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Spalehall Drive, Motherwell

Scotland

£38,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
Flat

Description

Situated in a well-established residential neighbourhood on Spalehall Drive, this three-bedroom upper cottage flat offers a compelling chance for buyers intent on undertaking a comprehensive renovation. The property requires thorough modernization across all areas, providing an ideal canvas for those looking to enhance its value for either resale or rental markets. The layout includes a spacious lounge, kitchen, three generously-sized bedrooms, and a bathroom—all of which are in need of refurbishment. Additional features comprise private entrance access, a garden space, and available on-street parking. With a strategic vision, this flat has the potential to become an attractive residence within a sought-after locality. Spalehall Drive boasts convenient access to local amenities, schools, and transport links, making it an appealing choice for both future residents and tenants once revitalized. This property represents an excellent opportunity for developers or investors eager to embark on a full-scale renovation project aimed at maximizing return on investment.

Investment Analysis

(ML1 area)
Area Average
£185/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
91
Average per month
Market Turnover
337%
Properties sold annually

Local Market Trend (ML1)

Area prices are rising by +10.8% over the last 12 months
3 year growth: +23.9%
5 year growth: +19.7%
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

Spalehall Drive, Motherwell
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£137
Based on a loan of £28,500 over 30 years at 4.06% 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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