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Lanark Road, Lanark, Lanarkshire, ML11 - Image 1
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Lanark Road, Lanark, Lanarkshire, ML11 - Image 3
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Lanark Road, Lanark, Lanarkshire, ML11 - Image 11

Lanark Road, Lanark, Lanarkshire, ML11

Scotland

£250,000
Listed on 16/10/2025

Property Details

Bedrooms
7
Type
Detached house

Description

This property presents a noteworthy opportunity for renovation or redevelopment, featuring a spacious structure that includes seven bedrooms. The existing building has been assessed with a structural report, ensuring you have clarity on the foundation for your renovations. Alternatively, the substantial half-acre of land surrounding the property offers potential for new development (subject to obtaining the necessary planning permissions). Nestled in the village of Auchenheath, this location is conveniently situated just off the M74, providing easy access to nearby towns and cities. The area is enhanced by the scenic River Nethan, adding to its appeal. Lanark, recognized as a Royal Burgh since the 12th century, is only 5.4 miles away, while Blackwood is a mere 2 miles from your doorstep. This property's prime location and extensive grounds make it a promising prospect for investors looking to capitalize on renovation projects or new constructions in a desirable setting.

Investment Analysis

(ML11 area)
Area Average
£161/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
68%
Properties sold annually

Local Market Trend (ML11)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 8.9%
5 year growth: 20.9%
Investment Disclaimer: Analysis based on ML11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lanark Road, Lanark, Lanarkshire, ML11
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE