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Stanmore Road, Lanark ML11

Scotland

£130,000

Listed on 16/06/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This expansive 0.49-acre building plot located on the outskirts of Lanark presents an exceptional opportunity for developers or investors. Offering a stunning vista of the Mouse Valley, this site combines the tranquil ambiance of rural living with convenient access to Lanark's town centre, ensuring all local amenities are just a short drive away. Notably, this former double residential plot is devoid of immediate neighbours, enhancing its appeal for those seeking privacy in a natural setting. With planning permission already secured for a substantial 4,456 sqft detached villa that includes three quarters of a storey and generous outdoor spaces, potential buyers can explore customizable layout options that cater to their specific needs. The expansive grounds not only allow for private gardens but also feature plans for a double detached garage with adaptable accommodation above. Given that the property was previously marketed as two separate plots, there's further potential for development or modification which could enhance investment returns. The site is well-connected by public transport and major roadways, making it an attractive locale for families with schools and recreational facilities nearby, including golf courses and parks. This area promises both growth and lifestyle benefits, ideal for anyone looking to invest in Scottish real estate.

Investment Analysis

(ML11 area)
Area Average
£165/sq ft

Renovation Potential

Medium 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
39
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (ML11)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +6.0%
5 year growth: +25.6%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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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