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Covington Road, Thankerton, ML12

Scotland

£190,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
936 sqft

Description

Nestled on a generous plot at the edge of the picturesque hamlet of Covington, this two-bedroom property, Bonnett Knowe, offers an exceptional opportunity for those looking to invest in a renovation project in a serene rural setting. With expansive views of the surrounding countryside and Tinto Hill, this residence presents a blank canvas ready for transformation. The layout includes well-sized rooms that are filled with natural light, complemented by a large garden that enhances the property's potential for expansion or landscaping. This outdoor space is particularly noteworthy, with its westerly aspect allowing for ample sunlight and broad vistas, making it an inviting area to explore various landscaping possibilities or even further develop (subject to necessary permissions). Key features include a spacious dual-aspect lounge that captures both morning and afternoon light through large windows. With its traditional open fireplace, this room serves as a cozy retreat. The modern fitted kitchen is located towards the rear of the home and boasts white gloss cabinetry along with ample space for casual dining—ideal for family gatherings. Additional practical spaces include a side porch leading into a walk-in pantry and a conservatory-style area that can be used year-round to enjoy garden views. The two well-appointed double bedrooms at the front of the house offer flexibility for various layouts or uses. A functional family bathroom is also present, equipped with essential amenities. An added highlight is the floored and lined loft room, which benefits from windows at both ends and could serve multiple purposes—from storage to hobby space—adding further value. This property stands out not only due to its current features but also because of its significant development potential. With existing accommodations that allow for easy modification alongside considerable outdoor space, Bonnett Knowe is an enticing option for anyone looking to personalize their living environment or invest in a property with future expansion possibilities. In summary, Bonnett Knowe represents a unique investment opportunity in an idyllic countryside location. Its combination of charm and renovation potential makes it worthy of consideration for anyone seeking to create their ideal home in Covington.

Investment Analysis

(ML12 area)

Above Market Value

This property is priced +3.8% above area average per sq ft

+3.8%
This Property
£203/sq ft
Area Average
£196/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£201,441
10% above area average per sq ft
Potential ROI
-16.1%
After renovation
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

Covington Road, Thankerton, ML12
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