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

Morton Street, Motherwell, ML1 1DL - a month ago

Sold STC
BTL
ROI: 11%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£92.5K - £375K

 

 

Square Metres

~93 m²

Value Estimate

£114,331
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£699 - £1,250

Rent Estimate

£741

Running Costs/mo

£465

Cashflow/mo

£276

Cashflow/yr

£3,311

ROI

11%

Gross Yield

9%

Local Sold Prices

25 sold prices from £92.5K to £375K, average is £205K.

PriceDateDistanceAddressBeds 
£150K08/210.12 mi133, Roman Road, Motherwell, Lanarkshire ML1 1EA3
£160K07/210.13 mi13, Sunflower Gardens, Motherwell, Lanarkshire ML1 1BZ3
£136K11/210.13 mi2, Calder Grove, Motherwell, Lanarkshire ML1 1EP3
£151K06/210.17 mi39, Alyssum Crescent, Motherwell, Lan ML1 1DF3
£171K09/210.18 mi123, Parkneuk Street, Motherwell, Lanarkshire ML1 1BY3
£185K02/240.31 mi48, Grainger Way, Motherwell, Lanarkshire ML1 3GY3
£295K08/210.41 mi56, Orchard Street, Motherwell, Lanarkshire ML1 3JD3
£260.3K12/210.48 mi70, Douglas Street, Motherwell, Lanarkshire ML1 3JG3
£375K07/210.48 mi32, Douglas Street, Motherwell, Lanarkshire ML1 3JG3
£220.1K10/210.52 mi8, Senate Place, Motherwell ML1 3GE3
£148K02/210.54 mi39, Wilson Street, Motherwell, Lan ML1 1NP3
£265K02/240.69 mi26, Cunningham Street, Motherwell, Lanarkshire ML1 3EP3
£267.5K02/210.74 mi6, Viewpark Road, Motherwell, Lan ML1 3ER3
£253.8K01/210.74 mi39, The Loaning, Motherwell, Lan ML1 3HE3
£105K12/210.76 mi97, Fort Street, Motherwell, Lanarkshire ML1 3RQ3
£310K04/240.79 mi108, Crawford Street, Motherwell, Lanarkshire ML1 3BN3
£245.5K10/210.8 mi35, Alexander Gibson Way, Motherwell, Lan ML1 3FA3
£210K11/210.81 mi141, Avon Street, Motherwell, Lanarkshire ML1 3AL3
£247.5K12/210.82 mi5, Kethers Lane, Motherwell, Lanarkshire ML1 3HL3
£148K12/210.84 mi4, Gibson Quadrant, Motherwell, Lanarkshire ML1 3TG3
£210K03/210.9 mi4, Boyd Drive, Motherwell, Lanarkshire ML1 3HX3
£92.5K06/210.94 mi37, Horatius Street, Motherwell, Lanarkshire ML1 3RR3
£154.1K05/210.94 mi18, Horatius Street, Motherwell, Lanarkshire ML1 3RR3
£205K08/210.99 mi37, Airbles Drive, Motherwell, Lanarkshire ML1 3AS3
£136.7K07/211 mi53, Primrose Crescent, Motherwell, Lanarkshire ML1 2RE3

Local Rents

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

RentDateDistanceAddressBeds 
£95008/230.14 mi-3
£99503/240.14 mi-3
£92512/240.14 mi-3
£85003/250.41 mi-3
£72505/240.42 miScotia Street, Motherwell3
£75002/250.47 mi-3
£1,05002/240.57 mi-3
£77505/240.57 miBellshill Road, Motherwell, ML13
£75005/240.63 mi-3
£69912/240.63 mi-3
£82505/240.69 miWatson Street, Motherwell, ML13
£85007/240.84 mi-3
£82506/230.9 mi-3
£1,10003/250.93 mi-3
£1,25009/241.19 mi-3

Local Area Statistics

Population in Motherwell

54,089

Town centre distance

1.48 miles away

Nearest school

0.10 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 £95,000

March 6, 2025

Floor Plans

Description

  • 3 Bedroom End Terraced Home +
  • Fantastic Opportunity For 1st Time Buyers For Their Starter Home +
  • Gas Central Heating & Double Glazing +
  • Monoblocked Driveway +
  • Ample Sized, South Facing Rear Garden +
  • Central Location, Walking Distance To Motherwell Town Centre & Train Stations +
  • Within Catchment Area For Muir Street & Cathedral Primary Schools, Plus Braidhurst & Our Lady's High Schools +
  • Council Tax Band - A +

Hello, are you looking for fantastic investment opportunity, or a property to turn into a great family home; a spacious 3 bedroom end terraced house in a popular part of Motherwell town centre?
Would you like it to be well placed for easy access to motorway links and within walking distance of the town centre, train station, local bus routes and local parks?
How about a spacious lounge with large front facing windows allowing for plenty of natural light, and offering lots of space for your free standing furniture?
What about the chance to install the kitchen of your dreams, complete with a large pantry cupboard and back door access to the rear garden?
Would you be looking for 3 great size bedrooms on the upper floor, amazing space in all to put your own stamp on, plus a floored loft with acsess via the 3rd bedroom for that extra space all family s need?
How would you be like to have a monoblocked driveway to the front for off street parking, plus a substantial sized South facing rear garden, fully enclosed?
What about being located within a great school catchment area with Muir Street & Cathedral Primary Schools, Plus Braidhurst & Our Lady's High Schools?
If this sounds like you, Igloo have what you're looking for!

For more information or to arrange a viewing on this 3 bedroom family home with bags of potential, call us today!

Do You Need A Hand To Sell?
The home report information pack includes :
1. Single Survey and Mortgage Valuation -This gives information about the properties current condition, and any problems it has and how urgently they need attention. A generic mortgage valuation report is included which potential buyers can take to their lenders to assist in the arrangement of their mortgage.
2. Energy Performance Certificate : This report will show how "green" the property is and will rate the home A-G for energy efficiency (similar to how fridges and freezers are rated). The report will recommend how to improve the property's energy efficiency.
3. Property Questionnaire : This is completed by the seller, and it shows who the gas and electricity supplier are, the parking arrangements, council tax band, and other useful general information.
A copy of this full report can be made available to any genuinely interested buyers of this property on request.

Where floor plans are used, these are intended for guidance purposes only. Measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission or mis-statement.

Agent Details

Igloo, Hamilton

01698 533984

Next Steps?

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