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Land At East Forth, Lanark Road, Forth, Lanark ML11 - Image 1
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Land At East Forth, Lanark Road, Forth, Lanark ML11 - Image 3

Land At East Forth, Lanark Road, Forth, Lanark ML11

Scotland

£150,000
Listed on 09/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This extensive farmland spans approximately 24.3 acres (9.83 hectares) south of Forth village and presents a significant opportunity for those interested in residential development. The site is strategically located within the village envelope, benefiting from zoning that allows for both residential masterplan uses and 'Green Network' features. Having secured planning permission for residential development in 2009, the property boasts a solid planning history with further potential as LDP3 approaches in 2026, enhancing its long-term value proposition. Investors should note the site is subject to a clawback agreement favoring the vendor for a duration of 25 years, which stipulates a 20% uplift in value upon any changes in use beyond its current designation. This offers an ideal canvas for developers capable of navigating local regulatory requirements while capitalizing on future growth opportunities in this appealing location.

Investment Analysis

(ML11 area)
Area Average
£169/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
71%
Properties sold annually

Local Market Trend (ML11)

Area prices are rising by +7.7% over the last 12 months
3 year growth: +12.1%
5 year growth: +29.3%
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

Land At East Forth, Lanark Road, Forth, Lanark ML11
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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
£531
Based on a loan of £112,500 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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