ML5, Coatbridge house prices & rental yield

Postcode district in Coatbridge, part of the ML postcode area

General / family area · 13.3km from The University of Strathclyde

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Average asking price
£286k
UK avg £340k
Average rent (pcm)
£795
UK avg £1,300
Gross rental yield
3.3%
27% below UK avg
Net yield (estimated)
2.5%
assumes ~25% costs, excl. mortgage

Summary

ML5 has a gross rental yield of 3.3%, 27% below the UK average, ranking #6 of 7 ML postcode districts by yield.

Price history

Buy-to-let calculator

Stamp Duty (SDLT)
Deposit required
Mortgage payment (monthly)
Letting agent fee (monthly)
Est. net monthly cashflow

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

ML5 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
1 £90k £675 4 / 2
2 £122k £795 7.8% 6 / 9
3 £234k 8 / 0
4 £300k 11 / 0
5+ £540k 5 / 0

Nearby ML postcode districts, by yield

DistrictAvg buyAvg rentYield
ML2 £132k £775 7.0% Compare
ML1 £163k £850 6.3% Compare
ML3 £172k £825 5.7% Compare
ML11 £235k £1,095 5.6% Compare
ML6 £205k £825 4.8% Compare
ML10 £425k £1,125 3.2% Compare
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