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Alberta Avenue, Summerlee, Coatbridge, North Lanarkshire - Image 1
Alberta Avenue, Summerlee, Coatbridge, North Lanarkshire - Image 2
Alberta Avenue, Summerlee, Coatbridge, North Lanarkshire - Image 3

Alberta Avenue, Summerlee, Coatbridge, North Lanarkshire

Scotland

£155,000

Listed on 17/09/2026

The listing

Property details

Bedrooms
2
Type
Semi Detached
Area
710 sqft

Description

This two-bedroom semi-detached home presents a prime opportunity for renovation in a sought-after area of Coatbridge. Located within walking distance of the town centre, the property offers convenient access to local amenities, schools, and transport links. The accommodation includes an entrance hallway, a lounge, a kitchen, two bedrooms, and a family bathroom. Notably, the original garage has been converted to provide additional living or storage space, along with a WC; however, this conversion lacks planning permission and the WC is currently non-functional. The property requires a comprehensive refurbishment and modernisation, allowing buyers to tailor the home to their specifications. This is an excellent chance for those looking to invest in a property with significant potential in a well-established residential location.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

31out of 100
Grade ELow opportunity

Confidence: MEDIUM

This two-bedroom semi-detached home in Coatbridge presents a considerable renovation project, with the potential to transform a dated property into a modern living space. While the asking price of £155,000 equates to £218/sqf, which is above the local average of £174/sqf, the location near local amenities adds to its appeal. However, the asking price combined with the estimated renovation costs puts the all-in investment at £255,000, which stretches beyond the implied current local average value of £123,327. This makes it a challenging financial proposition.

The house offers a solid layout with the potential for a layout reconfiguration, especially with the converted garage space that could be further developed, although it currently lacks planning permission for its WC. The garden appears to be in good condition, which could enhance the overall appeal once renovations are completed. Despite the extensive work required, including a complete overhaul of the kitchen and bathroom, this project allows for significant customization to meet personal tastes and preferences.

Key opportunities

  • The converted garage space offers potential for additional living or storage space.
  • The garden is in good condition, providing a pleasant outdoor area to enhance once renovations are complete.
  • There is scope to modernize the property's layout and decor to create a personalized home.

Key risks

  • Stripped interiors and a £80,000–£120,000 works budget make this a full-gut programme, not a refresh.
  • Factor in roughly £255,000 all-in — £100,000 of works on top of the asking price, leaving a gap of around 52% versus area norms for this sqft — current-condition benchmarks only, not after-works GDV.

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Map

Location

Alberta Avenue, Summerlee, Coatbridge, North Lanarkshire
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£586
Based on a loan of £116,250 over 30 years at 4.45% 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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