3-bedroom flat · ML5 1QX
Listing removedListed 171 days
Opportunity summary
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About
Main Description **CLOSING DATE 12pm FRIDAY 15th MAY** Abode Estate Agency present this walk in condition, 3 /4 bedroom maisonette flat, located in popular location in Coatbridge.
Lounge /dining area, dining kitchen, family bathroom, floored attic (bedroom 4 / office / play room) and rear garden. Home Report is attached. The property is decorated in neutral tones throughout.
There is a mix of tiles and ceramic tiling to the wet areas. Energy efficient double glazing which is enhanced by a system of gas fired central heating provide a warm feel throughout the property.
The accommodation comprises of welcoming lower hall, family lounge / dining area, dining kitchen and family bathroom.
Upper floor offers inner hallway, three well proportioned double bedrooms and staircase accessing floored attic.
Lower Hall Tiled flooring, feature lighting, storage cupboard, carpeted staircase giving access to the upper floor and doors accessing lounge / dining and family bathroom.
Lounge / Dining Area 7m x 4.2m Spacious lounge with media wall, attractive electric fire, laminate flooring, window to front, storage cupboard and feature lighting.
Access to inner hallway and dining kitchen. Kitchen / Dining Area 3.4m x 3.3m A fully fitted dining kitchen with ample floor / wall units and contrasting worktops.
Gas hob with electric oven, tiled flooring, window to the rear, integrated, fridge, freezer, dishwasher, washing machine, microwave and spot lighting. Access to lounge / dining.
Family Bathroom (Ground Floor) White three piece sanitry suite, recess lighting, tiled flooring, window to rear, vanity storage, heated towel rail, electric shower over bath with glass screen.
Access to inner hallway. Upper Hall Open carpeted hallway giving access to three double bedrooms and staircase accessing attic. Window to front and feature lighting.
Master Bedroom 4.6m x 3.1m Carpeted flooring, windows to the front and feature lighting. Access to inner hallway. Bedroom Two 3.6m x 2.6m Window to the rear, carpeted flooring and feature lighting.
Access to inner hallway. Bedroom Three 4.1m x 2.2m Window to rear, carpeted flooring and feature lighting. Access to inner hallway.
Garden Rear garden is mainly laid to lawn with communal drying area and private section of garden. Outside storage cellar.
Extras in sale include all integrated appliances, all flooring, blinds, curtains, curtain poles, fireplace, fixtures, fittings and washing machine.
Coatbridge has the majority of every day shopping needs. There is a great choice of bistros, pubs.
The property is located within popular school catchment areas and also within close proximity to the town centre.
For those commuting by public transport there are regular bus and train services from Coatbridge to the surrounding towns and cities including Glasgow and Edinburgh.
The M8 & M74 motorway provides excellent access to the central belt linking the surrounding towns and cities.
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 Corsewall Street, Coatbridge, ML5 1QX
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