297A Bank street, Coatbridge, ML5 1EG
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions is excited to bring to market this Amazing 1-bedroom flat with a study located within a prime location in Coatbridge. ***Home Report £55,000***
- ***216, Bank Street, Coatbridge, Lanarkshire ML5 1EG, Previously sold for £75,000.197a, Bank Street, Coatbridge, Lan ML5 1HQ Previously sold for £65,000. 4, Drumpellier Crescent, Coatbridge, Lan ML
- Based on similar properties nearby, if utilised as a serviced accommodation, based on stair Airbnb, it could achieve £75-£85 per night. This would produce £19,162 - £21,717 based on a 70% occupan
- The property could achieve £500-£550 PCM (£6,000-£6,600 P/A) this would achieve an amazing rental yield of 13%-15% if bought for the Guide price.
- The property is walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. The property has outstanding local amenities and except
Description
- Prime Property Auctions is excited to bring to market this Amazing 1-bedroom flat with a study located within a prime location in Coatbridge. ***Home Report £55,000***
- ***216, Bank Street, Coatbridge, Lanarkshire ML5 1EG, Previously sold for £75,000.197a, Bank Street, Coatbridge, Lan ML5 1HQ Previously sold for £65,000. 4, Drumpellier Crescent, Coatbridge, Lan ML5 1ED Previously sold for £94,000.***
- Based on similar properties nearby, if utilised as a serviced accommodation, based on stair Airbnb, it could achieve £75-£85 per night. This would produce £19,162 - £21,717 based on a 70% occupancy, subject to gaining the necessary licencing and information.
- The property could achieve £500-£550 PCM (£6,000-£6,600 P/A) this would achieve an amazing rental yield of 13%-15% if bought for the Guide price.
- The property is walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. The property has outstanding local amenities and exceptional transport links.
Prime Property Auctions is excited to bring to market this Amazing 1-bedroom flat with a study located within a prime location in Coatbridge. ***Home Report £55,000***
The accommodation comprises of: Entrance hall, living room, kitchen, one bedroom, study and bathroom.
The property is walk in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. The property has outstanding local amenities and exceptional transport links.
Based on similar properties nearby, if utilised as a serviced accommodation, based on stair Airbnb, it could achieve £75-£85 per night. This would produce £19,162 - £21,717 based on a 70% occupancy, subject to gaining the necessary licencing and information.
The property could achieve £500-£550 PCM (£6,000-£6,600 P/A) this would achieve an amazing rental yield of 13%-15% if bought for the Guide price.
An excellent opportunity for a loving family to secure a move-in ready property with a fantastic homely feel in a safe and sought-after area. Recent strong sales in the local market demonstrate the high demand for homes in this desirable location.
***216, Bank Street, Coatbridge, Lanarkshire ML5 1EG, Previously sold for £75,000.197a, Bank Street, Coatbridge, Lan ML5 1HQ Previously sold for £65,000. 4, Drumpellier Crescent, Coatbridge, Lan ML5 1ED Previously sold for £94,000.***
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Coatbridge, located in North Lanarkshire, is a well-connected town just east of Glasgow, known for its industrial heritage and strong commuter links. Key attractions include the Summerlee Museum of Scottish Industrial Life, which celebrates the area's engineering past, and Drumpellier Country Park, offering scenic walking trails, lochs, and woodlands. The town provides a range of amenities including retail parks, supermarkets, leisure centres, and schools, catering well to families and professionals alike.
Coatbridge is ideally positioned for commuting into Glasgow, with frequent rail services from Coatbridge Sunnyside and Coatdyke stations taking around 15-20 minutes to Glasgow Queen Street. Road connectivity is excellent, with the M8 motorway nearby offering direct access to Glasgow (to the west) and Edinburgh (to the east). Additionally, the A725 and A8 provide easy local routes and link directly to the M74, which runs south towards Hamilton and beyond. This strategic location makes Coatbridge a convenient and attractive option for those working in or visiting Glasgow.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Covered
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
297A Bank street, Coatbridge, ML5 1EG
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About Prime Property Auctions (Scotland) Ltd, Glasgow
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Visit our security centre to find out moreDisclaimer - Property reference 212426188. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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