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Greenfield, Glenmavis, Airdrie ML6

Scotland

£595,000
Listed on 14/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1561 sqft

Description

Presenting a distinctive opportunity, this property comprises three separate lots within a substantial land holding, offering both residential and commercial potential. The main residence features a flexible layout with spacious living areas including two front-facing lounges, a dining room, and a fully equipped kitchen, alongside three sizeable bedrooms on the upper floor. An additional bungalow on site, currently requiring extensive refurbishment, has the potential to significantly increase in value upon completion. This property is set on approximately 3.5 acres of land that is presently zoned as greenbelt; however, there is strong legal advice suggesting re-zoning to brown belt may be feasible due to its historical usage for commercial purposes. The expansive yard presents an ideal space for businesses such as haulage or logistics, while also providing substantial outdoor areas for family living. Located on the outskirts of Glenmavis in North Lanarkshire, residents can enjoy rural tranquility with easy access to major transport links towards Airdrie and Cumbernauld. This multifaceted property not only offers a charming family home but also multiple avenues for development and income generation.

Investment Analysis

(ML6 area)

Above Market Value

This property is priced +151.0% above area average per sq ft

+151.0%
This Property
£381/sq ft
Area Average
£152/sq ft
Avg Rent (weekly)
£166
Avg Yield
5.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£260,742
10% above area average per sq ft
Potential ROI
-61.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
73
Average per month
Market Turnover
242%
Properties sold annually

Local Market Trend (ML6)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 14.5%
5 year growth: 16.6%
Investment Disclaimer: Analysis based on ML6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Greenfield, Glenmavis, Airdrie ML6
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,180
Based on a loan of £446,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE