BIDDING OPENS in...

Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 1
  • Council Tax: Search

***FREEHOLD main door flat with full vacant possession*** GUIDE PRICE £15,000 below home report valuation***

***The property comprises, hallway, lounge, bedroom, kitchen and bathroom. Double glazing and gas central heating*** Presented in good order throughout***

***Great buy to let property with flat 4A also being offered. Opportunity for 2 buy to let units in the same building***

***Low discounted guide price. Priced to sell in auction. Popular area with strong rental demand*** Potential rental up to £625 pm*** 18% potential yield if bought at guide price***

***Ideally located close to Coatbridge town centre. Whifflet train station with short walking distance***

***FREEHOLD main door flat with full vacant possession*** GUIDE PRICE £15,000 below home report valuation*** ***The property comprises, hallway, lounge, bedroom, kitchen and bathroom. Double glazing and gas central heating*** Presented in good order throughout*** ***Great buy to let property with flat 4A also being offered. Opportunity for 2 buy to let units in the same building*** ***Low discounted guide price. Priced to sell in auction. Popular area with strong rental demand*** Potential rental up to £625 pm*** 18% potential yield if bought at guide price*** ***Ideally located close to Coatbridge town centre. Whifflet train station with short walking distance***

The popular commuter town of Coatbridge is located approximately 10 miles east of Glasgow and lies within the North Lanarkshire Council jurisdiction. Coatbridge has a resident population in the region of 40,000 persons and is located approximately 10 miles east of Glasgow within North Lanarkshire Council jurisdiction. Coatbridge lies at the convergence of the A725 and A89 road routes with the recently upgraded M8 network around one mile to the south. There are good public transport links nearby including a main railway line which links to Glasgow and Edinburgh.

Full Address: 4 School Street, Flat B, Coatbridge, ML5 4DZ

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Map & Location

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Document Downloads

(Available) Home Report (Pending) Legal Docs (Available)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

Pricing Information & Bidding

Opening Bid: £30,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 12 February 2026, 10am-3pm
Type: Timed Online Auction

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