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See how verdicts work2-bedroom semi-detached house · ML5 1QL
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom Semi Detached Home Popular Location Walking Distance To Town Centre Home Report Available Sold as seen A two-bedroom semi-detached property occupying a highly popular and attractive location within Coatbridge, just a short walk from the town centre and its wide range of local amenities.
The property offers well-proportioned accommodation comprising entrance hallway, lounge, kitchen, two bedrooms and family bathroom, with the additional benefit of further space created from the conversion of the original garage.
The former garage has been converted to provide additional living/storage space along with a WC.
Please note that this conversion does not have planning permission and the WC is not currently in working order.
Buyers should make their own enquiries regarding the use and status of this accommodation.
The property itself requires a full programme of refurbishment and modernisation, offering an excellent opportunity for a purchaser to upgrade and create a home to their own specification.
Externally, the property benefits from its position within this particularly popular residential area, with local shops, schools, transport links and Coatbridge town centre all within easy reach.
This is an excellent opportunity for buyers looking for a refurbishment project in a well-established and sought-after location.
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.
Area
Agent & docs
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FAQ
About 24, Alberta Avenue, Coatbridge
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