2 bedroom flat for sale

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2 bedroom flat for sale

65, Lomond Road, Coatbridge, ML52JS
£61,000

Price History

Initial price £65,000
05/04/25 £80,000
15/04/25 £64,000
23/04/25 £76,000
26/04/25 £58,000
03/05/25 £76,000
10/05/25 £61,000
Price Change -6.15%

Description

This is a rare investment opportunity to purchase a tenanted two-bedroom ground floor flat in a highly sought-after location in Coatbridge. The property is currently let at £695 per month, generating an annual rental income of £8,340. The flat is situated in a prime rental location, close to the town centre, Tesco supermarket, and two train stations, making it an ideal buy-to-let investment. The local sales evidence suggests that similar properties in the area are selling for a premium, with a nearby property recently selling for £121,500. Coatbridge is a popular commuter location, with excellent links to Glasgow and Edinburgh, making it an attractive option for investors. The property will be sold at a timed online auction on May 15, 2025, and interested buyers can submit an enquiry or visit the auction house's website for full details on how to bid.