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Nethanvale Terrace, Lesmahagow, ML11

Scotland

£47,000
Listed on 10/04/2026

Property Details

Bedrooms
1
Type
Flat
Area
624 sqft

Description

This one-bedroom first-floor cottage flat presents a prime opportunity for renovation within a well-maintained block of four residences. The unit, currently unmodernised, boasts bright and spacious interiors that could be transformed into a stylish living space, making it an appealing prospect for first-time buyers or investors looking for buy-to-let potential. The layout includes a welcoming entrance hallway with storage solutions, a generous lounge that offers ample room for dining and features a gas fireplace as a charming focal point. Electric storage heating is present throughout, although upgrading to more efficient systems may be beneficial. The kitchen is equipped with basic floor and wall-mounted units, alongside freestanding appliances such as an electric oven and hob, fridge freezer, and washing machine. The double bedroom is comfortably sized and includes built-in wardrobes, while the bathroom consists of a three-piece suite with chrome fittings and an electric shower over the bath. Outside, residents can enjoy well-maintained communal garden areas along with convenient on-street parking options. Additionally, this flat comes with exclusive ownership of the lower section of the garden which houses a shed—ideal for storage or potential landscaping projects. Situated in Nethan Vale Terrace, the property benefits from its proximity to Lesmahagow village centre with its variety of local amenities including shops, cafés, pubs, schools, and essential services. Regular bus services provide straightforward access to surrounding towns and connections to Hamilton and Glasgow. Outdoor enthusiasts will appreciate the scenic walks in Clyde Valley as well as nearby attractions like Craignethan Castle.

Investment Analysis

(ML11 area)

Below Market Value

This property is priced -55.5% below area average per sq ft

-55.5%
Potential saving
This Property
£75/sq ft
Area Average
£169/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£116,139
10% above area average per sq ft
Potential ROI
+61.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
73%
Properties sold annually

Local Market Trend (ML11)

Area prices are rising by +6.6% over the last 12 months
3 year growth: +12.7%
5 year growth: +28.6%
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

Nethanvale Terrace, Lesmahagow, ML11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£168
Based on a loan of £35,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-17.5% since listed
£47,000£10,000(-17.5%)
02/05/2026
Current price
£57,000Initial listing
10/04/2026

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