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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 27/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This plot offers an intriguing opportunity for developers interested in creating six luxury detached residences, each featuring four bedrooms. Located in the sought-after Clyde Valley area, the site boasts beautiful countryside vistas and benefits from outline planning permission. Investors can leverage the demand for upscale family homes in this picturesque region, with ample garden space enhancing the appeal of the future properties. Proximity to excellent transport links, including the M74 Motorway, further augments its attractiveness to potential buyers. This development site is ideal for builders or developers seeking their next project, with support available from the current agent regarding feasibility studies and marketing analysis.

Investment Analysis

(ML8 area)
Area Average
£184/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£300,000 - £450,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
83%
Properties sold annually

Local Market Trend (ML8)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +10.6%
5 year growth: +23.0%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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.

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