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Property Details

North Lanarkshire, ML1
8 Bedroom Flat For Sale

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Property Address Motherwell
North Lanarkshire
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Agent Details
Slater Hogg & Howison
43 Cadzow Street
01698 507 260 01698 225 182
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Nearby Points Of Interest

Distances are calculated in a straight line and may not reflect actual travel distance.

  • Glencairn Primary School0.2 miles
  • Calder Primary School0.4 miles
  • Hamilton College2.3 miles
  • Fernhill School8.4 miles
  • Dalziel High School0.5 miles
  • Our Lady's High School - Motherwell0.8 miles
  • Motherwell Station0.4 miles
  • Airbles Station0.5 miles
  • Bridge Street Underground Station11.5 miles
  • St Enoch Underground Station11.5 miles
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Offers Over £600,000, 8 Bedroom Flat For Sale in North Lanarkshire, ML1
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8 Bedroom Flat, Motherwell, Brandon Street, North Lanarkshire, ML1 1RS

Property Description

Rental Income Circa 47,600 Per Annum

An opportunity to acquire a high yielding mixed use portfolio in the centre of Motherwell. The proposition comprises eight one bedroom flats (indicative floor plan available) and five commercial premises on the ground floor.

The present owners have maintained the building during their tenure including a new roof and replacing the double glazing in each of the flats.

Each flat comprises hallway, lounge, dining kitchen, bathroom or shower room and walk in storage cupboard.

It is worth noting that the flats may be converted from one bedroom, to two bedroom units; this will allow a higher future yield (subject to obtaining the necessary licenses and consents).

There is a residents' car park to the rear access via a private lane beneath the flats.

Current tenancy agreements and per calender month rental figures are available upon request.

Please note that one of the commercial units is exempt from the portfolio.

Amenities in the area include bus and train links, sports facilities, shopping, schooling and recreation. The M74 and M8 provide travel links throughout west and central Scotland including Glasgow and Edinburgh.

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  • 8 Bedroom Flat For Sale

    North Lanarkshire, ML1

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