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High Street, Motherwell

Scotland

£135,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1173 sqft

Description

Nestled along the vibrant High Street in Motherwell, this semi-detached bungalow offers an appealing opportunity for renovation and investment. Boasting three generously sized bedrooms, the residence features a reception room that serves as a cozy gathering space, making it suitable for both families and individuals seeking comfort. The property is characterized by its age, presenting a blank canvas that invites updates and modern enhancements. Its established layout provides a practical foundation for those looking to infuse their personal style into the home while also improving its overall value. A notable highlight of this property is the granted planning permission for constructing a three-bedroom detached house on the site. This aspect not only increases the property’s investment potential but also allows for the possibility of creating a larger family dwelling or capitalizing on the demand for housing in this growing area. Conveniently located, residents have easy access to local amenities, schools, and transport links, ensuring daily life is both manageable and enjoyable. Whether you’re embarking on your first home purchase or are an experienced investor eager to capitalize on development opportunities, this bungalow presents a distinctive prospect worth considering. Embrace the chance to revitalize this property while exploring its significant potential for growth.

Investment Analysis

(ML1 area)

Below Market Value

This property is priced -35.6% below area average per sq ft

-35.6%
Potential saving
This Property
£115/sq ft
Area Average
£179/sq ft
Avg Rent (weekly)
£172
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£230,641
10% above area average per sq ft
Potential ROI
+31.8%
After renovation
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

High 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
£495
Based on a loan of £101,250 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