Summary - Dalriada Crescent, Motherwell, Lanarkshire, ML1 ML1 3YA
2 bed 1 bath Apartment
Ground-floor two-bedroom flat requiring renovation and modernisation
Guide price £28,000 with estimated market value around £30,000
Projected rent circa £550 PCM — potential gross yield over 14%
EPC rating D; cosmetic and systems work likely required
Sold at auction; tenure currently unknown — allow for legal checks
No flooding risk; excellent mobile signal and fast broadband
Located near supermarkets, amenities and Motherwell rail links to Glasgow
Area classed very deprived; tenant pool likely constrained renters
A ground-floor two-bedroom flat in Dalriada Crescent, Motherwell, offered at auction with clear investor potential. The building presents a modern brick exterior and low-maintenance communal setting; the flat itself requires renovation but is large enough for steady rental demand in the area.
At an asking guide price of £28,000 the property is estimated to achieve around £550 PCM in rent, suggesting a gross yield in excess of 14% if those figures are achieved. Nearby Motherwell town centre amenities, major supermarkets and frequent rail links to Glasgow support lettings to commuters, local workers and students.
Practical considerations: the flat has an EPC rating of D and is described as needing some TLC and modernization — the hallway and fittings are dated. Tenure is unknown and the sale will be conducted at auction, so buyers should factor in purchase timescale and checks. The local area is classified as very deprived with constrained renters, which affects tenant profiles and management needs.
This is a straightforward buy-for-let/refurbishment opportunity for an investor able to manage renovation and let quickly. It suits purchasers seeking a high-yield purchase at auction who can budget for repair, redecoration and routine compliance works.
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