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2 bed terraced house
Mincher Crescent, Motherwell ML1
£116,000
Mincher Crescent, Motherwell ML1
£116,000
Price History
Initial price | £125,000 |
15/05/24 | £113,000 |
23/05/24 | £111,000 |
30/05/24 | £109,000 |
08/06/24 | £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 |
25/07/24 | £116,000 |
01/08/24 | £114,000 |
08/08/24 | £112,000 |
15/08/24 | £110,000 |
25/08/24 | £108,000 |
01/09/24 | £120,000 |
08/09/24 | £118,000 |
12/09/24 | £116,000 |
Price Change | -7.20% |
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, double-glazed windows, and a garden ground. Currently, it produces 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 current tenants have lived in the property for several years and have consistently paid their rent, with no intention to move out. With a Let Property Pack available for further detail, this property offers a worthwhile addition to an investor's portfolio, with Let Property Sales committed to facilitating a smooth transaction process.