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144 Motherwell Road, Bellshill, North... 6 bed house for sale
144 Motherwell Road, Bellshill, North Lanarkshire, ML4 2LB
£140,000
144 Motherwell Road, Bellshill, North Lanarkshire, ML4 2LB
£140,000
Our Summary
- Incredible development opportunity with planning approved on Motherwell Road Bellshill
- 144 Motherwell Road had planning approved for conversion of the site into a luxury six bedroom family residence
- The property was recently fire damaged and so some alterations may need to be made with the planning authority to the planning application however it presents a blank canvas to put your own stamp on the redevelopment
- Preliminary discussions with the local council have indicated support in principle for an alternative scheme to demolish the existing house and develop two side-by-side four-bedroom homes, either detached or semi-detached, subject to formal planning approval - giving buyers the flexibility to pursue the option that best suits their vision
- Investment opportunityPlanning approved- open to changes10 minutes from Glasgow city centre Potential rental income of £34,000+ per annumThriving residential areaHigh demand locally for housing
- Investment opportunity
- Planning approved- open to changes
Description
This incredible development opportunity on Motherwell Road in Bellshill presents a blank canvas for a luxury family residence or two side-by-side four-bedroom homes. The current four-bedroom property has been damaged by fire, but planning approval has been granted for its conversion into a six-bedroom home. Alternatively, the local council has expressed support for demolishing the existing house and developing two separate four-bedroom homes, either detached or semi-detached. The property is located just 10 minutes from Glasgow city centre, with excellent public transport links, and has a thriving residential area with high demand for housing. The area has seen recent sales of similar properties in the £430,000 to £460,000 range, and rental properties in the area can generate a monthly return of £1,457 per bedroom, making this a lucrative investment opportunity.