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Four-bedroom detached property

Bellshill, ML4 - Get Access

4 bed 1 bath

Description

We are excited to present this four-bedroom detached property located within a prime location in Bellshill, Glasgow. The property comprises a large lounge, a welcoming hallway, and a convenient w.c on the ground floor, along with a spacious, well-equipped kitchen and dining area. The upper floor features four generous bedrooms and a beautifully appointed master bathroom. Expansive gardens surround the property, providing ample outdoor space with a mix of concrete slabs and charming red stone. Access is available via a dual vehicular gate and a pedestrian gate. This property is a fantastic opportunity for ambitious investors. It requires renovation to reach a lettable or liveable condition, offering a superb chance to utilise the BRRR strategy and unlock its potential value. Once renovated, this property has the potential to generate between £1,250 and £1,300 per month. This translates to an annual income of £15,000 to £15,600, providing a strong 8% to 9% gross yield if purchased at the guide price. This is subject to renovation, tenancy, and acquiring the necessary information. Situated in a prime location, this property offers an incredible opportunity for an owner-occupier to create their dream home in a sought-after area with excellent local amenities and transport links. Bellshill, situated near Glasgow, offers a perfect blend of suburban tranquillity and city convenience. With excellent transport links, diverse local amenities, and a welcoming community, it is a sought-after location for families and commuters alike.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Low confidence Floor Area Estimated: 1,400 sq ft

This four-bedroom detached house in Bellshill was evaluated by assessing typical local values for equivalent detached properties and applying a substantial deduction for the extensive structural and interior refurbishment required. The property presents in poor condition with notable exterior damage and dereliction, requiring comprehensive capital expenditure. Floor area is estimated at 1,400 sq ft based on typical property proportions.

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