Merry Street, Motherwell, ML1
KE

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 The kitchen, while functional, is outdated.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 %
from 128,604.00 £
Est sale value
83,340.18 £
Increased by 45.54 %
from 57,260.94 £
Average area rental value
1,000.00 £/mo
Increased by 6.50 %
from 939.00 £/mo
Est letting value
566.94 £/mo
from 0.00 £/mo
Est rental Yield
10.47 %
Increased by 19.52 %
from 8.76 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Keller Williams marked this listing as sold.

  • Keller Williams created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Highfield Crescent £ 75,66700.00 KM
Grathellen Court £ 75,99800.00 KM
Jerviswood £ 169,99500.00 KM
Jerviston Court £ 27,75000.00 KM
Wilson Street £ 138,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Holytown9738HLY1.75 KM
Motherwell9691MTH2.06 KM
Carfin9877CRF2.50 KM
Airbles9695AIR2.53 KM
Shieldmuir9552SDM3.09 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merry Street, Motherwell, ML1 £ 55,000BUY5 / 100.00 KM
Merry Street, Motherwell £ 250,000BUYUnknown0.08 KM
Merry Street, Motherwell £ 189,995BUYUnknown0.33 KM
Wilson Street, Motherwell, ML1 £ 190,000BUY6 / 100.43 KM
35 Jerviston Court, Motherwell, ML1 4BS £ 39,000BUY5 / 100.47 KM