Average asking price
£163k
UK avg £340k
Postcode district in Motherwell, part of the ML postcode area
General / family area · 18.2km from The University of Strathclyde
ML1 has a gross rental yield of 6.3%, 36% above the UK average, ranking #2 of 7 ML postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | £200k | — | — | 1 / 0 |
| 1 | £61k | £672 | — | 4 / 2 |
| 2 | £102k | £850 | 10.0% | 18 / 6 |
| 3 | £197k | — | — | 14 / 0 |
| 4 | £298k | £1,700 | — | 6 / 1 |
| 5+ | £438k | — | — | 4 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| ML2 | £132k | £775 | 7.0% | Compare |
| ML3 | £172k | £825 | 5.7% | Compare |
| ML11 | £235k | £1,095 | 5.6% | Compare |
| ML6 | £205k | £825 | 4.8% | Compare |
| ML5 | £286k | £795 | 3.3% | Compare |
| ML10 | £425k | £1,125 | 3.2% | Compare |
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