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Land At Hallhill Farm, Lanark ML8 - Image 1
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Land At Hallhill Farm, Lanark ML8

Scotland

£350,000
Listed on 11/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for investors and developers, featuring approved plans for the construction of six detached homes in the scenic Clyde Valley. Nestled in a desirable area, this land offers picturesque views of the surrounding countryside, providing an attractive backdrop for potential buyers. The site benefits from outline planning permission for six luxury four-bedroom family residences, making it suitable for those interested in tapping into the growing demand for quality housing in this sought-after location. With ample space for sizeable gardens, future homeowners will appreciate the balance of indoor and outdoor living. Situated close to the M74 motorway, accessibility to nearby urban centers is a significant advantage, enhancing the property's appeal to families and professionals alike. The Clyde Valley's natural beauty further contributes to its attractiveness, positioning these homes as a desirable option within the local real estate market. This project is ideal for builders and developers looking to capitalize on a promising venture. The current owner can provide development feasibility studies, marketing insights, and project support to assist throughout the construction process. Interested parties are encouraged to reach out with inquiries or schedule a viewing through the agent.

Investment Analysis

(ML8 area)
Area Average
£184/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,800,000 - £2,400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
110%
Properties sold annually

Local Market Trend (ML8)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 14.9%
5 year growth: 24.8%
Investment Disclaimer: Analysis based on ML8 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

Land At Hallhill Farm, Lanark ML8
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE