Auction
Auction date passed
This lot went to auction on 22 October 2026 (2 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
3-bedroom semi-detached house · ML5 2LE
For saleListed 17 daysAuction 22 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** sale by auction - 22 October 2026 - Timed Online Auction ** three bedroom Semi detached House located in a quiet cul-de-sac setting in a popular residential location.
Good sized property with front and rear garden. Perfect family home or buy to let property Located in a quiet residential cul de sac position. EPC Rating - Band D. RICS Home Report £80,000.
Comprises - Ground floor kitchen and reception room. First floor three bedroom and family bathroom.
The property offers an ideal opportunity for owner occupiers or buy-to-let investors, with strong rental demand for family-sized accommodation within the local area.
Anticipated rental income of £895 pcm Iona Place is a popular residential area for families thanks to its strong mix of everyday amenities and nearby schools.
The area has a range of local conveniences within a short distance.
Iona Place is a practical and well-connected location that suits a range of buyers, from families to commuters looking for value and convenience.
Iona Place in Coatbridge is a well-established residential area that offers a good balance of everyday convenience and connectivity, making it an appealing place to live.
The neighbourhood benefits from a range of local amenities within walking distance, including convenience shops, supermarkets and pharmacies, as well as nearby healthcare facilities and primary schools, which are ideal for families.
Excellent transport links are a major advantage, with several train stations such as Blairhill and Coatbridge Sunnyside located within around a mile, providing easy access to Glasgow, Edinburgh and surrounding areas, alongside good road connections via the M8 and M73 motorways.
The wider Coatbridge area is known for its strong community feel, affordable housing, and access to parks, leisure facilities and local attractions, offering a comfortable suburban lifestyle while still being within commuting distance of major cities.
Auction Details 22 October 2026,10am-3pm Timed Online Auction How to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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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 starting price
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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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About 4, Iona Place, Coatbridge
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