Portolio says ..
Tenanted 2 bedroom buy-to-let investment in Coatbridge with a current yield of 8.8%.
Property Oracle says ..
This property is a 2-bedroom flat located in Coatbridge, North Lanarkshire. The location benefits from relatively close proximity to several ScotRail stations, offering convenient access to public transportation. However, information on nearby schools is not provided, and the immediate surroundings appear somewhat dated based on the provided images. The flat itself is in need of some modernisation, with dated decor and fixtures visible in the photographs. The kitchen and bathroom show signs of wear and tear and would likely benefit from updating. While the property includes a fireplace, there is no garden or outdoor space. Considering the average price per sqft in the area is £152, and this property is listed at £67,995, the price appears relatively low compared to nearby listings, especially considering the need for modernisation. However, the lack of plot size and the condition of the property need to be taken into consideration.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 413.33
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
- 206,312.00 £Increased by 25.04 %
- Est sale value
- 94,652.57 £Increased by 32.37 %
- Average area rental value
- 763.00 £/moIncreased by 1.33 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.44 %Decreased by 18.98 %
- Crime Rate
- 0.00 %
Agent Activity
Portolio created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Quarry Street | £ 0 | 0 | 0.00 KM |
| Irvine Crescent | £ 192,500 | 0 | 0.00 KM |
| Clifton Place | £ 97,333 | 0 | 0.00 KM |
| East Stewart Street | £ 63,988 | 0 | 0.00 KM |
| Agnew Avenue | £ 289,995 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Coatdyke | 9762 | COA | 0.43 KM |
| Whifflet | 9753 | WFF | 1.58 KM |
| Coatbridge Sunnyside | 9752 | CBS | 2.54 KM |
| Airdrie | 9759 | ADR | 2.60 KM |
| Coatbridge Central | 9747 | CBC | 2.85 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Main Street, Coatbridge, ML5 | £ 67,995 | BUY | 4 / 10 | 0.00 KM |
| Quarry Street, Coatbridge, Coatbridge | £ 295,000 | BUY | 7 / 10 | 0.20 KM |
| Quarry Street, Coatbridge, North Lanarkshire, ML5 | £ 195,000 | BUY | Unknown | 0.22 KM |
| Irvine Crescent, Coatbridge, ML5 3QF | £ 219,995 | BUY | 7 / 10 | 0.22 KM |
| 517-525, Main Street, Coatbridge, ML53RX | £ 30,000 | BUY | 4 / 10 | 0.23 KM |