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Greenbank Terrace, Carluke

Scotland

£55,000

Listed on 05/10/2026

The listing

Property details

Bedrooms
2
Type
Flat
Area
667 sqft

Description

This two-bedroom upper flat presents a promising opportunity for those looking to create a home tailored to their own style. Located within an ex-local authority four-in-a-block property, the flat offers well-proportioned living spaces, including a front-facing living room that connects to the rear kitchen. The property features gas central heating and double glazing, ensuring comfort throughout. The entrance is accessed via a UPVC glazed door leading to a carpeted stairway, which is illuminated by a side-facing double-glazed window. The hallway provides access to all principal rooms, although the consumer unit would benefit from an upgrade. The kitchen is equipped with base and wall-mounted units, a stainless steel sink, and tiled splashbacks, but it would benefit from modernisation. Both bedrooms are carpeted and feature papered walls, with built-in storage in the larger bedroom. The bathroom includes essential fixtures but also requires updating to meet contemporary standards. Outside, the side and rear gardens offer potential for landscaping and personalisation. Situated in Carluke, the property is close to various local amenities, including supermarkets and healthcare facilities. Excellent transport links to Glasgow and Edinburgh further enhance its appeal for commuters. This flat is ideal for buyers seeking a project with significant potential for personalisation.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

66out of 100
Grade CPotential opportunity

Confidence: MEDIUM

This two-bedroom upper flat presents a remarkable opportunity for buyers looking to create a home tailored to their own taste. With an asking price of £55,000, this property is notably cheap compared to the local average of £190/sqf, making it an enticing prospect for those keen on adding value through renovation. The layout offers well-proportioned rooms, including a spacious living area and a rear-facing kitchen, both of which are in need of modernisation to unlock their full potential.

While the overall condition is dated, the existing features like gas central heating and double glazing provide a solid foundation for improvement. The medium-scale project scope allows for a range of enhancements, from updating interiors to personalising the garden space. With a bit of creativity and investment, this flat could transform into a charming home in a good location, appealing to both first-time buyers and investors alike.

Key opportunities

  • Significant potential for personalisation and modernisation throughout the property.
  • Well-proportioned rooms provide a canvas for creative renovations.
  • Outdoor space offers opportunity for seasonal landscaping and garden improvements.

Key risks

  • Potential damp issues could arise during renovation, requiring attention.

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Map

Location

Greenbank Terrace, Carluke
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£208
Based on a loan of £41,250 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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