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Stanmore Road, Lanark ML11 - Image 1
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Stanmore Road, Lanark ML11

Scotland

£130,000
Listed on 18/03/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This substantial plot of land, measuring approximately 0.49 acres, presents a promising investment opportunity just on the outskirts of Lanark. With picturesque views overlooking the Mouse Valley and immediate access to both the town center and tranquil rural surroundings, this site is ideal for those looking to develop a bespoke residential property. Planning permission has already been secured for a spacious 4456 sqft detached villa across three-quarters of a storey, featuring generous gardens and a double detached garage with adaptable living space above. The original plans can be modified to better suit personal preferences. The plot is conveniently located near essential services, including BT's full fibre network, enhancing its appeal for future development. Historically marketed as two separate lots, it also retains the potential for further subdivision given prior outline planning permissions for dual properties. This area offers not only proximity to Lanark’s vibrant amenities but also access to excellent transport links and well-regarded schools—making it an attractive prospect for families and investors alike.

Investment Analysis

(ML11 area)
Area Average
£168/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
244%
Properties sold annually

Local Market Trend (ML11)

Area prices are rising by +5.7% over the last 12 months
3 year growth: +12.5%
5 year growth: +24.8%
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

Stanmore Road, Lanark ML11
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Mortgage Calculator

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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£469
Based on a loan of £97,500 over 30 years at 4.06% 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.

Price History

-13.3% since listed
£130,000£19,995(-13.3%)
20/05/2025
Current price
£149,995Initial listing
15/09/2024

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