2-bedroom flat · ML1 3GZ
To rentReduced £30 (−3.5%) on 17 OctListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within walking distance from Motherwell Town Centre within the highly desirable Heritage Gate development is this generously proportioned modern 2nd floor flat which offers an abundance of space throughout.
Recently refurbished to benefit from a new kitchen, modern shower rooms, flooring and fresh decor this tremendous property should be viewed early to avoid disappointment.
Accommodation: The accommodation comprises of an entrance hallway with storage facilities, a large lounge with adequate dining space, a modernkitchen with white goods, a shower room, two bedrooms and a master en-suite.
Further benefits are gas c.h. with modern combi boiler, double glazing, secure entry system and private parking.
Amenities: The town of Motherwell provides a wide choice of shopping facilities and several highly regarded schools.
The area has a wide choice of sports facilities including golf, tennis, bowling, swimming and country parks with the nearby Strathclyde Country Park and Chatelherault Parks.
For those commuting by bus or train there are excellent and regular links to the surrounding towns and cities including Glasgow and Edinburgh.
The road network provides access both north and southbound on the M74 motorways and links with the M8 to Glasgow, Edinburgh and through the commuter belt of Scotland.
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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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
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