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39 Wellgatehead, Lanark ML11

Scotland

£65,000

Listed on 22/06/2026

Property details

Bedrooms
3
Type
Cottage

Description

This spacious three-bedroom terraced cottage spans two levels and represents a compelling renovation project for those looking to craft a personalized family home. The property requires comprehensive modernisation and presents a unique opportunity to design interiors that reflect your personal style. The entrance hallway leads into a light-filled living room, which connects to a versatile dining room that can also serve as a third bedroom. Both areas offer potential for reconfiguration and aesthetic updates. The rear hallway provides access to the kitchen, shower room, and essential storage spaces, with the kitchen in particular needing substantial upgrades, including updating outdated cabinetry and improving functionality. Gas central heating is currently non-functional, presenting another area for enhancement. Upstairs, two double bedrooms provide comfortable sleeping quarters with ample renovation potential. The outdoor space features an overgrown terrace garden that was once an inviting area for relaxation; restoring this space could significantly enhance the property's appeal. With thoughtful planning and investment, this cottage can be transformed into an attractive home tailored to modern living.

Investment analysis

(ML11 area)
Area Average
£165/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (ML11)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +7.3%
5 year growth: +22.5%
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

39 Wellgatehead, Lanark ML11
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Mortgage calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£246
Based on a loan of £48,750 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

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