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High Street, Motherwell ML1

Scotland

£135,000
Listed on 13/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1173 sqft

Description

Nestled on Motherwell's vibrant High Street, this semi-detached bungalow offers an exceptional chance for renovators and investors alike. Featuring three spacious bedrooms alongside a comfortable reception area, this residence is well-suited for families or individuals who desire a cozy living environment. The property, which dates back several years, requires comprehensive updating throughout, presenting an ideal canvas to infuse your personal style and modern amenities. Its efficient layout provides a strong base for renovation efforts. A significant asset is the existing planning permission for a three-bedroom detached house on the plot, creating exciting opportunities for expansion or development. This possibility enhances its appeal for those looking to capitalize on the increasing housing demand in the region. Conveniently located, residents can easily access local shops, schools, and public transport options, making daily life seamless and enjoyable. Whether you're a first-time buyer eager to craft your dream home or an investor targeting growth potential, this bungalow is a noteworthy opportunity that merits serious consideration.

Investment Analysis

(ML1 area)

Below Market Value

This property is priced -35.2% below area average per sq ft

-35.2%
Potential saving
This Property
£115/sq ft
Area Average
£178/sq ft
Avg Rent (weekly)
£182
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£229,157
10% above area average per sq ft
Potential ROI
+23.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
85
Average per month
Market Turnover
446%
Properties sold annually

Local Market Trend (ML1)

Area prices are rising by +13.6% over the last 12 months
3 year growth: +23.5%
5 year growth: +22.1%
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 ML1
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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
£487
Based on a loan of £101,250 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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