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Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell - Image 1
Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell - Image 2
Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell - Image 3
Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell - Image 4
Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell - Image 5
Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell - Image 6
Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell - Image 7
Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell - Image 8
Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell - Image 9

Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell

Scotland

£200,000
Listed on 16/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Situated next to Motherwell train station, this substantial 4,600 sq ft property presents a promising investment opportunity in a bustling area. Its strategic location ensures excellent visibility and accessibility, catering to both daily commuters and local residents with easy access to the town centre. Previously licensed for hot food and beverages, the building holds immediate potential for transformation into a vibrant bar or restaurant. This could capitalize on the high foot traffic, providing an advantageous setting for a successful dining experience—subject to relevant planning approvals. The consistent flow of potential customers positions this venue for significant profitability. Additionally, there exists a compelling possibility to repurpose the space into multiple residential units, aligning with the growing demand for conveniently located living options. This approach could attract developers interested in tapping into the market's need for rental properties or homes that offer quick access to transportation links. The property also features adjacent public parking, enhancing its appeal to future patrons or tenants. With an interior that has been stripped back and is ready for customization, this site offers investors a streamlined development process. Overall, this represents a unique chance to secure a valuable piece of real estate in Motherwell with multifaceted potential for growth and return on investment.

Investment Analysis

(ML1 area)
Area Average
£179/sq ft
Avg Rent (weekly)
£172
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
114%
Properties sold annually

Local Market Trend (ML1)

Area prices are rising by +10.0% over the last 12 months
3 year growth: 19.6%
5 year growth: 19.9%
Investment Disclaimer: Analysis based on ML1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Motherwell Orange & Purple Social Club 8 Milton Street, Motherwell
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE