3-bedroom flat · ML5 4DS
Listing removedListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Details This is a deceptively spacious ex-local authority upper flat offering generous accommodation throughout.
The property benefits from gas central heating and double glazing whilst providing excellent versatility.
Whilst requiring a degree of cosmetic modernisation, the flat presents an excellent opportunity for buyers to personalise and enhance the accommodation to their own tastes, offering superb onward potential this light and airy flat offers an ideal purchase for first-time buyers, investors or those seeking a spacious home with scope for improvement.
Comprising shared entrance and stairwell, welcoming reception hallway with convenient storage off, good sized formal lounge, breakfasting sized kitchen, three versatile double bedrooms and a shower room.
The property benefits from a system of gas central heating and double glazed window units.
Coatbridge offers an excellent range of local amenities, including a variety of shops, supermarkets, cafés, restaurants and leisure facilities.
The town is well served by reputable primary and secondary schools, with excellent public transport links via several railway stations providing direct access to Glasgow and Edinburgh.
The nearby M8 and M74 motorway networks also offer convenient commuting throughout Central Scotland. The Energy Performance Rating For This Property Is Band C
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.
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 advisors 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
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About 16 Addiewell Place, Coatbridge
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