Glenboig Farm Road, Glenboig, Coatbridge
Scotland
£210,000
Listed on 28/08/2026
Listed on 28/08/2026
The listing
Property details
Bedrooms
N/AType
PlotDescription
A residential development site within the historic grounds of Glenboig House, comprising a substantial area of predominantly level former paddock land. Planning permission is stated to have been granted for three detached villas, with proposals including a new access road between Glenboig House and the adjoining stable block and former riding arena. The access would serve the three-home scheme from a private cul-de-sac.
The listing states that work has begun, with trenches started for two of the proposed properties. The land may be purchased on its own or potentially alongside adjoining lots. For a purchaser of Glenboig House, Lot 3 could also offer additional grounds, subject to any necessary permissions and consents. Planning status, approved drawings, site works and the terms for acquiring adjoining lots should be checked before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
45out of 100
Grade ELow opportunity
Confidence: LOW
At £210,000, this is a distinct development opportunity rather than a renovation project: the predominantly level plot is within the historic grounds of Glenboig House, with permission stated for three detached villas and trenches already started for two. The small, private cul-de-sac concept and established setting give the scheme a clear character.
The score is held back by limited information on value and project economics: floor area is missing, so the price cannot yet be judged against local £/sqf, and the available information is not enough to assess renovation economics. Verify the planning permission, conditions, deliverability and the extent and compliance of the site works before proceeding.
Key opportunities
- Create a small, private development of three detached homes in an established historic setting.
- The largely level plot and visible excavated footprints offer a starting point for progressing the approved scheme.
- Potential flexibility to acquire the site independently or alongside adjoining lots, subject to permissions and consents.
Key risks
- Confirm the planning permission, its conditions and deliverability, and establish the extent and compliance of the site works already undertaken.
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Transport
Nearest stations
Gartcosh Rail Station
1.4 miles
Train · Gartcosh
Blairhill Rail Station
2.1 miles
Train · Blairhill
Coatbridge Sunnyside Rail Station
2.2 miles
Train · Coatbridge
Coatbridge Central Rail Station
2.5 miles
Train · Coatbridge
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£858
Based on a loan of £157,500 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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