3 Bed Semi-Detached House, Single Let, Motherwell, ML1 2JQ, £159,995

Howson Lea, Motherwell, ML1 2JQ - 1 views - 5 months ago

Under Offer
BTL
ROI: 2%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£82.5K - £375K

 

 

Square Metres

~93 m²

Value Estimate

£130,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,999

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,199

 

 

Cash Out

 

Rent Range

£725 - £1,300

Rent Estimate

£738

Running Costs/mo

£668

Cashflow/mo

£70

Cashflow/yr

£845

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £82.5K to £375K, average is £162.6K.

PriceDateDistanceAddressBeds 
£85K02/210.24 mi22, Dollar Park, Motherwell ML1 2LF3
£180K08/210.38 mi35, Annan Street, Motherwell, Lanarkshire ML1 2BP3
£245K04/240.44 mi4, Liath Avenue, Motherwell, Lanarkshire ML1 2QU3
£87K03/210.48 mi17, Lyons Quadrant, Wishaw, Lanarkshire ML2 7UA3
£165.1K10/210.5 mi31, Gresham View, Muirhouse, Motherwell ML1 2DP3
£193K01/210.51 mi700, Glasgow Road, Wishaw, Lan ML2 7TL3
£165.2K08/210.59 mi33, Kingfisher Court, Motherwell, Lanarkshire ML1 2FS3
£132K12/210.61 mi20, Merryton Road, Motherwell, Lanarkshire ML1 2NH3
£89K11/210.72 mi83, Laurel Drive, Wishaw, Lanarkshire ML2 7RD3
£104K03/240.79 mi30, Nethan Avenue, Wishaw, Lan ML2 0BG3
£137K06/240.89 mi84, Kirknethan, Wishaw, Lanarkshire ML2 0BX3
£136.7K07/210.99 mi53, Primrose Crescent, Motherwell, Lanarkshire ML1 2RE3
£201K08/241.01 mi23, Saffron Crescent, Wishaw, Lan ML2 0FA3
£126K09/211.03 mi4, Baxter Wynd, Wishaw ML2 0NL3
£143.8K07/211.1 mi1, Camellia Drive, Wishaw, Lanark ML2 0FF3
£117.5K07/211.12 mi14, Kyle Quadrant, Wishaw, Lanarkshire ML2 0AN3
£170K08/211.16 mi2, Stuart Quadrant, Wishaw, Lanarkshire ML2 0DL3
£150K04/241.2 mi19, Park Quadrant, Wishaw, Lanarkshire ML2 0DJ3
£148K02/211.22 mi39, Wilson Street, Motherwell, Lan ML1 1NP3
£210K11/211.24 mi141, Avon Street, Motherwell, Lanarkshire ML1 3AL3
£153K08/241.28 mi32, Old Manse Road, Wishaw, Lan ML2 0EN3
£205K08/211.28 mi37, Airbles Drive, Motherwell, Lanarkshire ML1 3AS3
£220.5K11/211.33 mi13, Elmhurst, Motherwell, Lanarkshire ML1 3RJ3
£109K03/241.35 mi16, Dundyvan Lane, Wishaw, Lan ML2 0HG3
£245.5K10/211.42 mi35, Alexander Gibson Way, Motherwell, Lan ML1 3FA3
£235K03/241.43 mi128, Glen Road, Wishaw, Lan ML2 7NP3
£280K03/211.43 mi118, Glen Road, Wishaw, Lanarkshire ML2 7NP3
£166K10/211.44 mi121, Bluebell Wynd, Wishaw ML2 0PP3
£152K04/241.44 mi35, Bluebell Wynd, Wishaw, Lanarkshire ML2 0PP3
£167.5K08/211.48 mi29, Peacock Wynd, Motherwell, Lanarkshire ML1 4ZL3
£125K04/241.51 mi26, Miller Street, Wishaw, Lanarkshire ML2 7BB3
£82.5K12/211.52 mi29, Melrose Crescent, Wishaw, Lanarkshire ML2 7LG3
£130K08/241.52 mi49, Gala Crescent, Wishaw, Lan ML2 7JR3
£136K11/211.54 mi2, Calder Grove, Motherwell, Lanarkshire ML1 1EP3
£326.2K06/241.57 mi54b, Belhaven Terrace, Wishaw, Lanarkshire ML2 7AY3
£295K08/211.58 mi56, Orchard Street, Motherwell, Lanarkshire ML1 3JD3
£375K07/211.59 mi32, Douglas Street, Motherwell, Lanarkshire ML1 3JG3
£260.3K12/211.59 mi70, Douglas Street, Motherwell, Lanarkshire ML1 3JG3
£310K04/241.61 mi108, Crawford Street, Motherwell, Lanarkshire ML1 3BN3
£265K02/241.66 mi26, Cunningham Street, Motherwell, Lanarkshire ML1 3EP3
£267.5K02/211.66 mi6, Viewpark Road, Motherwell, Lan ML1 3ER3
£150K08/211.68 mi133, Roman Road, Motherwell, Lanarkshire ML1 1EA3
£135.5K11/211.68 mi65, Ettrick Street, Wishaw, Lanarkshire ML2 7LE3
£115K01/211.68 mi28, Morar Street, Wishaw, Lan ML2 0JP3
£140K04/211.69 mi2, Swallow Road, Wishaw, Lanarkshire ML2 7QS3
£245K12/211.7 mi13, Clyde Avenue, Hamilton, Lanarkshire ML3 7TY3
£123K04/241.71 mi141, Caledonian Road, Wishaw, Lanarkshire ML2 8AT3
£210K03/241.71 mi24, Methil Court, Ferniegair, Hamilton, Lan ML3 7FN3
£160K07/211.77 mi13, Sunflower Gardens, Motherwell, Lanarkshire ML1 1BZ3
£253.8K01/211.78 mi39, The Loaning, Motherwell, Lan ML1 3HE3

