Summary - 250, MILLCROFT ROAD, GLASGOW, CUMBERNAULD G67 2QL
3 bed 1 bath Terraced
Three-bedroom terraced fixer-up with high rental yield potential, sold at auction..
Potential rental income approx £725pcm (estimated yield over 21% at guide price)
Guide price/home report value £40,000; sold at auction 22 October
Requires full renovation throughout; visible peeling paint and dated finishes
Single bathroom only; three small bedrooms and compact living spaces
Unknown tenure — legal checks advised before purchase
Area described as very deprived; affects long‑term growth and tenant mix
Excellent mobile signal and fast broadband—good for tenants
Close to Cumbernauld amenities, shopping and regular Glasgow train services
Set on Millcroft Road in Cumbernauld, this three-bedroom mid‑century terraced house is a clear renovation project being sold at auction on 22 October. The property offers straightforward layout with sitting room, kitchen, bathroom and three small bedrooms — ideal for an investor or buyer prepared to refurbish and modernise. The home report lists a guide value of £40,000 and a likely rental income of about £725pcm, indicating strong yield potential if purchased at guide price.
Key positives are good local transport links and nearby amenities: Cumbernauld town centre, an Asda superstore and a regular train service to Glasgow are within easy reach. Broadband speeds are fast and mobile signal is excellent, supporting rental demand. The neighbourhood suits constrained young families and rental tenants, supporting easy re-letting once refurbished.
Material drawbacks are plain: the property needs renovation throughout, with dated finishes, peeling paint and small rooms. There is only one bathroom, and the tenure is not specified. The area is described as very deprived, which can affect long‑term capital growth and tenant profiles. The house will be sold at auction, so buyers should allow time for legal checks, survey and budget for likely remedial works and refurbishment costs.
For an investor willing to take on a practical project and manage repairs, this offers a high income yield opportunity. For an owner‑occupier, realistic budgeting for refurbishment and consideration of the local area’s challenges are essential before bidding.
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