3 Bed Terraced House, Single Let, Motherwell, ML1 4NB, £110,000

46 DALE DRIVE, NEW STEVENSTON, MOTHERWELL, ML1 4NB - 5 months ago

Sold STC
BTL
ROI: 9%
~88 m²
+10 photos

ValuationOvervalued

Sold Prices£50K - £220K

 

 

Square Metres

~87.61 m²

Value Estimate

£85,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£699 - £1,250

Rent Estimate

£761

Running Costs/mo

£516

Cashflow/mo

£245

Cashflow/yr

£2,941

ROI

9%

Gross Yield

8%

Local Sold Prices

27 sold prices from £50K to £220K, average is £145K.

PriceDateDistanceAddressBeds 
£111.5K12/210.2 mi44, Windsor Road, Motherwell ML1 4QN3
£155K02/210.32 mi2, Centenary Quadrant, Motherwell, Lan ML1 4XQ3
£151K11/210.34 mi26, Sherry Avenue, Motherwell, Lanarkshire ML1 4YB3
£50K04/240.34 mi50, Sunnyside Crescent, Motherwell, Lanarkshire ML1 4RU3
£195K11/210.43 mi115, Jerviston Street, New Stevenston, Motherwell, Lanarkshire ML1 4HT3
£220K10/210.45 mi3, Main Street, Holytown, Motherwell, Lanarkshire ML1 4TA3
£126K09/210.46 mi16, Oakdene Crescent, Newarthill, Motherwell, Lanarkshire ML1 5TH3
£103.5K02/240.48 mi5, Gemini Grove, Motherwell, Lanarkshire ML1 4SP3
£150K02/210.51 mi5, Central Avenue, Motherwell, Lan ML1 4TE3
£81K01/210.54 mi12, Morar Way, Motherwell ML1 5HD3
£106.6K08/210.54 mi2, Morar Way, Motherwell, Lanarkshire ML1 5HD3
£85K02/210.55 mi5, Violet Place, Motherwell, Lan ML1 4SQ3
£110K10/210.57 mi92, Glenburn Avenue, Motherwell ML1 5EF3
£75K02/210.64 mi11, Kyle Quadrant, Motherwell, Lan ML1 5EB3
£145K10/210.68 mi34, Aultmore Drive, Carfin, Motherwell, Lanark ML1 4FN3
£152.1K05/210.7 mi9, Castle Avenue, Motherwell, Lanarkshire ML1 4TX3
£135K04/240.72 mi7, Brannock Place, Motherwell, Lanarkshire ML1 5DX3
£175.1K05/210.74 mi63, Leander Crescent, Bellshill, Lanarkshire ML4 1JA3
£155K08/210.74 mi11, Leander Crescent, Bellshill, Lanarkshire ML4 1JA3
£154.5K03/210.74 mi31, Leander Crescent, Bellshill, Lanarkshire ML4 1JA3
£174K05/210.76 mi2a, Leander Crescent, Bellshill, Lanarkshire ML4 1JB3
£182.5K04/240.77 mi76, Leander Crescent, Bellshill, Lanarkshire ML4 1JB3
£95K12/210.83 mi11, Braehead Quadrant, Motherwell, Lanarkshire ML1 5DJ3
£109.8K09/210.85 mi117, New Stevenston Road, Motherwell, Lanarkshire ML1 4EE3
£124.1K09/210.87 mi15, Yett Road, Motherwell, Lanarkshire ML1 5DQ3
£174.3K02/210.9 mi9, Mclaren Drive, Bellshill, Lanark ML4 2FB3
£176.7K09/210.94 mi10, Culloden Avenue, Bellshill, Lanark ML4 2AX3

Local Rents

12 rents from £699/mo to £1.3K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79503/240.16 miUnion Street, Motherwell, Lanarkshire, ML13
£99512/240.52 miPlantation Avenue, Motherwell, Lanarkshire, ML13
£99503/240.52 mi-3
£92505/240.55 miCarfin Street, New Stevenston3
£85007/240.77 mi-3
£1,25009/240.87 mi-3
£99505/241.06 miAdamson Street, Bellshill, Lanarkshire, ML43
£79512/231.1 mi-3
£79512/231.1 mi-3
£85011/241.2 mi-3
£75005/241.23 mi-3
£69912/241.23 mi-3

Local Area Statistics

Population in Motherwell

54,089

Town centre distance

1.03 miles away

Nearest school

0.30 miles away

Nearest train station

0.19 miles away

 

 

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £110,000

November 15, 2024

Floor Plans

Description

  • Council Tax Band A, Home Report Attached +
  • Spacious Living Room +
  • Modern Fitted Kitchen +
  • Three Good Sized Bedrooms +
  • Family Bathroom +
  • Garden Room +
  • Large Rear Garden +
  • Off Road Parking +
  • Convenient Location +
  • Viewing Advised +

The property has been INDEPENDENTLY VALUED at £110,000 by a Royal Institution of Chartered Surveyors (RICS) qualified surveyor.

This terraced home is in walk-in condition and is available now chain-free.

The property has been INDEPENDENTLY VALUED at £110,000 by a Royal Institution of Chartered Surveyors (RICS) qualified surveyor.

This mid-terraced home is located in Holytown with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield, sitting between the M8 and M74

The accommodation briefly comprises a welcoming entranceway, a spacious living room and a fitted kitchen.

To the first floor is an inviting landing area through to three well-proportioned bedrooms and a three-piece shower room

Externally, the property benefits from a rear garden with a garden room, and off-road parking to the front.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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