Average asking price
£200k
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 4.5%, 0% above the UK average, ranking #7 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 |
|---|---|---|---|---|
| 1 | £70k | £675 | — | 5 / 3 |
| 2 | £120k | £850 | — | 16 / 3 |
| 3 | £198k | £875 | — | 16 / 4 |
| 4 | £295k | — | — | 10 / 0 |
| 5+ | £475k | £3,000 | — | 5 / 1 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| ML12 | £300k | £1,995 | 8.0% | Compare |
| ML2 | £135k | £895 | 8.0% | Compare |
| ML3 | £170k | £895 | 6.3% | Compare |
| ML6 | £190k | £812 | 5.1% | Compare |
| ML5 | £195k | £785 | 4.8% | Compare |
| ML11 | £240k | £925 | 4.6% | Compare |