Merry Street, Motherwell, ML1
By Keller Williams
£ 55,000
Reviews
2 out of 5 stars
Keller Williams says ..
Stuart Ferguson and Keller Williams ***Ext 088*** are delighted to bring to market this two bedroom, end terrace property in Motherwell
Property Oracle says ..
This two-bedroom, end-terrace property located on Merry Street, Motherwell, presents a mixed bag. Situated in Motherwell, a town with established amenities and relatively convenient transport links to other areas via nearby train stations, the location is convenient and offers a reasonable quality of life. However, the absence of detailed local school information nearby is a notable factor. The property is priced at £55,000; while other properties on nearby streets have higher average prices, it should be noted that these tend to have more bedrooms, more land, and/or are of a different property style.
Regarding its condition, the property requires considerable modernisation. Images reveal some damage to walls and a generally dated aesthetic. The kitchen, while functional, is outdated. The property could benefit from extensive renovation to increase its market value and improve its liveability. The fact that the property comes with some outdoor space is a positive. The garden, though relatively small, offers some extra space, a notable advantage for such a compact property in a built-up area.
Overall, this property represents a potentially sound investment for those willing to undertake a renovation project. The relatively low asking price offers some flexibility, but prospective buyers should factor in the costs of upgrading and modernising the property. The convenience of the location and the presence of a small garden are significant positives, but the condition needs considerable attention before the property reaches its full potential. The absence of nearby schools makes this house a more suitable choice for those without children.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 566.94
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 114,667.00 £Decreased by 10.84 %
- Est sale value
- 83,340.18 £Increased by 45.54 %
- Average area rental value
- 1,000.00 £/moIncreased by 6.50 %
- Est letting value
- 566.94 £/mo
- Est rental Yield
- 10.47 %Increased by 19.52 %
- Crime Rate
- 0.00 %
Agent Activity
Keller Williams marked this listing as sold.
Keller Williams created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Highfield Crescent | £ 75,667 | 0 | 0.00 KM |
| Grathellen Court | £ 75,998 | 0 | 0.00 KM |
| Jerviswood | £ 169,995 | 0 | 0.00 KM |
| Jerviston Court | £ 27,750 | 0 | 0.00 KM |
| Wilson Street | £ 138,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Holytown | 9738 | HLY | 1.75 KM |
| Motherwell | 9691 | MTH | 2.06 KM |
| Carfin | 9877 | CRF | 2.50 KM |
| Airbles | 9695 | AIR | 2.53 KM |
| Shieldmuir | 9552 | SDM | 3.09 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Merry Street, Motherwell, ML1 | £ 55,000 | BUY | 5 / 10 | 0.00 KM |
| Merry Street, Motherwell | £ 250,000 | BUY | Unknown | 0.08 KM |
| Merry Street, Motherwell | £ 189,995 | BUY | Unknown | 0.33 KM |
| Wilson Street, Motherwell, ML1 | £ 190,000 | BUY | 6 / 10 | 0.43 KM |
| 35 Jerviston Court, Motherwell, ML1 4BS | £ 39,000 | BUY | 5 / 10 | 0.47 KM |