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Symington Street, ML12

Scotland

£38,000
Listed on 12/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom end-terrace house presents a significant renovation and investment opportunity in the picturesque village of Leadhills, known for its rich history and stunning natural surroundings. Set on a substantial corner plot of 0.058 acres (235.75 sqm), the property provides ample space for development, whether it involves extending the existing structure or potentially adding another dwelling—subject to obtaining the necessary planning permissions. Currently uninhabitable and without a Home Report, this property serves as a blank canvas for ambitious developers or investors seeking to create value in a desirable country location. The layout includes a ground floor with a spacious bedroom and an inviting living room featuring a fireplace that could become the centerpiece of a modern restoration. Upstairs, two additional bedrooms offer further potential for customization. Leadhills is Scotland's second-highest village, blending rural charm with accessibility to nearby towns such as Biggar and Lanark, along with convenient transport links to Glasgow and Edinburgh via the M74. The area has garnered popularity among holiday home buyers and short-term rental investors due to local attractions like the Leadhills & Wanlockhead Railway and the Museum of Lead Mining, as well as beautiful walking and cycling paths. Short-term rental properties in this region can command nightly rates between £120 and £160 depending on the season, positioning this house as an appealing candidate for Airbnb or vacation let conversion once revitalized. Recent sales in Leadhills further underscore the potential for substantial returns on investment; properties on Symington Street have sold for between £170,000 and £174,000 in recent years, highlighting strong buyer interest in renovated homes within this increasingly sought-after locale. The house will require full internal and external modernization to restore its functionality. While it is presumed that connections to mains electricity, water, and heating exist, prospective buyers are encouraged to investigate these services thoroughly prior to purchase. Given its current condition, no internal viewings are permitted at this time. A non-refundable buyer's fee of £6,000 will be required upon acceptance of an offer. This fee is separate from the property's purchase price and contributes toward agency remuneration. As per regulations under Section 21 of the Estate Agents Act 1979, there is a business connection between the vendor and the selling agency.

Investment Analysis

(ML12 area)
Area Average
£196/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (ML12)

Area prices are rising by +22.8% over the last 12 months
3 year growth: 16.5%
5 year growth: 30.1%
Investment Disclaimer: Analysis based on ML12 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

Symington Street, ML12
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