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Elsrickle, Biggar ML12

Scotland

£400,000
Listed on 18/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This expansive 2.3-acre site presents an attractive opportunity for residential development, complete with Planning Permission in Principle approved for up to nine detached homes, valid until February 2026. Currently, a revised planning application aims to simplify the development process by proposing five larger building plots, accessed via a shared private road—eliminating the need for costly infrastructure associated with adoptable roads. Additionally, an adjoining field of approximately 8.05 acres enhances the offering, appealing to lifestyle buyers and developers interested in self-build projects or those desiring land with amenity or paddock potential. Nestled within the tranquil village of Elsrickle in South Lanarkshire, the property benefits from good transport links to nearby towns such as Biggar and Lanark, and is well-positioned for commuting to Glasgow and Edinburgh. With direct roadside access and proximity to local amenities like Blackmount Primary School, this site combines rural charm with practical convenience. Investors looking at this unique plot will find excellent potential for family homes or smallholdings within a picturesque setting that supports straightforward development prospects.

Investment Analysis

(ML12 area)
Area Average
£204/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (ML12)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +9.9%
5 year growth: +15.8%
Investment Disclaimer: Analysis based on ML12 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

Elsrickle, Biggar ML12
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 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.

Price History

+14.3% since listed
£400,000+£50,000(+14.3%)
09/02/2026
Current price
£350,000Initial listing
16/12/2025

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