House For Sale £65,000
Two bedroom house refurbishment project
This fantastic refurbishment project is located in the North Lanarkshire village of Holytown, approximately one mile from Holytown centre. The property is a two bed end terraced house requiring a full programme of works to create a family home suitable for rental or first time buyers. In detail, the property is over two floors comprising, on the entry level, spacious and bright lounge/dining room, good sized kitchen with hall storage. The upper floor offers two double bedrooms and family bathroom. Immediate equity is available through a 13% discount against Home Report valuation, of £75,000, with significant added value to be gained through completion of refurbishment works. In the rental market, LHA rental figures offer £5385 per annum, but local comparables suggest that a higher rental figure could be achieved through currently strong rental demand. Suitable for both rental investors and owner/occupiers this property is sure to attract strong levels of demand and, as such, early viewing is essential to avoid missing out on this exciting opportunity. Council Tax Band: A. What 3 words location (front door) ///motoring.spelling.obliging
Comparables
55 Dornoch Road, Sold For: £96,000, 03/23
18 Apollo Path, Sold For: £95,000, 12/22
20 Birch Street, Sold For: £113,000, 10/22
Area
The village of Holytown, North Lanarkshire, is conveniently located three miles to the east and north of Bellshill and Motherwell respectively. Local facilities are available within the village, and a wider range of leisure and retail options are nearby within both Bellshill and Motherwell. Both primary and secondary schools are within easy reach, and commuters will enjoy easy access to both M74 and M8 motorways, with the nearest train station just one mile away in New Stevenston.
PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission.
Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
This fantastic refurbishment project is located in the North Lanarkshire village of Holytown, approximately one mile from Holytown centre. The property is a two bed end terraced house requiring a full programme of works to create a family home suitable for rental or first time buyers. In detail, the property is over two floors comprising, on the entry level, spacious and bright lounge/dining room, good sized kitchen with hall storage. The upper floor offers two double bedrooms and family bathroom. Immediate equity is available through a 13% discount against Home Report valuation, of £75,000, with significant added value to be gained through completion of refurbishment works. In the rental market, LHA rental figures offer £5385 per annum, but local comparables suggest that a higher rental figure could be achieved through currently strong rental demand. Suitable for both rental investors and owner/occupiers this property is sure to attract strong levels of demand and, as such, early viewing is essential to avoid missing out on this exciting opportunity. Council Tax Band: A. What 3 words location (front door) ///motoring.spelling.obliging
Comparables
55 Dornoch Road, Sold For: £96,000, 03/23
18 Apollo Path, Sold For: £95,000, 12/22
20 Birch Street, Sold For: £113,000, 10/22
Area
The village of Holytown, North Lanarkshire, is conveniently located three miles to the east and north of Bellshill and Motherwell respectively. Local facilities are available within the village, and a wider range of leisure and retail options are nearby within both Bellshill and Motherwell. Both primary and secondary schools are within easy reach, and commuters will enjoy easy access to both M74 and M8 motorways, with the nearest train station just one mile away in New Stevenston.
PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission.
Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
