1 bed Flat For Sale £23,000
Ground floor cottage flat
New to auction is this one bed ground floor cottage flat in the popular Forgewood area, approximately two miles north west of Motherwell town centre. In need of a programme of refurbishment works, the accommodation comprises spacious lounge, one bedroom, kitchen and shower room. Further benefits include garden area and driveway. The Guide Price offers an outstanding 34% discount against Home Report valuation, with additional value available through upgrade works. Rental investors will be attracted to potential post works rental income of £5266 per annum (LHA figures), and this could also be an ideal starter flat. Early viewing is essential to appreciate the outstanding value on offer. Council Tax Band: A.
Comparables
107 Bellshill Road, Sold For £53,000, 01/24
10 Ghillies Lane, Sold For £50,289, 10/23
6 Ghillies Lane, Sold For £60,000, 02/23
Forgewood is an established residential area located to the northwest of Motherwell town centre. The area offers a number of local amenities with a greater range available in the nearby Motherwell town centre. Transport links include the nearby West Coast Main Line, with Motherwell railway station situated approximately one mile southeast of Forgewood. The A721 road passes by the area, providing bus services to Glasgow and connections to Bellshill and Wishaw.
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.
New to auction is this one bed ground floor cottage flat in the popular Forgewood area, approximately two miles north west of Motherwell town centre. In need of a programme of refurbishment works, the accommodation comprises spacious lounge, one bedroom, kitchen and shower room. Further benefits include garden area and driveway. The Guide Price offers an outstanding 34% discount against Home Report valuation, with additional value available through upgrade works. Rental investors will be attracted to potential post works rental income of £5266 per annum (LHA figures), and this could also be an ideal starter flat. Early viewing is essential to appreciate the outstanding value on offer. Council Tax Band: A.
Comparables
107 Bellshill Road, Sold For £53,000, 01/24
10 Ghillies Lane, Sold For £50,289, 10/23
6 Ghillies Lane, Sold For £60,000, 02/23
Forgewood is an established residential area located to the northwest of Motherwell town centre. The area offers a number of local amenities with a greater range available in the nearby Motherwell town centre. Transport links include the nearby West Coast Main Line, with Motherwell railway station situated approximately one mile southeast of Forgewood. The A721 road passes by the area, providing bus services to Glasgow and connections to Bellshill and Wishaw.
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.
