2-bedroom flat · ML5 1HT
Listing removedListed 83 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New to the rental market is this beautifully renovated, top-floor two-bedroom unfurnished apartment, ideally situated within easy walking distance of excellent public transport links and a wide range of local amenities.
Upon entering the property, you are welcomed into a bright entrance hallway which provides access to all rooms.
To the front of the property is a spacious lounge, flooded with natural light from the large windows, creating a bright and inviting living space.
The lounge leads through to a modern, fully fitted kitchen complete with white goods.
Also located to the front of the property is a generous double bedroom featuring fitted wardrobes, providing excellent storage.
To the rear, you'll find a second well-proportioned double bedroom along with a contemporary bathroom fitted with a three-piece suite and an overhead shower.
Council tax:: Nlc Band C Availability: Property is available for immediate entry LRN: Pending EPC: Band C Ideally situated in a convenient location, the property is just a short walk from Coatbridge Central Train Station, offering excellent transport links for commuters.
A wide range of local amenities are also close by, including supermarkets, shops, cafés, takeaways, pubs, cash machines, and more.
With everything you need on your doorstep, this well-connected property is perfectly suited to a variety of tenants.
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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FAQ
About Flat E, 275, Bank Street, Coatbridge
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