1-bedroom flat · ML1 3TH
Listing removedListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for first-time buyers and buy-to-let investors, this well-presented one-bedroom first floor flat offers spacious and versatile accommodation in a convenient Motherwell location, close to local amenities, schools and excellent transport links.
The property comprises a welcoming entrance hall leading to a bright and generously proportioned living room.
The fitted kitchen provides a practical layout with a range of wall and base units, ample worktop space and room for appliances.
The spacious double bedroom benefits from fitted storage and comfortably accommodates a range of bedroom furniture. Completing the accommodation is a stylish, modern fitted bathroom.
Ideally situated within easy reach of Motherwell Town Centre, the property enjoys excellent access to local shops, supermarkets, leisure facilities and public transport.
Motherwell Train Station and the nearby M74 and M8 motorway networks make this an excellent choice for commuters travelling throughout Lanarkshire, Glasgow and Edinburgh.
Early viewing is highly recommended.
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
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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
FAQ
About 32, Forgewood Road, Motherwell
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