Average asking price
£195k
UK avg £340k
Postcode district in Coatbridge, part of the ML postcode area
General / family area · 13.3km from The University of Strathclyde
ML5 has a gross rental yield of 4.8%, 7% above the UK average, ranking #5 of 7 ML postcode districts by yield.
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.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| 1 | £70k | — | — | 3 / 0 |
| 2 | £145k | £780 | 6.5% | 6 / 8 |
| 3 | £190k | £900 | — | 8 / 3 |
| 4 | £310k | — | — | 7 / 0 |
| 5+ | £565k | — | — | 3 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| ML12 | £300k | £1,995 | 8.0% | Compare |
| ML2 | £135k | £895 | 8.0% | Compare |
| ML3 | £170k | £895 | 6.3% | Compare |
| ML6 | £190k | £812 | 5.1% | Compare |
| ML11 | £240k | £925 | 4.6% | Compare |
| ML1 | £200k | £750 | 4.5% | Compare |