3-bedroom flat · ML1 3YG
Listing removedListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located close to Motherwell town centre, this 3-bedroom, 1-bathroom flat on Jimmy Sneddon Way, Forgewood, offers a comfortable and practical living space.
This is a great opportunity for someone to put their own stamp and finishing touches on a property requiring some cosmetic upgrading but which would also make an ideal first time buy, or buy to let .
The property features a bright and neutrally decorated lounge, providing an inviting area for relaxation, three double bedrooms, with the third bedroom offering access to a private balcony, perfect for enjoying some fresh air, a good sized kitchen, and bathroom Situated on the 2nd floor, the flat benefits from natural light and a pleasant outlook.
Its location is highly convenient, being close to Motherwell town centre and the train station, providing excellent transport links.
For those who commute by car, the property is a short drive from the East Kilbride Expressway, as well as the M74 and M8 motorways, offering easy access to surrounding areas.
The property falls under Council Tax Band B and has an EPC rating of D, indicating its energy efficiency.
The surrounding area offers a range of amenities, including shops, schools, and recreational facilities, making it a practical choice for families or professionals.
Motherwell itself is well-served by public transport, with regular train services to Glasgow and beyond.
This flat presents an excellent opportunity for those looking to reside in a well-connected area, with all the necessary amenities close at hand.
Its practical layout and convenient location make it a desirable option for potential buyers. For investors, the property offers an attractive rental yield.
Property additional info Lounge: 4.65m x 3.70m (15' 3" x 12' 2") Bedroom 1: 3.00m x 2.70m (9' 10" x 8' 10") Bedroom 2: 3.70m x 2.70m (12' 2" x 8' 10") Bedroom 3: 3.50m x 2.40m (11' 6" x 7' 10") Bathroom: 2.70m x 1.70m (8' 10" x 5' 7") Flooded in the last 5 years: No.
Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Parking Availability: Yes.
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.
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 46 Jimmy Sneddon Way, Motherwell
Explore nearby
.png){kind=logo}
