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292, Main St, Main Door Flat, Bellshill, ML41AB

Scotland

£44,000

Listed on 12/06/2026

Property Details

Bedrooms
1
Type
Flat

Description

This ground floor flat presents a promising opportunity for renovation and investment in the heart of Bellshill, located approximately 13 miles southeast of Glasgow. While currently habitable, the property would benefit from some updates to enhance its market value, particularly with window replacements identified as a necessary improvement. The flat includes an entrance hallway, a cloakroom w.c., a living room, kitchen, one bedroom, and a shower room across its 55 sq.m layout. With convenient access to local amenities such as shops and cafes as well as excellent transport links via Bellshill Train Station and major roads like the M8 and M74, this property is situated in an attractive neighbourhood. The current estimated market value stands at around £50,000 in its present condition, but with strategic renovations, particularly focusing on enhancing energy efficiency through window upgrades, it could reach an approximate value of £55,000 post-renovation.

Investment Analysis

(ML4 area)
Area Average
£155/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£7,000 - £12,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
167%
Properties sold annually

Local Market Trend (ML4)

Area prices are rising by +8.5% over the last 12 months
3 year growth: +22.7%
5 year growth: +45.6%
Investment Disclaimer: Analysis based on ML4 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

292, Main St, Main Door Flat, Bellshill, ML41AB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£166
Based on a loan of £33,000 over 30 years at 4.45% 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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