Local Rents

15 rents from £725/mo to £1.3K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£92506/240.03 miHowson Lea, Motherwell, ML13
£92512/240.03 miHowson Lea, Motherwell, ML13
£92512/230.03 mi-3
£92512/240.03 mi-3
£75005/240.28 miGlassford Street, Motherwell3
£1,30003/240.46 miCharn Terrace, Motherwell, Lanarkshire, ML13
£72512/240.62 mi-3
£72512/240.62 mi-3
£79512/230.84 mi-3
£79512/230.84 mi-3
£89510/240.84 mi-3
£79512/230.98 mi-3
£79512/230.98 mi-3
£95005/241.01 miCarbarns West, Wishaw, Lanarkshire, ML23
£82505/241.22 miWatson Street, Motherwell, ML13

Local Area Statistics

Population in Motherwell

54,089

Town centre distance

1.80 miles away

Nearest school

0.40 miles away

Nearest train station

0.29 miles away

 

 

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £159,995

November 13, 2024

Floor Plans

Description

  • Semi-Detached +
  • Three Bedrooms +
  • Beautifully Presented +
  • Bright and Spacious +
  • Front facing lounge +
  • Fitted Kitchen +
  • Fitted Bathroom +
  • Extended +
  • Garden +
  • Driveway +

A well-appointed three-bedroom semi-detached villa located within one of Motherwell's most sought-after developments. This wonderful home offers flexible accommodation over two levels and would be a fantastic opportunity for the first-time buyer market.

On arrival at the property, you are welcomed by a spacious driveway. The rear garden grounds are of good size and benefit from excellent exposure to natural sunlight and high privacy levels.

Internally the accommodation comprises a reception vestibule, a front-facing lounge that leads to a dining area, a fully fitted kitchen, and a bright and spacious sitting room.

On the upper level lies three bedrooms and a three-piece bathroom.

Location

Motherwell hosts a wide range of amenities such as restaurants, bars, premier shops, and supermarkets as well as state-of-the-art sports facilities. Strathclyde Park is also just as short a distance away for leisurely activities. Motherwell train station in the town centre is close by and offers services to both Glasgow and Edinburgh. Motorway links include the M74 and M8, allowing easy commuting to the central belt and beyond.

Tenure: Freehold

Agent Details

Momo Homes, Wishaw

01698 537996

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