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Jerviston Court, Motherwell, Lanarkshire 2 bed maisonette for sale
Jerviston Court, Motherwell, Lanarkshire
£25,000
Jerviston Court, Motherwell, Lanarkshire
£25,000
Our Summary
- Two bedroom maisonetteNew to auction is this spacious two bedroom maisonette flat, conveniently located approximately 1
- Some degree of refurbishment is required which is reflected in the competitive guide price offering an attractive 17% discount against the £30,000 Home Report valuation, and also presents a great opportunity to add value
Description
This two-bedroom maisonette flat is being sold at auction and is located approximately 1.5 miles north of Motherwell town center. The property is in need of some refurbishment, which is reflected in its competitive guide price, offering a 17% discount against its £30,000 Home Report valuation. The flat has a lounge and kitchen on the entry level, with two bedrooms and a family bathroom on the upper floor. It features double glazing, electric heating, and off-street parking. The property is expected to attract strong demand, particularly from rental investors who could potentially earn £6,582 per year in rental income. However, the No-Fines concrete construction may limit lending options for purchase and/or refinance. The property is conveniently located near Motherwell town center, with a range of retail and leisure options, as well as schools and train stations, making it a great town to commute from to Glasgow, Edinburgh, and other major destinations.