2-bedroom flat · ML1 4BB
Listing removedListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** SOLD at closing date *** This attractive and spacious Modern 2 bedroom Apartment is situated on the preferred 1st floor of a well maintained building in a popular development close to a range of excellent amenities.
The building itself is finished with a combination of render and facing brick beneath a hipped, concrete tiled roof.
Entry is via a security controlled main door with stairs leading to all levels and no 11 being easily accessed on the first floor.
At the rear of the building there are ample resident and visitor parking spaces, sheltered bin store and a neat selection of well maintained shrubs and plants.
Internally the apartment has an excellent layout and would be a perfect first time buy or indeed a popular buy to let investment as it has nice sized apartments, is in good order throughout with neutral decoration and has a fresh, modern interior.
The accommodation comprises entrance vestibule with door through to a good sized hallway with walk in storage cupboard to one side.
The main lounge/living room is an excellent size and has a bay window at the front providing an open view and at the far side of the room there is ample space for a dining table.
The room is freshly decorated and has a quality laminate floor.
Breakfasting sized kitchen which has a range of modern floor and wall storage units with integrated hob and oven and and a built in sink and drainer.
Plumbing for washing machine and space for fridge freezer with ample worktop surface area and a window to the front giving a nice open view.
There are two great sized bedrooms, both with built in wardrobes and master with en suite shower room which comprises shower enclosure, wash hand basin and w.c.
The main bathroom also has a nice modern suite comprising panelled bath with wall mounted mains shower, wash hand basin and w.c. Window to the side.
The property further benefits from gas central heating, double glazing and security controlled entry.
Carfin sits on the edge of Motherwell, near the Ravenscraig development which offers a regional sports facility.
This emerging suburb features a convenient retail park that includes shopping options and a coffee shop, and there are a number of primary and secondary schools within easy reach.
Its convenient access to the M74 and M8 motorways, as well as mainline train stations in Carfin and Motherwell, makes it an ideal spot for commuters.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 11 St. Mungo’s Crescent, Carfin ML1 4BB
Explore nearby
