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Guide Price
£69,000 Guide Price

11 Catriona Way, Motherwell, ML1 4NU

204851737

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4

days

7

hours

32

minutes

7

seconds

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4

days

7

hours

32

minutes

7

seconds

Type

Flat

Ownership

Freehold

Occupation

Occupied

Bedrooms

3

Council Tax

Band: B
Home Report
Download
Final-Report-10.pdf
Tenancy Agreement
Download
Redacted-Tenancy-Agreement-Copy-1.pdf

Available documents

Home Report
Tenancy Agreement
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Residential Development Opportunity

Details

Property Summary

  • Prime Property Auctions is excited to present this tenanted residential development Opportunity, 3 bedroom spacious end-of- terrace house, located within a prime location in Motherwell ***HOME REPORT OF £80,000***

 
  • ***42, George Street, Motherwell, Lanarkshire ML1 4NQ sold for £144,000, 211, O'wood Avenue, Holytown, Motherwell, Lan ML1 4TR sold for £157,000*** 

 
  • Currently achieving £450 pm, property could command a rental £850- £950 PCM / £10,200 - £11,400 which would provide an exceptional gross yield of 13.6% - 15.2% based on guide price of £75,000. ***HIGH YIELDING INVESTMENT*** 

 
  • Property requires cosmetic renovation. Sure to appeal to shrewd investors/developers looking for a rare project with remarkable capital growth potential.

 
  • Easily lettable property in a sought after location, near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport.

 

Prime Property Auctions is excited to present this tenanted residential development Opportunity, 3 bedroom spacious end-of- terrace house, located within a prime location in Motherwell ***HOME REPORT OF £80,000***

 

Property Comprises: 

 

Hallway Entrance, 3 Bedroom, Bathroom, Kitchen, Living Room and ample storage space. Needs light Renovation. Property benefits from gas central heating, double glazing throughout and ample storage space. 

 

Sales Evidence: 

 

***42, George Street, Motherwell, Lanarkshire ML1 4NQ sold for £144,000, 211, O'wood Avenue, Holytown, Motherwell, Lan ML1 4TR sold for £157,000*** 

 

***HIGH YIELDING INVESTMENT***

Currently achieving £450 pm, property could command a rental £850- £950 PCM / £10,200 - £11,400 which would provide an exceptional gross yield of 13.6% - 15.2% based on guide price of £75,000. 

 

Property requires cosmetic renovation. Sure to appeal to shrewd investors/developers looking for a rare project with remarkable capital growth potential.


Easily lettable property in a sought after location, near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport.

 

The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

 

This lot is open to immediate offers. Swing that there is strong demand.

 

This property is offered at a fantastic price to ensure an Auction sale.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location: 

 

Motherwell, a town in North Lanarkshire, Scotland, presents strong investment opportunities due to its strategic location, diverse economy, and ongoing development projects. Positioned near Glasgow, Motherwell benefits from excellent transport links, including major roadways and rail connections, making it an accessible hub for business and commuting. The local economy is supported by a mix of manufacturing, retail, and services, with significant investments in infrastructure and redevelopment projects, such as the regeneration of Ravenscraig, one of Europe's largest brownfield sites. This project aims to transform the area with new housing, commercial spaces, and amenities, driving economic growth and enhancing the town's appeal. Motherwell's proximity to Glasgow, combined with its improving infrastructure, vibrant community, and commitment to sustainable development, makes it an attractive destination for investors seeking opportunities in a dynamic and well-connected town.
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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

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Floorplans

Property Features

  • Prime Property Auctions is excited to present this tenanted residential development Opportunity, 3 bedroom spacious end-of- terrace house, located within a prime location in Motherwell ***HOME REPORT OF £80,000***
  • ***42, George Street, Motherwell, Lanarkshire ML1 4NQ sold for £144,000, 211, O'wood Avenue, Holytown, Motherwell, Lan ML1 4TR sold for £157,000***
  • Currently achieving £450 pm, property could command a rental £850- £950 PCM / £10,200 - £11,400 which would provide an exceptional gross yield of 13.6% - 15.2% based on guide price of £75,000. ***HIGH YIELDING INVESTMENT***
  • Property requires cosmetic renovation. Sure to appeal to shrewd investors/developers looking for a rare project with remarkable capital growth potential.
  • Easily lettable property in a sought after location, near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport.

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