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Carnwath Road, Carluke, ML8

Scotland

£265,000
Listed on 16/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1495 sqft

Description

This four-bedroom bungalow presents a unique opportunity for renovation and investment in the desirable area of Carluke. Situated on a substantial plot of around a third of an acre, the property is thoughtfully positioned to provide both privacy and ample outdoor space, featuring well-kept lawns and mature gardens. Upon entering, you'll find a welcoming hallway that leads into several key living spaces. The lounge is bright and airy, benefitting from natural light through a large window and equipped with an inviting fireplace flanked by built-in alcoves. Adjacent to the lounge is a spacious dining room, also featuring a fireplace, which seamlessly connects to the kitchen. The kitchen is fitted with various base and wall units, offering plenty of work surfaces along with space for freestanding appliances. The accommodation includes four generously sized double bedrooms, each with built-in storage solutions. A four-piece family bathroom serves the home efficiently. Notably, the expansive loft area offers considerable potential for conversion into additional living space, subject to obtaining the necessary permissions. Outdoor features include paved patios ideal for entertaining or relaxing, alongside a driveway that provides plenty of off-street parking leading to an attached garage. The property benefits from double glazing and gas central heating throughout. With its central location in Carluke and significant scope for refurbishment or reconfiguration, this bungalow stands out as an excellent investment opportunity for those looking to create a tailored family residence.

Investment Analysis

(ML8 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£177/sq ft
Area Average
£182/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£299,792
10% above area average per sq ft
Potential ROI
-7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
96%
Properties sold annually

Local Market Trend (ML8)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 17.4%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on ML8 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.

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Location

Carnwath Road, Carluke, ML8
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