Summary - 291, GREENGAIRS ROAD, AIRDRIE, GREENGAIRS ML6 7TE
2 bed 1 bath Flat
Discounted two-bed cottage flat — ideal for investors prepared to renovate and let..
Attractive £15,000 discount against Home Report valuation
Two-bedroom upper cottage flat, approx. 593 sq ft
Freehold tenure; sold at auction
Requires renovation — immediate works expected
Slow broadband and average mobile signal
Located in a very deprived area — affects capital growth
Council Tax Band A — very low running costs
Buyer’s premium applies (auction fees), increases purchase cost
This two-bedroom upper cottage flat in Greengairs is offered with a substantive £15,000 reduction against the Home Report valuation, making it a clear value play for investors. The accommodation includes a spacious lounge, kitchen, two bedrooms and a shower room across a compact 593 sq ft footprint. The property is freehold and sold at auction, presenting a quick, straightforward purchase route for portfolio buyers.
The flat requires renovation and some degree of works, which creates scope to add value but also means immediate expenditure is likely. Broadband speeds are slow and mobile signal is average; bring realistic expectations for connectivity. The surrounding area is classified as very deprived, which affects long-term capital-growth prospects but supports steady rental demand and affordable purchase costs.
Transport links are practical for commuters: local bus services and reasonable access to the M80. Council Tax Band A keeps ongoing rates low. Be aware the sale will include an auction buyer’s premium (typically 3.6% subject to a minimum), and no tests of services or fittings have been made. This is best-suited to experienced buy-to-let investors or renovators seeking a bargain entry and willing to manage refurbishment and tenant sourcing.
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