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Are you considering a move to Coatbridge? This vibrant town in North Lanarkshire offers a unique blend of industrial heritage and modern amenities. Here are the top 10 reasons why Coatbridge could be your ideal new home:
Located just 14 kilometres east of Scotland’s largest city, Coatbridge provides an ideal balance of suburban living with easy access to urban opportunities. This close proximity allows for an easy commute to Glasgow, giving you access to its extensive job market, cultural attractions, and amenities while enjoying a more relaxed pace of life in Coatbridge.
Complementing its proximity to Glasgow, Coatbridge boasts superb connectivity. The town is strategically positioned adjacent to the M8 and M73 motorways, with the M74 also a short drive away, providing easy access to major cities like Edinburgh, Stirling, and Glasgow.
Coatbridge’s extensive rail network, which once earned it the nickname “Crewe of the North,” includes six railway stations serving four different lines: the Motherwell-Cumbernauld Line, Argyle Line, Whifflet Line, and North Clyde Line. These stations – Blairhill, Coatbridge Central, Coatbridge Sunnyside, Coatdyke, Kirkwood, and Whifflet – offer frequent services to Glasgow. This comprehensive transportation infrastructure makes Coatbridge exceptionally well-connected, offering residents multiple options for commuting and travel throughout Scotland.
Coatbridge offers more affordable housing options compared to Glasgow. The town presents a diverse range of properties, from traditional flats to modern developments, catering to various budgets and preferences. This affordability makes Coatbridge an attractive option for first-time buyers and families looking for more space.
Coatbridge boasts a distinct cultural heritage that sets it apart from other towns. Once known as the “industrial heartland of Scotland,” Coatbridge has successfully transformed its industrial past into a unique selling point. The Summerlee Museum of Scottish Industrial Life offers an immersive experience of the town’s history, complete with a working tramway and reconstructed mine.
Despite its industrial history, Coatbridge offers abundant green spaces. Drumpellier Country Park features two natural lochs, extensive woodlands, and a butterfly house. The Monkland Canal provides scenic walking and cycling routes, offering residents ample opportunities for outdoor activities.
While Coatbridge has transitioned from its traditional industries, it now hosts specialized manufacturing and service sectors. The town’s evolving economy, coupled with easy access to Glasgow’s job market, presents diverse employment opportunities for residents.
Coatbridge is known for its welcoming atmosphere and strong community bonds. The town hosts various events throughout the year, including the famous 10-day St Patrick’s Day Festival, which attracts up to 15,000 visitors annually.
Families will find a range of educational options in Coatbridge, from local schools to adult education programs. New College Lanarkshire’s Coatbridge Campus stands out as a cornerstone of further education in the area. Formerly known as Coatbridge College, it holds the distinction of being Scotland’s oldest further education college, founded in 1865.
For younger learners, Coatbridge offers quality early years education from nurseries, preschools, primary and secondary schools. The proximity to Glasgow also provides easy access to world-class universities and colleges, making it an excellent choice for families with children of all ages.
Coatbridge, like many modern towns, has evolved to offer a blend of shopping, leisure, and entertainment options, both on its high street and in nearby shopping centers. You can find various leisure facilities, including the Time Capsule leisure center with its water park and ice rink. For more extensive entertainment options, Glasgow’s theaters, museums, and nightlife are just a short train ride away.
Coatbridge has seen significant improvements in recent years, with ongoing regeneration efforts aimed at enhancing the town’s infrastructure and amenities. These developments promise an even brighter future for the community.
Coatbridge presents an attractive property market with a blend of affordability and steady growth. According to Rightmove, the overall average price of properties in Coatbridge over the last year was £157,401. This figure represents stability in the market, with prices similar to the previous year and a reasonable 8% increase from the 2021 peak of £145,360. This trend suggests a resilient market that has maintained its gains despite broader economic challenges.
Breaking down the market by property types, Zoopla’s data shows that detached properties sold for an average of £280,884 and semi-detached £178,102. Terraced properties had an average sale price of £127,468, while flats in Coatbridge sold for an average of £90,595.
When compared to nearby Glasgow, Coatbridge offers significantly more affordable housing options. According to Rightmove, the overall average price in Glasgow over the last year was £210,248, which is approximately 34% higher than Coatbridge’s average.
According to Zoopla’s data for Glasgow, detached properties sold for an average of £375,740, semi-detached £273,568, terraced properties for £209,860, and flats for £162,254 – all substantially higher than their Coatbridge counterparts.
This price difference, coupled with Coatbridge’s proximity to Glasgow, makes it an attractive prospect for commuters and first-time buyers looking for more affordable options within reach of the city. The steady price growth in Coatbridge since 2021 also indicates potential for further appreciation, making it an interesting option for property investors as well.
Coatbridge’s rental market offers a balance of affordability and accessibility, making it an attractive option for both tenants and landlords. The town’s lower property prices compared to Glasgow translate into more competitive rental rates, providing tenants with better value for money.
The rental market in Coatbridge caters to a diverse tenant base. Young professionals commuting to Glasgow, students attending nearby educational institutions, and local families all contribute to a steady demand for rental properties. One-bedroom and two-bedroom flats are particularly sought after, especially among young professionals and students.
Coatbridge’s excellent transport links to Glasgow, enhance its appeal to renters who work in the city. This commuter-friendly location ensures a consistent demand for rental properties throughout the year.
The town offers a range of property types for rent, from modern apartments to traditional terraced houses. This variety allows landlords to cater to different market segments and tenant preferences. Family-sized homes in Coatbridge are particularly attractive to renters looking for more space than they might afford in Glasgow.
For landlords and investors, Coatbridge presents opportunities for potentially higher rental yields compared to Glasgow, due to the lower initial property investment required. The town’s property market has shown resilience, with steady demand for both sales and rentals.
Coatbridge offers a compelling package for those looking to relocate. Its combination of more affordable housing, cultural, outdoor and leisure attractions, strong community spirit, and excellent transport links to Glasgow make it an attractive option for families, professionals, and retirees alike. As the town continues to evolve and improve, while maintaining its close ties to Glasgow, it presents an exciting opportunity for those looking to make a new home in Scotland.
