1-bedroom flat · G67
SoldListed 413 daysAuction 15 Jan · ended
Opportunity summary
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About
One Bedroom Flat in popular residential location of Cumbernauld. Popular street with parking. Built circa 1960s.
The property is a purpose built main door ground floor studio style flat in a 5/6 storey block of flats. RICS Home Report £32,000 (Thirty Two Thousand Pounds Sterling).
The property is situated in an established residential area of Cumbernauld, North Lanarkshire. Built circa 1960's. COMPRISES: Reception hallway, lounge with bedroom and kitchen and bathroom.
Council Tax: North Lanarkshire Band B. Freehold Residential Property. Quiet street with parking.
Cumbernauld is approximately 15 miles from Glasgow, 40 miles from Edinburgh, 15 miles from Stirling and 12 miles from Falkirk which are all easily accessible via the M80 which connects Cumbernauld to the Central Belt.
We understand there is a consultation between the owner occupiers and the housing association in regards complete regeneration of this area. This may result in compulsory purchase orders being issued.
This can have a significant effect on the value of the properties. No checks have been made by us in this regard and it is imperative that your legal advisor makes these checks prior to purchase.
Should such works be set to take place we reserve the right to adjust our valuation and home report accordingly Auction Details 15 January 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.
Area
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FAQ
About Greenrigg Road, Flat A, Cumbernauld G67
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