44, Flat C, Market Place, Carluke, ML84BP
Scotland
£21,000Guide Price
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
1Type
Ground FlatDescription
Offered at auction, this vacant ground-floor one-bedroom flat in central Carluke is described as requiring full renovation. The listing reports missing floorboards in several areas and significant internal disrepair, with the entrance door and windows boarded up. It is presented as a refurbishment project for an investor considering resale or rental use after works. The agent estimates potential rent at around £550 per month once renovated; this figure has not been independently verified.
The property is close to town-centre shops and services, with Carluke railway station described as a short walk away and bus and road connections serving the wider area. The timed online auction is scheduled for 29 October 2026. Buyers should review the auction information and establish the condition and scope of work before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
33out of 100
Grade ELow opportunity
Confidence: LOW
At £21,000, this ground-floor flat is a substantial restoration project rather than a light refresh: the listing reports significant internal disrepair and missing floorboards in multiple areas, while the exterior shows worn, discoloured render. The interior scope needs inspection, but the town-centre position beside a public green, with the station and everyday amenities within reach, gives a buyer a useful base for a tailored rental or resale project. The listing suggests rental potential of around £550 per month, but the overall WHOTS score is low at 33/100 (E), with limited economics and below-average fundamentals weighing on the opportunity.
Floor area is missing, so value versus local £/sqf cannot yet be judged. This is a timed online auction, and bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- The reported internal disrepair and missing floorboards give a buyer scope to rework the flat as a coherent rental or resale project, subject to inspection.
- The traditional stone frontage and town-centre position beside a public green offer character and a convenient setting to build on.
- The listing points to access to the station, shops and other amenities, supporting its proposed rental-market appeal.
Key risks
- Significant internal disrepair and missing floorboards across multiple areas make this a full-restoration programme, not a cosmetic refresh; the interior scope and budget need establishing on inspection.
- The boarded door and windows and worn, discoloured external render need inspection to determine the repairs required.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£79
Based on a loan of £15,750 over 30 years at 4.45% interest
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