3 Bed Flat, Single Let, Motherwell, ML1 3LY, £95,000

Ailsa Avenue, Motherwell, ML1 3LY - 22 days ago

BTL
ROI: 11%
~93 m²
+4 photos

ValuationOvervalued

Sold Prices£20K - £225K

 

 

Square Metres

~93 m²

Value Estimate

£91,000

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 - £1,100

Rent Estimate

£744

Running Costs/mo

£466

Cashflow/mo

£278

Cashflow/yr

£3,340

ROI

11%

Gross Yield

9%

Local Sold Prices

23 sold prices from £20K to £225K, average is £87K.

PriceDateDistanceAddressBeds 
£87K10/210.04 mi31, Ailsa Avenue, Motherwell, Lanarkshire ML1 3LY3
£133K05/210.58 mi109, Hamilton Road, Motherwell, Lanarkshire ML1 3DG3
£135K04/210.77 mi46, Imlach Place, Motherwell, Lanarkshire ML1 3FD3
£20K12/210.92 mi117, Dalriada Crescent, Motherwell, Lanarkshire ML1 3XT3
£72K11/210.96 mi249, Airbles Street, Motherwell ML1 1XZ3
£75.5K04/240.96 mi233, Airbles Street, Motherwell, Lanarkshire ML1 1XZ3
£31.3K10/211 mi36, Jimmy Sneddon Way, Motherwell ML1 3YG3
£46K05/211.07 mi7, Talisman Crescent, Motherwell, Lanarkshire ML1 3YB3
£162.5K10/211.43 mi49, Avonbridge Drive, Hamilton ML3 7EG3
£85K09/211.49 mi185, Motherwell Road, Bellshill, Lanarkshire ML4 2JG3
£85K02/211.49 mi207, Motherwell Road, Bellshill, Lanarkshire ML4 2JG3
£225K03/211.55 mi51, The Paddock, Hamilton ML3 0RF3
£80K01/211.6 mi125, Motherwell Road, Bellshill, Lan ML4 2JD3
£82K02/241.62 mi93, Thorndean Avenue, Bellshill, Lanarkshire ML4 2LL3
£178K03/211.7 mi8, Orchard Brae, Hamilton ML3 6JD3
£87.5K04/241.74 mi8, Thorndean Avenue, Bellshill, Lanarkshire ML4 2LH3
£151K05/211.76 mi2/1, Park Road, Hamilton, Lanarkshire ML3 6PD3
£65K11/211.88 mi8, Range Street, Motherwell ML1 2HT3
£90K10/211.96 mi576, Main Street, Bellshill, Lanarkshire ML4 1DL3
£85K12/212.11 mi11, Albert Street, Hamilton, Lanarkshire ML3 0JZ3
£119K08/212.39 mi4, Broad Cairn Court, Motherwell ML1 2PE3
£92K04/212.6 mi23, Senga Crescent, Bellshill, Lanarkshire ML4 1JT3
£95K02/242.63 mi129, Rockburn Crescent, Bellshill, Lanarkshire ML4 3EX3

Local Rents

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

RentDateDistanceAddressBeds 
£1,05002/240.26 mi-3
£75002/250.37 mi-3
£72505/240.37 miScotia Street, Motherwell3
£82506/230.46 mi-3
£1,10003/250.61 mi-3
£95008/230.7 mi-3
£99503/240.7 mi-3
£92512/240.7 mi-3
£77505/240.8 miBellshill Road, Motherwell, ML13
£82505/240.8 miWatson Street, Motherwell, ML13
£85003/251.02 mi-3
£75005/241.02 mi-3
£69912/241.02 mi-3
£79502/241.24 mi-3
£89512/241.24 mi-3

Local Area Statistics

Population in Motherwell

54,089

Town centre distance

2.26 miles away

Nearest school

0.30 miles away

Nearest train station

0.65 miles away

 

 

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £95,000

March 14, 2025

Floor Plans

Description

  • Sought-after Location +
  • Lower Cottage Flat +
  • Spacious Lounge +
  • Fitted Kitchen +
  • 3 Weill-proportioned Bedrooms +
  • Family Bathroom +
  • Driveway +
  • Garden +

Ideally situated in the desirable area of Ailsa Avenue, Motherwell, this beautifully presented three-bedroom lower cottage flat offers the perfect blend of comfort, style, and convenience. With its own private driveway and well-maintained gardens, this home is an ideal choice for those seeking a peaceful yet well-connected location.

Inside, the property has been tastefully decorated to create a warm and inviting atmosphere, with spacious living areas that cater to modern family life. The three generously sized bedrooms provide ample space for relaxation, while the contemporary kitchen and stylish bathroom add to the home’s overall appeal. The private gardens offer an ideal outdoor retreat, perfect for enjoying the fresh air or entertaining guests.

Situated in a sought-after residential pocket of Motherwell, this home benefits from excellent transport links. Motherwell Train Station is just a short distance away, offering frequent services to Glasgow and Edinburgh, making commuting easy. The nearby M74 and M8 motorways provide swift access to surrounding towns and cities, while local bus services ensure seamless connectivity.

Ailsa Avenue is close to a range of well-regarded schools, local shops, and leisure facilities, including Strathclyde Country Park, which offers picturesque walking trails and outdoor activities. With its combination of charm, convenience, and location, this stunning lower cottage flat presents an outstanding opportunity for families, professionals, or those looking to downsize without compromising on space or quality.

Agent Details

Hemmings Homes, Lanarkshire

01698 538069

Next Steps?

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