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8A Frederick Street, Coatbridge, ML5 2EZ

Key features

  • Prime Property Auctions is excited to present an exceptional 1 Bedroom Flat within a prime location in Coatbridge - Guide price £50,000.
  • ***15, Heritage View, Coatbridge, Lan ML5 1QA Previously sold for £106,000, 8e, Carradale Street, Coatbridge, Lanarkshire ML5 1PS Previously sold for £90,000***.
  • For rental purposes the property could attract a monthly rental figure of £650-£700 per month (£7,800 - £8,400 p/a) which could give an excellent yield of 14%-15.2% based on a guide price of £50
  • Sure to appeal to shrewd buy to let investors looking for a great ready to let investment opportunity or a homeowner looking for an excellent home. ***HOME REPORT £65,000***
  • Property has been newly renovated to a high standard with modern finish throughout. A new boiler was also recently fitted!

Description

  • Prime Property Auctions is excited to present an exceptional 1 Bedroom Flat within a prime location in Coatbridge - Guide price £50,000.

 
  • ***15, Heritage View, Coatbridge, Lan ML5 1QA Previously sold for £106,000, 8e, Carradale Street, Coatbridge, Lanarkshire ML5 1PS Previously sold for £90,000***.

 
  • For rental purposes the property could attract a monthly rental figure of £650-£700 per month (£7,800 - £8,400 p/a) which could give an excellent yield of 14%-15.2% based on a guide price of £50,000.

 
  • Sure to appeal to shrewd buy to let investors looking for a great ready to let investment opportunity or a homeowner looking for an excellent home. ***HOME REPORT £65,000***

 
  • Property has been newly renovated to a high standard with modern finish throughout. A new boiler was also recently fitted!

 

Prime Property Auctions is excited to present an exceptional 1 Bedroom Flat within a prime location in Coatbridge - Guide Price £50,000

 

Property Comprises: Entrance Hallway, Lounge, Kitchen, 1 Double Bedroom and bathroom. Property benefits from gas central heating, double glazing, ample storage throughout, on street parking and well kept communal areas. 

 

For rental purposes the property could attract a monthly rental figure of £650-£700 per month (£7,800 - £8,400 p/a) which could give an excellent yield of 15.6%-16.8% based on a guide price of £50,000.

 

Sure to appeal to shrewd buy to let investors looking for a great ready to let investment opportunity or a homeowner looking for an excellent home. ***HOME REPORT £65,000***

 

Potentially high yielding investment property.

 

***15, Heritage View, Coatbridge, Lan ML5 1QA Previously sold for £106,000, 8e, Carradale Street, Coatbridge, Lanarkshire ML5 1PS Previously sold for £90,000***.

 

Local sales evidence shows that there is great capital growth potential.

 

Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today.

 

 

Location:

 

Coatbridge, situated approximately 11 miles east of Glasgow, has a rich industrial heritage rooted in iron and steel production during the 19th century. Coatbridge boasts landmarks like the iconic Summerlee Museum of Scottish Industrial Life, showcasing the region's industrial past. The town centre features a mix of shops, cafes, and amenities, while the Drumpellier Country Park provides recreational green space for residents. Additionally, Coatbridge is well-connected with rail and road networks, facilitating easy access to neighbouring towns and cities, contributing to its role as a commuter hub.

 
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.
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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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8A Frederick Street, Coatbridge, ML5 2EZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blairhill Station0.1 miles
  • Blairhill Station0.1 miles
  • Coatbridge Central Station0.5 miles
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About the agent

Prime Property Auctions (Scotland) Ltd, Glasgow

126 West Regent Street, Glasgow, G2 2RQ

Prime Property Auctions (Scotland) Ltd, Glasgow

Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.

Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great

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Disclaimer - Property reference 203272466. 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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**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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