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39 Wellgatehead, Lanark, South Lanarkshire - Image 1
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39 Wellgatehead, Lanark, South Lanarkshire

Scotland

£50,000Guide Price

Listed on 06/08/2026

Property details

Bedrooms
2
Type
Bungalow
Area
721 sqft

Features

  • Garden

Description

This traditional two to three-bedroom terraced cottage presents an appealing renovation project, situated in a central location in Lanark. Spanning approximately 73m2, the property offers flexible accommodation over two levels and is ripe for full modernization. With its current state, it provides an excellent opportunity for investors or developers looking to add value and create a desirable home. The ground floor features a lounge connected by a staircase to the upper level, which includes an adjoining dual-aspect dining room that boasts a feature fireplace—this space could easily be repurposed as an additional bedroom or home office. A fitted kitchen and shower room are accessed from the rear hallway, alongside two storage cupboards and a door leading out to the garden. The upper level hosts two spacious double bedrooms within the roof space, both of which have potential for enhancement. Externally, the property faces Wellgatehead and includes a rear garden that currently requires clearance; it was previously equipped with lawn and patio areas but has become overgrown. This outdoor space holds promise for landscaping improvements after restoration. Ideal for those eyeing the rental market, this cottage lies within South Lanarkshire's Broad Rental Market Area, with local housing allowance rates suggesting robust rental potential once renovations are complete. The property’s location ensures easy access to local amenities, schools, and public transport links across Scotland's central belt, all while being set in a designated Conservation Area.

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Location

39 Wellgatehead, Lanark, South Lanarkshire
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Mortgage calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,500 over 30 years at 4.45% 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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