfectly located for the commuter, with the M74 & M8 providing convenient access to the central belt. The town also offers excellent public transport, with train and bus services providing links to the surrounding areas.

Agent Details

Fred Estate Agents, Motherwell

01698 538991

Next Steps?

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