69 Chapel Street, Cleland, Motherwell, ML1 5QZ

Description

• PRIME NEW ENTRY. We are excited to present this excellent refurbishment opportunity. 2 bed flat, located within a prime location in Cleland.

• **50, Spalehall Drive, Newarthill, Motherwell, ML1 5JD Previously sold for £92,255. 14, Faraday Court, ML2 7DS Previously sold for £90,000**

• Property requires refurbishment. Sure to appeal to shrewd investors & looking for an excellent BRRR Opportunity.

• For rental purposes, once renovated, the property could potentially achieve a monthly rent of £750-£800 p/m (£9,000-£9,600 p/a). High yield potential.

• Property is located 11 minutes from Motherwell Train Station for travel into Glasgow & is in close proximity to M74 for motorway travel. 

PRIME NEW ENTRY. 2 Bedroom flat  located within a prime location in Cleland 

Property comprises:Entrance hallway, living room, kitchen, 2 spacious double bedrooms, bathroom, attic space, large garden to the rear. Property benefits from ample storage throughout.

Potential rent of £9,000-£9,600 p/a. Property could potentially be utlised as Air BnB / Serviced accommodation, subject to gaining necessary license.

**BRRR / DEVELOPMENT OPPORTUNITY**

Fantastic home, ideal for developers looking for a property they can put their own stamp on.

Property requires a degree of renovation.

Prime Opportunity for Property investors & homeowners looking for a property in an excellent location. Property would benefit from some renovation. Fantastic Capital growth potential. Sure to appeal to those looking for renovation opportunity. 

Local sales evidence:

**50, Spalehall Drive, Newarthill, Motherwell, ML1 5JD Previously sold for £92,255. 14, Faraday Court, ML2 7DS Previously sold for £90,000**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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

Cleland is a popular village in North Lanarkshire, located between Motherwell and Wishaw, offering a blend of affordable housing, strong transport links and a genuine community atmosphere. Originally a mining village, it has evolved into an attractive commuter location, with a railway station providing direct services to both Glasgow and Edinburgh, while the nearby M8 and M74 motorways make travel across Scotland straightforward. Residents are drawn to Cleland's quieter pace of life, local schools, green spaces and family-friendly environment, while investors are attracted by relatively affordable property prices, steady demand from commuters and the wider economic growth and infrastructure investment taking place across North Lanarkshire. Its combination of value for money, connectivity and community appeal makes Cleland an increasingly sought-after place to live and invest.

Map

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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.