2-bedroom flat · ML1 2RE
Listing removedListed 104 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Are you looking for a spacious, bright and well presented two bedroom top floor flat with secure entry door system and off road parking set within the highly sought after North Lodge Locale in Motherwell?
Hemmings Homes are delighted to offer to the market a rarely available top floor apartment which offers a well proportioned layout and is finished to a good standard throughout with fresh neutral decor and quality floor coverings.
The accommodation on offer is set on the preferred top floor with entry via secure entry system into welcoming entrance hallway with ample storage cupboards, bright and spacious lounge, fitted kitchen with ample wall and base units, three piece bathroom suite with shower and two large double bedrooms both with fitted wardrobes.
Further features of the property include gas central heating and double glazing. Externally the property benefits from communal off road parking and well maintained communal areas.
The letting agent highly recommends early internal inspection to fully appreciate the size and standard of accommodation on offer and to avoid disappointment.
Located close to Motherwell Town Centre, there are a wide range of amenities, including schools, shops and sports and recreational facilities, including Strathclyde Country Park and its many leisure pursuits The property sits within the catchment area for the highly sought after Dalziel High School and the popular Knowetop Primary school.
There is a mainline train station which offers services to both Glasgow and Edinburgh.
A comprehensive motorway network nearby, including M73, M74 and M8, offers excellent commuting access to all over Scotland and the South. Landlord Reg No : Ctax : A EPC : D larn : 2512008
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About 25, Primrose Crescent, Motherwell
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