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Carfin Street, New Stevenston, Motherwell

Scotland

£150,000
Listed on 02/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1055 sqft

Description

This four-bedroom residence stands as a canvas for renovation and investment, offering ample space and flexibility for the next owner to customize according to their vision. The property features two significant living areas, one of which could easily serve as an additional bedroom or versatile entertainment space. A bright kitchen at the rear not only allows for seamless access to the outdoor area but also presents an opportunity for modernization and enhancements. Upstairs, the layout continues to impress with well-proportioned rooms filled with natural light, complemented by a family bathroom that adds convenience to daily living. The potential here is evident; whether you envision a complete refurbishment or selective updates, this home is equipped with the essential bones for transformation. The rear garden is notably spacious and enjoys sunlight throughout most of the day, making it ideal for landscaping projects or outdoor gatherings. A detached garage further enhances the property’s functionality by providing secure parking and additional storage options. Located in a tranquil neighborhood of New Stevenson, this home boasts proximity to local schools, shopping facilities, and recreational spaces. Furthermore, its convenient access to major transport routes like the M8 and M74 makes it suitable for commuters heading into Glasgow or Edinburgh. Just a short drive away lies Motherwell town center with its array of amenities and train station connections. This property not only offers immediate comfort but also significant potential for growth in value through refurbishment or extension, making it an excellent choice for those looking to invest in a promising location.

Investment Analysis

(ML1 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£142/sq ft
Area Average
£178/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£206,801
10% above area average per sq ft
Potential ROI
+3.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
85%
Properties sold annually

Local Market Trend (ML1)

Area prices are rising by +10.5% over the last 12 months
3 year growth: 21.6%
5 year growth: 20.6%
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.

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Location

Carfin Street, New Stevenston, Motherwell
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