We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · ML5 3PZ
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom Upper Flat Walk in Condition New Kitchen New Bathroom New Boiler Driveway Mortgage Advice Available AM Fagan Estate Agents are delighted to bring to the market this excellent two-bedroom upper flat at Riddell Street, Coatbridge.
Offering a superb level of accommodation and benefiting from a range of significant upgrades, this property is ideal for first-time buyers, couples or those looking for a home that requires no immediate work.
The accommodation comprises a welcoming entrance hallway, bright and comfortable lounge, two well-proportioned bedrooms and a stylish brand-new bathroom.
The property benefits from a brand-new fitted kitchen, complete with integrated oven, hob and fridge freezer, with a separate washing machine and tumble dryer also included.
There are also new internal doors throughout, a new boiler and new front door, giving the property a fresh and modern feel.
Externally, the property has excellent private parking with a large driveway, along with a useful wooden garage and a good-sized garden, providing a fantastic amount of outdoor space.
The location is a particular highlight, being situated immediately beside Coatdyke railway station, making this an excellent choice for commuters.
Coatbridge town centre is also close by, offering a wide range of shops, supermarkets, cafés, restaurants and everyday amenities.
Local facilities include Tesco Extra at Faraday Retail Park, Coatbridge Shopping Centre and a range of independent shops and services throughout the town.
For leisure and recreation, the area is well served by North Lanarkshire Leisure at the Time Capsule, while nearby Dunbeth Public Park provides green space close to the town centre.
The popular Drumpellier Country Park is also within easy reach, offering around 500 acres of woodland, grassland and lochs, with walking and cycling routes, a café and play areas.
Coatbridge also offers a number of popular local attractions, including Summerlee Museum of Scottish Industrial Life, with its industrial heritage displays, miners’ cottages, working machinery and outdoor areas.
There are excellent road and public transport links, with the M8 motorway providing easy access towards Glasgow and Edinburgh and several railway stations serving Coatbridge and the surrounding area.
Early viewing is highly recommended to appreciate the quality, space and excellent location this property has to offer.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 146, Riddell Street, Coatbridge
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