2 Bed Flat, Single Let, Motherwell, ML1 3NU, £60,000
Birrens Road, Motherwell, Lanarkshire, ML1 3NU - 2 views - 14 days ago
BTL
ROI: 8%
~68 m²





+19 photos
ValuationOvervalued
Sold Prices | £30K - £192.5K |
| |
Square Metres | ~68.11 m² |
Value Estimate | £40,874 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £15,000 |
Stamp Duty & Legal Fees | £4,200 |
Total Cash In | £19,200 |
| |
Cash Out | |
Rent Range | £650 - £3,000 |
Rent Estimate | £425 |
Running Costs/mo | £293 |
Cashflow/mo | £133 |
Cashflow/yr | £1,590 |
ROI | 8% |
Gross Yield | 9% |
Local Sold Prices
20 sold prices from £30K to £192.5K, average is £101.1K.
Local Rents
17 rents from £650/mo to £3K/mo, average is £775/mo.
Local Area Statistics
Population in Motherwell | 54,089 |
Town centre distance | 2.08 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.64 miles away |
| |
Rental growth (12m) | +69% |
Sales demand | Seller's market |
Capital growth (5yrs) | +4% |
Property History
Listed for £60,000
March 28, 2025
Description
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