2-bedroom terraced house · ML5 5AZ
Sold STCListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a really nice, 2 bedroom end of terrace villa on Netherhouse Avenue in Coatbridge.
The house was built around 1955 and is traditionally constructed with a well maintained render exterior beneath a sloping concrete tiled roof with modern gutters and pvc windows.
At the front of the property there is an enclosed front garden with a wooden gate and a pathway to the front door surrounded by a neat lawn and well stocked plant beds.
The front door opens to a short hallway with access to the lounge area and a staircase to the second floor.
The lounge is a large open space with wooden flooring, large storage cupboards and a window looking onto the front garden and the street.
The kitchen has been recently painted and is a fairly large space with fitted worktops with floor and wall storage units and ample worktop surface area.
Under counter plumbing for a washing machine as well as an integrated gas hob, oven and hood.
There is a stainless steel kitchen sink with space for a drying rack for dishes, a large window facing onto the back garden and space for a fridge freezer.
The back garden offers a great, well maintained space with a garden shed, lawn area and a walkway at the side of the property which is great for bin access.
On the second floor of the property, coming up the stairs the landing has access to bedrooms and bathroom.
There is a modern, 3 piece bathroom with a w/c, sink and bath tub with an electric shower and a large frosted window facing onto the rear garden.
The bathroom is a well fitted, white tiled room with plenty of space. The first bedroom is a double room with a 2 foot wide cupboard and large window facing onto the rear garden.
This room is a large space with plenty of room for a double bed, drawers, dressing tables and wardrobes.
The second bedroom is the master bedroom and has a large window facing onto the front garden and street. This room also has a large cupboard and great space.
This property further benefits from double glazed windows, on road parking directly outside the front garden and loft storage space Kirkshaws enjoys a very central location for all of Coatbridge's many amenities.
Kirkwood Train station and Whifflet Train Station are both within walking distance. A vast number of primary schools, nurseries and the new St Andrews High School are on your doorstep.
Also easy access the M8 and M74 links across the central belt.
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 123 Netherhouse Avenue, Coatbridge ML5 5AZ
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