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Calder Street, Coatbridge, North Lanarkshire ML5 - Image 1
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Calder Street, Coatbridge, North Lanarkshire ML5 - Image 3

Calder Street, Coatbridge, North Lanarkshire ML5

Scotland

£18,000
Listed on 18/02/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat, situated on the second floor, offers a compelling opportunity for those interested in undertaking a full renovation. Currently in a distressed state, the property includes a generous bedroom, bathroom, and living area but requires extensive repairs throughout, particularly with the ceiling in the bedroom having collapsed. This makes it an ideal project for savvy investors or developers looking to capitalize on its potential post-renovation. Located in Coatbridge, a North Lanarkshire town that is approximately 10 miles east of Glasgow, this flat benefits from the area's blend of historical significance and modern conveniences. The community is known for its strong local spirit and excellent transport links, which further enhances its investment appeal.

Investment Analysis

(ML5 area)
Area Average
£171/sq ft
Avg Rent (weekly)
£182
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
212%
Properties sold annually

Local Market Trend (ML5)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +15.1%
5 year growth: +20.9%
Investment Disclaimer: Analysis based on ML5 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

Calder Street, Coatbridge, North Lanarkshire ML5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£65
Based on a loan of £13,500 over 30 years at 4.06% 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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