3 Bed Terraced House, Single Let, Motherwell, ML1 3NE, £129,995

Lamlash Place, Motherwell, ML1 3NE - 4 views - 4 months ago

Sold STC
BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£92.5K - £375K

 

 

Square Metres

~93 m²

Value Estimate

£114,331

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,499

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,599

 

 

Cash Out

 

Rent Range

£699 - £1,100

Rent Estimate

£499

Running Costs/mo

£526

Cashflow/mo

£-27

Cashflow/yr

£-324

Gross Yield

5%

Local Sold Prices

28 sold prices from £92.5K to £375K, average is £207.5K.

PriceDateDistanceAddressBeds 
£260.3K12/210.21 mi70, Douglas Street, Motherwell, Lanarkshire ML1 3JG3
£375K07/210.21 mi32, Douglas Street, Motherwell, Lanarkshire ML1 3JG3
£253.8K01/210.22 mi39, The Loaning, Motherwell, Lan ML1 3HE3
£265K02/240.24 mi26, Cunningham Street, Motherwell, Lanarkshire ML1 3EP3
£295K08/210.24 mi56, Orchard Street, Motherwell, Lanarkshire ML1 3JD3
£267.5K02/210.27 mi6, Viewpark Road, Motherwell, Lan ML1 3ER3
£247.5K12/210.28 mi5, Kethers Lane, Motherwell, Lanarkshire ML1 3HL3
£185K02/240.34 mi48, Grainger Way, Motherwell, Lanarkshire ML1 3GY3
£310K04/240.36 mi108, Crawford Street, Motherwell, Lanarkshire ML1 3BN3
£210K03/210.37 mi4, Boyd Drive, Motherwell, Lanarkshire ML1 3HX3
£150K08/210.43 mi133, Roman Road, Motherwell, Lanarkshire ML1 1EA3
£160K07/210.49 mi13, Sunflower Gardens, Motherwell, Lanarkshire ML1 1BZ3
£245.5K10/210.49 mi35, Alexander Gibson Way, Motherwell, Lan ML1 3FA3
£151K06/210.5 mi39, Alyssum Crescent, Motherwell, Lan ML1 1DF3
£220.1K10/210.53 mi8, Senate Place, Motherwell ML1 3GE3
£105K12/210.59 mi97, Fort Street, Motherwell, Lanarkshire ML1 3RQ3
£197.5K09/210.6 mi10, Cobbett Road, Motherwell, Lanarkshire ML1 3BX3
£210K11/210.61 mi141, Avon Street, Motherwell, Lanarkshire ML1 3AL3
£136K11/210.63 mi2, Calder Grove, Motherwell, Lanarkshire ML1 1EP3
£171K09/210.63 mi123, Parkneuk Street, Motherwell, Lanarkshire ML1 1BY3
£225K11/210.71 mi28, Aikman Road, Motherwell, Lanarkshire ML1 3BT3
£205K08/210.72 mi37, Airbles Drive, Motherwell, Lanarkshire ML1 3AS3
£92.5K06/210.74 mi37, Horatius Street, Motherwell, Lanarkshire ML1 3RR3
£154.1K05/210.74 mi18, Horatius Street, Motherwell, Lanarkshire ML1 3RR3
£220.5K11/210.78 mi13, Elmhurst, Motherwell, Lanarkshire ML1 3RJ3
£148K12/210.83 mi4, Gibson Quadrant, Motherwell, Lanarkshire ML1 3TG3
£136.7K07/210.89 mi53, Primrose Crescent, Motherwell, Lanarkshire ML1 2RE3
£148K02/210.98 mi39, Wilson Street, Motherwell, Lan ML1 1NP3

Local Rents

13 rents from £699/mo to £1.1K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£1,05002/240.03 mi-3
£72505/240.13 miScotia Street, Motherwell3
£75002/250.29 mi-3
£82506/230.42 mi-3
£95008/230.45 mi-3
£99503/240.45 mi-3
£92512/240.45 mi-3
£82505/240.58 miWatson Street, Motherwell, ML13
£1,10004/250.74 mi-3
£77505/240.74 miBellshill Road, Motherwell, ML13
£89504/250.76 mi-3
£75005/240.93 mi-3
£69912/240.93 mi-3

Local Area Statistics

Population in Motherwell

54,089

Town centre distance

2.02 miles away

Nearest school

0.10 miles away

Nearest train station

0.39 miles away

 

 

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £129,995

December 5, 2024

Sold for £130,500

2023

Floor Plans

Description

  • Beautifully presented mid-terraced home in walk-in condition +
  • Spacious, full length lounge and open plan dining area with feature fireplace and patio doors leading to the rear garden +
  • Gorgeous white high gloss kitchen with contrasting grey worktops +
  • 2 large storage cupboards in the downstairs hallway +
  • Modern shower room +
  • 3 bedrooms with fitted wardrobes +
  • Low maintenance enclosed rear garden + lawn to front +
  • Close to Motherwell town centre, shops, bars, restaurants and Motherwell train station which has frequent services to Glasgow and Edinburgh +
  • Just a few moments drive from the M74, M8 and M73 motorways, as well as the A725 East Kilbride Expressway providing easy access to locations throughout Central Scotland +
  • COUNCIL TAX BAND:B - EPC RATING: D +

Move On are delighted to present to the market this lovely 3 bed-terraced home in Motherwell - Lamlash Place.

This beautifully presented home is in true walk-in condition, and the accommodation features: A bright, full length lounge and open plan dining area, with fresh, modern decor, feature fireplace and patio doors leading out to the rear garden; stunning kitchen with white high gloss wall and floor units, contrasting grey worktops and tiled splashback; stylish shower room, and 3 bedrooms, all of which have fitted wardrobes. There is gas central heating and double glazing.

Externally there is an enclosed, low maintenance garden to the rear which is fully paved; and to the front is a lawn area and there is parking for residents and guests.

Lamlash Place is located just off Logans Road in a popular area of Motherwell, close to the town centre and train station. Motherwell has a fantastic selection of retail facilities, shops, bars, restaurants, major supermarkets and leisure facilities; as well as being conveniently placed for public transport links and close to both the M74 and M8 motorways providing easy access to Glasgow, Edinburgh and throughout the central belt.

Mortgage advice available on this property - call to speak to one of our experienced advisers.

Property to sell? The team at Move On can get you on the market for sale.

Lounge 6.38m (20' 11") x 3.62m (11' 11")
Kitchen 3.90m (12' 10") x 2.80m (9' 2")
Bedroom 1 3.22m (10' 7") x 3.10m (10' 2")
Bedroom 2 3.62m (11' 11") x 3.16m (10' 4")
Bedroom 3 2.91m (9' 7") x 2.25m (7' 5")
Bathroom 3.08m (10' 1") x 1.46m (4' 9")

Agent Details

Move On, Motherwell

01698 537677

Next Steps?

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