Windyridge, 560 Stirling Road, Riggend, Airdrie, North Lanarkshire, ML6
GA

Windyridge, 560 Stirling Road, Riggend, Airdrie, North Lanarkshire, ML6

By Galbraith

£ 400,000

Reviews

2 out of 5 stars

Galbraith says ..

CLOSING DATE SET FOR FRIDAY, 28 June 2024 AT 12 NOON. CLOSING DATE 28th JUNE 2024 AT 12 NOON Residential Property with Industrial Unit and Yard • Industrial unit extending to approximately 2,125 sq.ft (200 sq.m) • Surfaced yard approximately 0.45 acres &bul...

Property Oracle says ..

This property presents a unique opportunity for buyers seeking a substantial landholding with potential for development. The listing comprises a residential building, an industrial unit, and a sizable plot of land situated on Stirling Road near Riggend, Airdrie. The residential portion of the property appears to be in need of a full refurbishment, with dated interiors and cosmetic issues evident in the provided images. The interior lacks finishing. The industrial unit, however, seems structurally sound. The size of the plot is the biggest attractive feature. Proximity to several train stations provides access to public transportation. While the setting offers scenic views and a tranquil atmosphere, its distance from local amenities might be a drawback for some buyers. The asking price reflects both the land value and the potential of the industrial unit, but the considerable cost of renovating the residential structure must be factored into the overall value proposition. A detailed survey would be crucial for potential buyers to assess the extent of the renovation needed and the true cost involved.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
4
Land
7
Bedrooms
0
Bathrooms
0
Sqft (est)
1,638.70

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
158,832.00 £
Decreased by 18.12 %
from 193,971.00 £
Est sale value
309,714.30 £
Decreased by 6.44 %
from 331,017.40 £
Average area rental value
1,157.00 £/mo
Increased by 22.82 %
from 942.00 £/mo
Est letting value
1,638.70 £/mo
from 0.00 £/mo
Est rental Yield
8.74 %
Increased by 49.91 %
from 5.83 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Galbraith created the listing.

Images

Picture No. 03 Picture No. 04 Picture No. 05 Picture No. 06 Picture No. 07 Picture No. 08 Picture No. 09 Floorplan Picture No. 10 Picture No. 11 Floorplan

Nearby Streets

NameAverage PriceAverage SqftDistance
Spairdrum Road £ 260,00000.00 KM
Hulks Road £ 000.00 KM
Mill Road £ 327,00000.00 KM
A73 £ 275,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Greenfaulds9725GRL2.47 KM
Cumbernauld9721CUB2.68 KM
Airdrie9759ADR6.01 KM
Drumgelloch9757DRU6.54 KM
Coatdyke9762COA6.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
Windyridge, 560 Stirling Road, Riggend, Airdrie, North Lanarkshire, ML6 £ 400,000BUY5 / 100.00 KM
Hulks Road, Greengairs, Airdrie, ML6 £ 300,000BUY7 / 100.84 KM
Stirling Road, Luggiebank, Cumbernauld, Glasgow, G67 £ 530,000BUY7 / 101.47 KM
Stirling Road, Cumbernauld, Glasgow £ 475,000BUY7 / 101.47 KM
667 Stirling Road, Luggiebank, Cumbernauld, G67 4AB £ 239,999BUY6 / 101.52 KM