We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · ML5 1NN
Listing removedListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Occupying a substantial plot within a highly regarded residential pocket of Coatbridge, this impressive detached bungalow offers spacious and flexible accommodation, complemented by a large floored loft space presenting excellent future potential.
Beautifully maintained throughout, the property provides an ideal opportunity for downsizers seeking single-level living, whilst equally appealing to families looking for a home with scope to expand further.
The generous accommodation extends to approximately 1,285 sq ft and comprises a welcoming reception hallway, a bright and spacious lounge, a sizeable dining kitchen with ample space for family dining, two well-proportioned double bedrooms and a modern shower room.
A particular feature of the property is the substantial floored loft area, accessed via a fixed staircase and benefiting from roof windows and excellent storage space.
While currently utilised as a large attic room, the space offers tremendous potential for further development, subject to the appropriate consents.
Externally, the home enjoys beautifully maintained gardens to both the front and rear.
The enclosed rear garden provides a private and secure outdoor space with lawn and patio areas, ideal for relaxing and entertaining.
A lengthy driveway offers excellent off-street parking and leads to a detached garage.
Further benefits include gas central heating, double glazing and a highly desirable location close to a wide range of local amenities and transport links.
Lennox Avenue is conveniently positioned for easy access to Coatbridge town centre, local shops, supermarkets, schools and public transport services.
Excellent road links provide swift access throughout Lanarkshire and beyond, making this an ideal location for commuters.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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 asking
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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 5 Lennox Avenue, Coatbridge
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