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2 Bed Terraced House, Single Let, Motherwell, ML1 3LJ £75,000

Cumbrae Drive, Motherwell, Lanarkshire, ML1 3LJ - 16 views - 2 years ago
  1. Deal Search
  2. Motherwell
  3. ML1
  4. ML1 3LJ
Auction
BTL
ROI: 10%
~68 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Motherwell
  • More Deals in ML1
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Property History

Listed for £75,000

May 27, 2024

Floor Plans

Description

  • Ideal rental or starter home +
  • Significant added value through upgrade +
  • Strong rental demand +
  • Popular and convenient residential area +

Two/three bedroom terraced house
Two/three bedroom mid-terraced property, conveniently located in a residential area around 1.5 miles to the north of Motherwell town centre. Over two levels, the accommodation comprises lounge, dining room (currently used as a bedroom) and kitchen, with the upper level offering two bedrooms and bathroom. One of the bedrooms has been partitioned to form smaller bedroom with large storage area, but this could readily be returned to original format. Further benefits include gas central heating, double glazing and gardens to front and rear. A good level of added value is achievable through a programme of upgrade and, on completion of works, this would be an ideal rental property or starter home. LHA rental would produce £6582/pa, with rental comparables in the area suggesting rental income could potentially be higher still. This one is sure to attract strong levels of interest, with early viewing essential to avoid missing out. Council Tax Band: B.

Comparables
68 Cumbrae Drive, Sold For £123,000 , 01/24
65 Cumbrae Drive, Sold For £121,000, 12/23
102 Cumbrae Drive, Sold For £85,000, 08/23

Cumbrae Drive is within an established residential area around 1.5 miles from Motherwell town centre. A range of local amenities are nearby, with a wide range of retail and leisure options available in Motherwell town centre. Education at all levels is available, and excellent transport links include Motherwell train station, recently upgraded bus station, and easy connection to the M74/M73 and M8 networks.

PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

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Agent Details

Auction House Scotland, Paisley

0141 673 7275

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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