William Hill, 202 Main Street, Bellshill, ML4 1AB
PR

William Hill, 202 Main Street, Bellshill, ML4 1AB

By Prime Property Auctions (Scotland) Ltd

£ 180,000

Reviews

2 out of 5 stars

Prime Property Auctions (Scotland) Ltd says ..

We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Bellshill   For rental purposes, the property is currently tenanted at £1250 PCM  (£15,000 PA), which provides an excellent 8.3% yield if achieved for guide price*...

Property Oracle says ..

This listing presents a tenanted commercial property located on Main Street, Bellshill. The property appears well maintained and occupies a prominent position on a busy street. Its proximity to Bellshill train station is a considerable advantage for accessibility. The current tenant provides a rental income, offering a potential yield, but this is subject to the continuity of the tenancy. Further investigation would be crucial to verify the property’s condition, explore future development potential and fully understand the market value, given the lack of comparable data in the provided information. The absence of details concerning specific amenities like nearby schools detracts from the overall attractiveness. The price appears relatively high for the given information, compared to the average house prices in nearby streets. A more detailed analysis, including a physical inspection and a review of the lease agreement would be strongly recommended before any commitment.

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
6
Condition
7
Location
7
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
900.00

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
204,776.00 £
Decreased by 22.85 %
from 265,442.00 £
Est sale value
281,700.00 £
Increased by 70.11 %
from 165,600.00 £
Average area rental value
638.00 £/mo
Decreased by 23.32 %
from 832.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.74 %
Decreased by 0.53 %
from 3.76 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Prime Property Auctions (Scotland) Ltd created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Motherwell Road £ 75,74800.00 KM
North Road £ 176,66700.00 KM
Neilson Street £ 55,16700.00 KM
Elmbank Street £ 54,33200.00 KM
Hamilton Road £ 50,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Bellshill9714BLH0.20 KM
Whifflet9753WFF3.92 KM
Motherwell9691MTH4.43 KM
Kirkwood9766KWD4.79 KM
Coatbridge Central9747CBC4.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
William Hill, 202 Main Street, Bellshill, ML4 1AB £ 180,000BUY5 / 100.00 KM
Main Street, Bellshill, ML4 £ 69,995BUY6 / 100.13 KM
Main Street, Bellshill £ 69,999BUY5 / 100.14 KM
3 Neilson Street, Bellshill, ML4 £ 155,000BUY6 / 100.19 KM
Elmbank Street, Bellshill, ML4 £ 62,000BUY8 / 100.24 KM