Summary - 293, BANK STREET ML5 1EG
1 bed 1 bath Land
Affordable freehold town‑centre plot with approved access — auction sale for developers/investors..
- Freehold land parcel with title LAN139411 and mining report obtained
- Approved access; parking for up to four vehicles in outlined yard
- Central Coatbridge location; close to rail, schools and town amenities
- Suitable for mixed residential/commercial uses, subject to consents
- Low guide price (£14,000) and sale by auction (buyers must act fast)
- Surrounding tenements show maintenance needs; plot tucked behind properties
- Wider area recorded as very deprived; consider demand and funding risks
- Tenure listed as unknown; full legal/title checks essential prior to purchase
A compact freehold land parcel in central Coatbridge offered at a low guide price — an affordable entry for a developer or investor with planning ambition. The plot (Land certificate LAN139411) sits to the rear of Bank Street properties with vehicular access via the close at 295 Bank Street and an approved access route. The title outlines space to park up to four vehicles in the back yard and is accompanied by a mining report. Sale by auction (deadline/auction date noted) makes this a clear, quick-acquisition opportunity.
The site benefits from a town-centre position within walking distance of shops, schools and rail links to Glasgow and Edinburgh, a plus for rental or mixed-use prospects. North Lanarkshire Council is the local planning authority and access has been approved; potential uses suggested include mixed residential/commercial, leisure or hospitality, but all development options require formal consents. Excellent mobile signal and fast broadband support modern uses.
Buyers should note material constraints: the immediate surroundings are older tenements and some adjacent buildings appear in need of maintenance; the wider area is recorded as very deprived which may affect demand and funding options. Tenure details are listed as unknown on the data provided and the plot will be sold at auction — purchasers must carry out their own searches and due diligence, including planning, title, site condition and any remediation related to the mining report. This lot will suit a developer or investor prepared to manage planning and site works to unlock value.
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