3 Bed Terraced House, Single Let, Motherwell, ML1 1YL, £95,000

311 Watson Street, Motherwell, ML1 1YL - 4 views - 3 months ago

Sold STC
BTL
ROI: 12%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£136K - £375K

 

 

Square Metres

~93 m²

Value Estimate

£118,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Total Cash In

£27,800

 

 

Cash Out

 

Rent Range

£699 - £1,050

Rent Estimate

£747

Running Costs/mo

£466

Cashflow/mo

£281

Cashflow/yr

£3,369

ROI

12%

Gross Yield

9%

Local Sold Prices

25 sold prices from £136K to £375K, average is £210K.

PriceDateDistanceAddressBeds 
£210K11/210.23 mi141, Avon Street, Motherwell, Lanarkshire ML1 3AL3
£245.5K10/210.33 mi35, Alexander Gibson Way, Motherwell, Lan ML1 3FA3
£375K07/210.37 mi32, Douglas Street, Motherwell, Lanarkshire ML1 3JG3
£295K08/210.37 mi56, Orchard Street, Motherwell, Lanarkshire ML1 3JD3
£260.3K12/210.37 mi70, Douglas Street, Motherwell, Lanarkshire ML1 3JG3
£136.7K07/210.39 mi53, Primrose Crescent, Motherwell, Lanarkshire ML1 2RE3
£205K08/210.43 mi37, Airbles Drive, Motherwell, Lanarkshire ML1 3AS3
£310K04/240.47 mi108, Crawford Street, Motherwell, Lanarkshire ML1 3BN3
£265K02/240.47 mi26, Cunningham Street, Motherwell, Lanarkshire ML1 3EP3
£267.5K02/210.49 mi6, Viewpark Road, Motherwell, Lan ML1 3ER3
£220.5K11/210.54 mi13, Elmhurst, Motherwell, Lanarkshire ML1 3RJ3
£136K11/210.56 mi2, Calder Grove, Motherwell, Lanarkshire ML1 1EP3
£150K08/210.57 mi133, Roman Road, Motherwell, Lanarkshire ML1 1EA3
£253.8K01/210.59 mi39, The Loaning, Motherwell, Lan ML1 3HE3
£148K02/210.64 mi39, Wilson Street, Motherwell, Lan ML1 1NP3
£160K07/210.67 mi13, Sunflower Gardens, Motherwell, Lanarkshire ML1 1BZ3
£185K02/240.7 mi48, Grainger Way, Motherwell, Lanarkshire ML1 3GY3
£151K06/210.71 mi39, Alyssum Crescent, Motherwell, Lan ML1 1DF3
£165.2K08/210.75 mi33, Kingfisher Court, Motherwell, Lanarkshire ML1 2FS3
£247.5K12/210.79 mi5, Kethers Lane, Motherwell, Lanarkshire ML1 3HL3
£171K09/210.79 mi123, Parkneuk Street, Motherwell, Lanarkshire ML1 1BY3
£197.5K09/210.82 mi10, Cobbett Road, Motherwell, Lanarkshire ML1 3BX3
£210K03/210.9 mi4, Boyd Drive, Motherwell, Lanarkshire ML1 3HX3
£225K11/210.91 mi28, Aikman Road, Motherwell, Lanarkshire ML1 3BT3
£220.1K10/210.97 mi8, Senate Place, Motherwell ML1 3GE3

Local Rents

17 rents from £699/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£82505/240.09 miWatson Street, Motherwell, ML13
£85003/250.44 mi-3
£95008/230.48 mi-3
£99503/240.48 mi-3
£92512/240.48 mi-3
£72505/240.53 miScotia Street, Motherwell3
£1,05002/240.56 mi-3
£82506/230.58 mi-3
£75002/250.78 mi-3
£75005/240.95 miGlassford Street, Motherwell3
£77505/241.12 miBellshill Road, Motherwell, ML13
£75005/241.23 mi-3
£69912/241.23 mi-3
£92506/241.24 miHowson Lea, Motherwell, ML13
£92512/241.24 miHowson Lea, Motherwell, ML13
£92512/231.24 mi-3
£92512/241.24 mi-3

Local Area Statistics

Population in Motherwell

54,089

Town centre distance

1.75 miles away

Nearest school

0.30 miles away

Nearest train station

0.32 miles away

 

 

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £95,000

January 8, 2025

Floor Plans

Description

  • Terraced Family Home +
  • 3 Well-proportioned Bedrooms +
  • Large Lounge +
  • Fitted Kitchen +
  • Family Bathroom +
  • Driveway +
  • Gardens +
  • Close to Shops and Transport Links +

Nestled in the heart of Motherwell, this charming three-bedroom terraced home on Watson Street offers an inviting blend of comfort and convenience. With a private driveway and beautifully maintained gardens, this property is perfect for families, first-time buyers, or those looking to downsize without compromising on outdoor space.

The interior boasts a thoughtfully designed layout, providing spacious and versatile living areas that cater to modern lifestyles. The natural light that fills each room enhances the warm and welcoming atmosphere, making it easy to feel at home from the moment you step inside.

Located in a vibrant and well-connected part of Motherwell, the property benefits from a wealth of local amenities. Nearby schools make it an excellent choice for families, while local shops, supermarkets, and eateries ensure all daily essentials and more are just a short walk away. Watson Street is also well-served by public transport links, with Motherwell Train Station offering quick access to Glasgow and Edinburgh, making it ideal for commuters.

For leisure, residents can enjoy the picturesque Strathclyde Country Park, which is just a stone’s throw away. This popular spot offers stunning walking trails, water sports, and picnic areas, providing the perfect escape for outdoor enthusiasts. The vibrant town center is home to a variety of cafes, restaurants, and entertainment options, ensuring there’s always something to do close to home.

This property combines a desirable location with practical features, making it a standout choice for those looking to enjoy the best of what Motherwell has to offer.

Agent Details

Hemmings Homes, Lanarkshire

01698 538069

Next Steps?

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