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See how verdicts work3-bedroom flat · ML6 8DP
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within an established residential area of Petersburn, Airdrie, this spacious three-bedroom top-floor flat presents an excellent opportunity for investors, developers and those seeking a rewarding refurbishment project.
The property occupies the second floor of a purpose-built block and extends to approximately 80 sq m, offering generous accommodation throughout.
The accommodation comprises a welcoming entrance hall, spacious lounge, kitchen, three well-proportioned bedrooms and a bathroom.
The property benefits from double glazing and electric heating, with excellent scope for modernisation and improvement to maximise its full potential.
The home requires a programme of upgrading and cosmetic refurbishment, with the Home Report highlighting improvements to internal finishes, kitchen, bathroom and various maintenance items.
As such, the property offers an attractive blank canvas for those looking to add value and create a desirable rental investment or owner-occupied residence.
Conveniently located for local amenities, schools, public transport links and road connections to Glasgow and the wider Central Belt, the property is well placed to appeal to a broad range of occupiers once improved.
We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.
It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion.
If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.
Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.
All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days.
For these reasons, it is suitable for cash buyers only.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About Calder Glen Courts, Mull, Airdrie, ML6
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