2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Mincher Crescent, Motherwell, Lanarkshire, ML1
£110,000

Price History

Initial price £125,000
15/05/24 £113,000
23/05/24 £111,000
30/05/24 £109,000
06/06/24 £120,000
14/06/24 £118,000
21/06/24 £116,000
28/06/24 £114,000
07/07/24 £120,000
22/07/24 £118,000
01/08/24 £114,000
08/08/24 £112,000
15/08/24 £110,000
24/08/24 £108,000
01/09/24 £120,000
08/09/24 £118,000
12/09/24 £116,000
26/09/24 £112,000
02/10/24 £110,000
09/10/24 £108,000
15/10/24 £120,000
23/10/24 £118,000
29/10/24 £116,000
05/11/24 £114,000
12/11/24 £112,000
19/11/24 £110,000
Price Change -12.00%

Description

This 2-bedroom mid-terrace property in Motherwell is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features two bedrooms, a lounge, kitchen, and garden ground, with easy access to local amenities. Currently, the property generates an annual gross income of £6,900, but with a new owner, this could be increased to a market rate of £9,420 with long-term tenants already in place. The tenants have lived in the property for several years and have consistently paid their rent, with no intention to move out. With a worthwhile addition to an investor's portfolio, this property offers a rewarding rental return and a smooth transaction process.