2 Bed Flat, Single Let, Motherwell, ML1 3TL, £80,000

Bellshill Road, Motherwell, ML1 3TL - 2 months ago

Sold STC
BTL
ROI: 7%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£30K - £119.5K

 

 

Square Metres

~68.11 m²

Value Estimate

£74,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£500 - £3,000

Rent Estimate

£522

Running Costs/mo

£374

Cashflow/mo

£148

Cashflow/yr

£1,771

ROI

7%

Gross Yield

8%

Local Sold Prices

25 sold prices from £30K to £119.5K, average is £70K.

PriceDateDistanceAddressBeds 
£39.5K04/240.2 mi250, Dalriada Crescent, Motherwell, Lanarkshire ML1 3YA2
£43.5K02/240.3 mi95, Dalriada Crescent, Motherwell, Lanarkshire ML1 3XT2
£40K02/240.3 mi79, Dalriada Crescent, Motherwell, Lanarkshire ML1 3XT2
£30K05/210.35 mi186, Dalriada Crescent, Motherwell, Lanarkshire ML1 3XS2
£73K08/210.45 mi59, Fort Street, Motherwell ML1 3QP2
£110K04/240.51 mi39, John Muir Way, Motherwell, Lanarkshire ML1 3GX2
£70K02/210.61 mi79, Orbiston Drive, Bellshill, Lanarkshire ML4 2LX2
£60K11/210.67 mi4, Blairholm Drive, Bellshill, Lanarkshire ML4 2JY2
£65K04/210.7 mi9, Roman Drive, Bellshill, Lanarkshire ML4 2JQ2
£85K10/210.83 mi24, Garfield Drive, Bellshill, Lanarkshire ML4 2NX2
£119.5K10/210.84 mi50, Bruce Avenue, Motherwell, Lanarkshire ML1 3LB2
£68.5K06/210.85 mi9, Northfield Street, Motherwell, Lanarkshire ML1 1HE2
£85K08/210.86 mi126a, Clydesdale Road, Bellshill, Lanarkshire ML4 2QL2
£74K08/210.88 mi15, Coltness Drive, Bellshill ML4 2JE2
£92K07/210.88 mi21, Garfield Drive, Bellshill, Lan ML4 2NX2
£58K09/210.89 mi32, Vulcan Street, Motherwell ML1 1HB2
£54K12/210.9 mi40, Brodick Avenue, Motherwell, Lanarkshire ML1 3PS2
£84K12/210.92 mi1, Russell Street, Bellshill, Lanarkshire ML4 1DR2
£63K03/210.96 mi14, Thorndean Avenue, Bellshill, Lanarkshire ML4 2LH2
£70K08/210.97 mi43, Russell Street, Bellshill, Lanarkshire ML4 1DS2
£63K11/210.97 mi67, Russell Street, Bellshill, Lanarkshire ML4 1DS2
£100K03/210.98 mi27, Henderson Court, Motherwell ML1 3GZ2
£83K07/210.99 mi17, Adamson Street, Bellshill, Lanarkshire ML4 1DT2
£70K05/210.99 mi22, Adamson Street, Bellshill, Lanarkshire ML4 1DT2
£85K07/211 mi26, Mccourt Gardens, Bellshill, Lanark ML4 1QB2

Local Rents

36 rents from £500/mo to £3K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£77505/240.04 miBellshill Road, Motherwell, Lanarkshire2
£77510/230.05 mi-2
£77507/240.05 mi-2
£79505/240.19 miFrood Street, Motherwell2
£50005/230.24 mi-2
£50002/240.24 mi-2
£60012/240.34 miDalriada Crescent, Motherwell2
£3,00002/250.58 mi-2
£69512/240.72 mi3 Findlay Court, Motherwell, ML1 1LA2
£87510/240.76 mi-2
£79512/230.78 mi-2
£65009/240.8 mi-2
£65012/240.82 miArran Road, Motherwell, Lanarkshire, ML12
£85005/240.84 miBruce Avenue, Motherwell, Lanarkshire, ML12
£75012/240.85 mi-2
£75012/240.85 mi-2
£1,99912/240.95 mi-2
£75005/240.96 miHenderson Court, Motherwell, ML12
£75003/240.96 mi-2
£85009/240.96 mi-2
£80006/240.99 miBoyd Drive, Motherwell, ML12
£80012/240.99 mi-2
£80012/240.99 mi-2
£65010/241.04 mi-2
£60010/241.08 mi-2
£60002/251.09 mi-2
£60009/241.09 mi-2
£86004/251.09 mi-2
£87506/241.09 mi-2
£59505/241.09 mi-2
£69507/241.1 mi-2
£71506/241.1 miDean Street, Bellshill, ML42
£69512/231.11 mi-2
£52503/241.15 miCrossgates, Bellshill, Lanarkshire, ML42
£65007/231.18 mi-2
£66012/241.2 mi-2

Local Area Statistics

Population in Motherwell

54,089

Town centre distance

1.86 miles away

Nearest school

0.30 miles away

Nearest train station

0.97 miles away

 

 

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £80,000

February 17, 2025

Floor Plans

Description

  • Polular Location +
  • Ground Floor Cottage Flat +
  • 2 Bedrooms +
  • Shower Room +
  • Garden +
  • Driveway +

This charming two-bedroom ground floor cottage flat on Bellshill Road, Motherwell, offers a comfortable and convenient living space. The property features a spacious lounge, a fitted kitchen equipped with appliances, and a modern shower room. Externally, it boasts well-maintained gardens and a private driveway, providing ample off-street parking.

Situated in a vibrant community, the flat is within close proximity to a variety of local amenities, including reputable schools, supermarkets, and recreational facilities. For outdoor enthusiasts, Strathclyde Country Park is easily accessible, offering picturesque walking trails, water sports, and family-friendly picnic areas.

Commuters will appreciate the excellent transport links, with Motherwell train station nearby, providing frequent services to Glasgow, Edinburgh, and other major cities. The property also offers convenient access to the M74 and M8 motorways, facilitating seamless travel across Scotland's central belt. A regular bus network further enhances connectivity, making this location ideal for those who value ease of travel.

The surrounding area of Bellshill is a thriving town in North Lanarkshire, approximately 10 miles southeast of Glasgow city centre. Historically known for its industrial roots, Bellshill has evolved into a residential hub with a population of around 20,650. The town offers a range of educational institutions, including several primary schools such as Holy Family Primary School and Lawmuir Primary School, as well as secondary schools like Bellshill Academy and Cardinal Newman High School. The Bellshill Cultural Centre provides residents with access to a free library and hosts various community events. Sports enthusiasts can take advantage of facilities like the Sir Matt Busby Sports Complex, which includes a swimming pool, gym, and health suite. Additionally, the town is well-connected via the Bellshill railway station, offering services to major cities, and is conveniently located near

Agent Details

Hemmings Homes, Lanarkshire

01698 538069

Next Steps?

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