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144 Motherwell Road, Bellshill, North... 6 bed house for sale
144 Motherwell Road, Bellshill, North Lanarkshire, ML4 2LB
£160,000
144 Motherwell Road, Bellshill, North Lanarkshire, ML4 2LB
£160,000
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 property on Motherwell Road in Bellshill offers a unique development opportunity with planning approval in place for a luxury six-bedroom family residence. The current four-bedroom property has been fire-damaged, presenting a blank canvas for redevelopment. Alternatively, the local council has expressed support for demolishing the existing house and building two side-by-side four-bedroom homes, either detached or semi-detached. The property's location is highly desirable, just 10 minutes from Glasgow city centre and with excellent public transport links. The area has a high demand for housing, with similar-sized properties selling for up to £545,200. The potential rental income for two separate four-bedroom houses is £34,968 per annum, making this an attractive investment opportunity.