3-bedroom flat · ML5 1RJ
Listing removedListed 52 days · slow let
Opportunity summary
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About
Property Reference: 3017886.
Spacious 3-Bedroom Maisonette in Popular Summerlee Area Key Features: - Great family home - Three spacious bedrooms - Close to 3 Train Stations - Excellent transport links to Glasgow & Edinburgh - Close to local schools and amenities - Within catchment area for St Ambrose High School - Council Tax Band B - Rear garden - Gas central heating and double glazing Description: This bright and spacious three-bedroom maisonette is located in the popular Summerlee area of Coatbridge, just a short distance from the town centre, local schools, and excellent transport links.
Accessed via a well-maintained close to the rear, the property is set over two levels.
The ground floor features a welcoming entrance hallway, a generous and bright lounge, a fitted kitchen/diner, and a family bathroom.
On the upper level, there are three large bedrooms, all offering excellent space and storage.
The home further benefits from gas central heating, double glazing, and a private rear garden, making it an ideal choice for families or professionals alike.
Coatbridge Central/Sunnyside/Blairhill Train Stations are all only a few minutes' walk away, offering direct links to Glasgow and Edinburgh.
The M8 motorway is easily accessible, providing convenient commuting options. Local attractions such as Summerlee Heritage Museum and Drumpellier Country Park are also nearby.
Room Sizes (approx): Lounge: 6.1m x 4.2m Kitchen/Diner: 3.6m x 3.2m Bedroom 1: 5.0m x 2.9m Bedroom 2: 3.7m x 2.9m Bedroom 3: 4.3m x 2.4m Summary & Exclusions: - Rent Amount: £950.00 per month (£219.23 per week) - Deposit / Bond: £950.00 - 3 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 02 September 2026 - Maximum number of tenants is 6 - No Smokers - Family Friendly - Bills not included - On street parking available - Property has garden access - EPC Rating: C Summary & Exclusions: - Rent Amount: £950.00 per month (£219.23 per week) - Deposit / Bond: £950.00 - 3 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 02 September 2026 - Maximum number of tenants is 6 - No Students - No Smokers - Bills not included - No Parking Available - Property has garden access - EPC Rating: C If calling, please quote reference: 3017886 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent is on the Scottish Letting Agent Register, registration number LARN1809026 Scottish Landlord Register: Landlord Registration Pending OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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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About B Melrose Place, Coatbridge
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