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Guide Price

£180,000

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144 Motherwell Road, Bellshill, ML4 2LB

Residential

house

detached house

Vacant

4

bed

1

bath

1

reception

Tax band: E

Freehold

Rare Residential Renovation Opportuity

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Description

  • PRIME NEW LISTING. We are excited to present this 4-bedroom detached property located within a prime location in Bellshill, Glasgow.

  • **5 Robertson Drive, Bellshill ML4 2EQ sold for £235,000, 10 Robertson Drive, Bellshill ML4 2EQ sold for £247,000, 73 Motherwell Road, Bellshill ML4 2JA sold for £250,000.**

  • This property is a fantastic opportunity for ambitious investors. It requires renovation to reach a lettable or liveable condition, offering a superb chance to utilise the BRRR strategy and unlock its potential value.

  • Once renovated, this property has the potential to generate between £1,250 and £1,300 per month. This translates to an annual income of £15,000 to £15,600, providing a strong 8% to 9% gross yield if purchased at the guide price. This is subject to renovation, tenancy, and acquiring the necessary information.

  • Situated in a prime location, this property offers an incredible opportunity for an owner-occupier to create their dream home in a sought-after area with excellent local amenities and transport links.

PRIME NEW LISTING. We are excited to present this 4-bedroom detached property located within a prime location in Bellshill, Glasgow.

The property comprises a large lounge, a welcoming hallway, and a convenient w.c on the ground floor, along with a spacious, well-equipped kitchen and dining area. The upper floor features four generous bedrooms and a beautifully appointed master bathroom. Expansive gardens surround the property, providing ample outdoor space with a mix of concrete slabs and charming red stone. Access is available via a dual vehicular gate and a pedestrian gate.

This property is a fantastic opportunity for ambitious investors. It requires renovation to reach a lettable or liveable condition, offering a superb chance to utilise the BRRR strategy and unlock its potential value.

Once renovated, this property has the potential to generate between £1,250 and £1,300 per month. This translates to an annual income of £15,000 to £15,600, providing a strong 8% to 9% gross yield if purchased at the guide price. This is subject to renovation, tenancy, and acquiring the necessary information.

Situated in a prime location, this property offers an incredible opportunity for an owner-occupier to create their dream home in a sought-after area with excellent local amenities and transport links.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**5 Robertson Drive, Bellshill ML4 2EQ sold for £235,000, 10 Robertson Drive, Bellshill ML4 2EQ sold for £247,000, 73 Motherwell Road, Bellshill ML4 2JA sold for £250,000.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.

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

Bellshill, situated near Glasgow, offers a perfect blend of suburban tranquillity and city convenience. With excellent transport links, diverse local amenities, and a welcoming community, it's a sought-after location for families and commuters alike.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£24,480

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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.