1-bedroom flat · ML1 3GJ
Listing removedListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hello, are you looking for a beautifully presented 1 bedroom mid floor apartment, within a popular development in Motherwell?
Would you like a gorgeous bright lounge with fresh, modern decor, complimenting carpeted flooring and ample space for all of your free standing furniture ?
What about a great size kitchen/diner with white units, complimenting worktops with matching up stands, stainless steel splash above the hob, freestanding appliances and space for a family dining table?
How about a lovely primary bedroom, tastefully decorated and the added benefit of fitted wardrobes?
Would you like a modern, partially tiled family bathroom with 3 piece suite incorporating low level WC, pedestal sink and shower over bath?
How about secure entry, private parking and great storage throughout? Would you like well maintained communal areas both inside and out, with lovely gardens surrounded in woodland?
If so, Igloo have what you're looking for! For more information or to arrange a viewing on this beautiful executive apartment, call us today!
Full Home Report And Mortgage Valuation The home report information pack includes : 1.
Single Survey and Mortgage Valuation -This gives information about the properties current condition, and any problems it has and how urgently they need attention.
A generic mortgage valuation report is included which potential buyers can take to their lenders to assist in the arrangement of their mortgage. 2.
Energy Performance Certificate : This report will show how "green" the property is and will rate the home a-g for energy efficiency (similar to how fridges and freezers are rated).
The report will recommend how to improve the property's energy efficiency. 3.
Property Questionnaire : This is completed by the seller, and it shows who the gas and electricity supplier are, the parking arrangements, council tax band, and other useful general information.
A copy of this full report can be made available to any genuinely interested buyers of this property on request. Where floor plans are used, these are intended for guidance purposes only.
Measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission or mis-statement.
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 advisors 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 71, Mellor Place, Motherwell
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