3 Bed Flat, Single Let, Motherwell, ML1 5JD, £83,000
Spalehall Drive, Motherwell, ML1 5JD - a month ago
Sold STC
BTL
ROI: 4%
~93 m²





+7 photos
ValuationOvervalued
Sold Prices | £20K - £250K |
| |
Square Metres | ~93 m² |
Value Estimate | £77,000 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £20,750 |
Stamp Duty & Legal Fees | £5,350 |
Total Cash In | £26,100 |
| |
Cash Out | |
Rent Range | £425 - £1,850 |
Rent Estimate | £456 |
Running Costs/mo | £371 |
Cashflow/mo | £85 |
Cashflow/yr | £1,025 |
ROI | 4% |
Gross Yield | 7% |
Local Sold Prices
19 sold prices from £20K to £250K, average is £72K.
Local Rents
54 rents from £425/mo to £1.9K/mo, average is £750/mo.
Local Area Statistics
Population in Motherwell | 54,089 |
Town centre distance | 0.94 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.74 miles away |
| |
Rental growth (12m) | +69% |
Sales demand | Seller's market |
Capital growth (5yrs) | +4% |
Property History
Listed for £83,000
March 14, 2025
Floor Plans

Description
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