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Craigenhill Road, Kilncadzow, ML8 - Image 1
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Craigenhill Road, Kilncadzow, ML8

Scotland

£160,000
Listed on 16/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity to acquire a substantial building plot situated in the tranquil rural community of Kilncadzow, just a short distance from the historic market town of Lanark. Spanning approximately 1300 square metres (0.321 acres), the site is currently granted outline planning permission for the construction of a single residential dwelling, making it an ideal proposition for those looking to customize their future home. The plot is integrated within an existing development, offering semi-rural charm combined with convenient connectivity. The location boasts picturesque open views while being accessible to both Lanark and Carluke, which provide a varied selection of amenities, educational facilities, and transport options, including direct rail links to major cities like Glasgow and Edinburgh. Investors and prospective homeowners will find this to be an excellent chance to develop an energy-efficient residence tailored to modern living standards in one of South Lanarkshire’s most scenic areas. For further details regarding the planning permissions and specific guidelines, interested parties can consult the South Lanarkshire Council Planning Portal using reference number CL/14/0439.

Investment Analysis

(ML8 area)
Area Average
£184/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
110%
Properties sold annually

Local Market Trend (ML8)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 14.9%
5 year growth: 24.8%
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.

Location

Craigenhill Road, Kilncadzow, ML8
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£586
Based on a loan of £120,000 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