1-bedroom flat · ML5 1PY
Sold STCListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A recently refurbished traditional 1 bedroom ground floor flat which has its own back and front door and a situated in a well presented red sandstone building.
Corsewall Street is a very popular address within an established area consisting of similar period style properties which are well maintained and in a great location close to all amenities.
At the front of this particular property is a private enclosed garden which comprises a low maintenance slabbed area with stone boundary wall and timber boundary fence.
At the rear of the development and with vehicular access via pend to the side is a large open area which comprises communal lawned gardens many of which have neat lawns with drying poles, there is an access lane for cars and also plenty outside space for bin stores.
Internally the apartment has been completely redecorated and is presented in neutral shades throughout.
The accommodation comprises double glazed front door opening to a reception hallway with further door through to a main L shaped hallway which has laminate floor and smooth emulsion walls.
The large front room has a bay window providing plenty of natural light and many use this room as a double bedroom.
It has a pleasant outlook down the street, space for free standing units, self coloured carpet and fresh decoration.
There is a further large room which consists of a living room/sitting room and this has a window at the rear overlooking the garden area and also access through to the kitchen.
Plenty of space in this room for a large couch and also a dining table at one side if required.
The kitchen has been recently upgraded to comprise modern white fronted floor and wall storage units with a stainless steel sink and side drainer.
There is a worktop running along the full width of the kitchen and an integrated oven and wall mounted central hating boiler.
Modern inset ceiling lighting, window to the rear and a door opening directly to the rear garden area.
The shower room has been completely upgraded to comprise a modern shower enclosure with sliding door and a wall mounted mains shower. Pedestal wash and basin and WC.
New wet wall in the shower area and attractive wall tiling to the remaining walls. Chrome radiator.
The property further benefits from new double glazed windows and is heated with gas fired central heating system.
Blairhill is a conservation area and the property is mainly surrounded by similar large feature period properties.
The location is within a five minute walk to Blairhill train station which offers direct links to Glasgow (19mins) and Edinburgh.
The property is also within walking distance of local schools including St Ambrose High, Langloan / St Augustines primaries.
Blairgrove precinct and West Canal Street offer local shopping whilst the Monklands Canal and local parks connect you to Drumpellier Country Park via walking / cycling paths minutes from the property's door.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 44 Corsewall Street, Coatbridge, ML5 1PY
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