3 Bed Flat, Single Let, Motherwell, ML1 5HP, £80,000

High Street, Motherwell, ML1 5HP - 23 days ago

BTL
ROI: 6%
~93 m²
+18 photos

ValuationFair Value

Sold Prices£20K - £250K

 

 

Square Metres

~93 m²

Value Estimate

£80,000

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

£425 - £1,850

Rent Estimate

£496

Running Costs/mo

£369

Cashflow/mo

£127

Cashflow/yr

£1,522

ROI

6%

Gross Yield

7%

Local Sold Prices

15 sold prices from £20K to £250K, average is £63K.

PriceDateDistanceAddressBeds 
£80K04/240.26 mi27, Gowkhall Avenue, Motherwell, Lanarkshire ML1 5JF3
£77K08/210.26 mi125, High Street, Motherwell, Lanarkshire ML1 5JH3
£250K01/211.37 mi24, Bellside Road, Cleland, Motherwell, Lan ML1 5NP3
£78K08/212.36 mi17, Park Road, Calderbank, Airdrie, Lanarkshire ML6 9TG3
£63K06/212.36 mi14, Viewbank Avenue, Calderbank, Airdrie, Lanarkshire ML6 9TJ3
£28K05/212.44 mi12, Stobo Street, Wishaw, Lanarkshire ML2 8QW3
£45K01/212.45 mi22, Fiddoch Court, Newmains, Wishaw, Lanarkshire ML2 9DT3
£39K04/212.48 mi4, Fiddoch Court, Newmains ML2 9DT3
£46K05/212.6 mi7, Talisman Crescent, Motherwell, Lanarkshire ML1 3YB3
£31.3K10/212.6 mi36, Jimmy Sneddon Way, Motherwell ML1 3YG3
£20K12/212.64 mi117, Dalriada Crescent, Motherwell, Lanarkshire ML1 3XT3
£60K03/212.72 mi11, Gartness Drive, Airdrie, Lanarkshire ML6 8PT3
£90K10/212.79 mi576, Main Street, Bellshill, Lanarkshire ML4 1DL3
£75K06/212.89 mi39, Stewart Crescent, Newmains, Wishaw, Lanarkshire ML2 9DJ3
£65K11/212.95 mi8, Range Street, Motherwell ML1 2HT3

Local Rents

54 rents from £425/mo to £1.9K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£42510/230.07 mi-1
£50003/250.07 mi-1
£55005/240.11 miMuirhead Drive, Newarthill, Motherwell, North Lanarkshire, ML1 5TG1
£83008/240.12 mi-2
£55005/240.14 miGreenside Street, Motherwell, North Lanarkshire, ML1 5TQ1
£85011/240.36 mi-3
£75002/240.37 mi-2
£79512/230.43 mi-3
£79512/230.43 mi-3
£85002/240.76 mi-2
£85002/250.76 mi-2
£85003/250.76 mi-2
£1,00004/250.82 mi-2
£55003/250.99 mi-1
£79502/241.01 mi-3
£75005/241.02 miTinto Way, Cleland, North Lanarkshire, ML13
£45005/241.15 mi-1
£69512/241.2 mi-2
£69512/241.2 miOmoa Road, Cleland, ML12
£55012/241.2 mi-1
£1,85001/251.26 mi-5
£79505/241.28 miDornoch Road, Motherwell, North Lanarkshire, ML12
£85005/241.28 miLaberge Gardens, Motherwell, Lanarkshire, ML12
£99503/241.36 mi-3
£92505/241.44 miCarfin Street, New Stevenston3
£1,25010/241.48 mi-3
£79503/241.48 miUnion Street, Motherwell, Lanarkshire, ML13
£1,45005/241.5 miSkylark Wynd, Motherwell, North Lanarkshire, ML1 1AQ4
£99512/241.52 miPlantation Avenue, Motherwell, Lanarkshire, ML13
£62503/241.53 mi-2
£85008/241.56 mi-2
£85003/251.56 mi-2
£75011/231.57 mi-2
£75011/231.57 mi-2
£1,20003/241.58 miBrock Place, Motherwell, Lanarkshire, ML13
£79512/241.58 mi-3
£79505/241.58 miHoneywell Crescent, Chapelhall, Airdrie, ML63
£87509/241.58 mi-2
£85012/241.7 mi-3
£95003/251.7 mi-3
£69506/241.71 mi-2
£60012/241.73 mi-2
£79512/241.73 mi-3
£55011/231.74 mi-1
£85007/241.84 mi-3
£85007/231.87 mi-2
£55012/231.89 mi-2
£55012/231.89 mi-2
£55012/231.89 mi-2
£60004/251.89 mi-2
£60006/231.89 mi-1
£60007/241.89 mi-1
£49512/241.89 mi-2
£70003/251.89 mi-2

Local Area Statistics

Population in Motherwell

54,089

Town centre distance

1.23 miles away

Nearest school

0.40 miles away

Nearest train station

1 miles away

 

 

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £80,000

March 19, 2025

Floor Plans

Description

  • Large Living Room +
  • New Shower Room +
  • 3 Double Bedrooms +
  • Large Rear Garden +
  • Private Driveway +

                                                                   * Closing Date Set - Monday 31st March at 12 Noon * 3-Bed Upper Cottage with Large Garden & Driveway – Newarthill, Motherwell This generously sized three-bedroom upper cottage offers a fantastic opportunity for families or professionals, boasting an expansive private rear garden, a large driveway, and stunning countryside views. Upon entering via the staircase, you are welcomed by a long hallway leading to all rooms. The spacious front-facing living room provides ample space to design your ideal layout. The modern kitchen offers plenty of cabinetry and worktop space, with enough room for dining table. The property features three well-proportioned bedrooms: Bedroom 1: A double room with a built-in wardrobe area. Bedroom 2: Versatile space, perfect as a double bedroom, nursery, or home office. Bedroom 3: Overlooking the rear, offering breathtaking views of the open countryside. A sleek new shower room completes this charming home. Externally, the property boasts a large private driveway and an extensive rear garden, perfect for outdoor living. Located close to Schools and Motherwell’s amenities and offering excellent motorway access, this home combines space, comfort, and convenience. Early viewing is highly recommended! Marketed by Anthony Charles Coyle - Yopa Lanarkshire 

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Agent Details

Yopa, Scotland & The North

0161 524 0574

Next Steps?

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