Stanmore Road, Lanark
By Residence Estate Agents
£ 149,995
Reviews
2 out of 5 stars
Residence Estate Agents says ..
An exciting development opportunity to purchase a plot on the periphery of Lanark. Planning permission has been granted to build a 4456sqft, storey & three-quarter detached villa in a tranquil setting with views to the adjacent woodland and farmland. These plans may be may be amended to...
Property Oracle says ..
This listing presents an opportunity to build a significant property on a sizable plot of land in Lanark, South Lanarkshire. The land is located on Stanmore Road, offering a tranquil setting on the periphery of the town with views to adjacent woodland and farmland. Planning permission has already been granted for a substantial detached villa (4456 sqft), minimizing potential development hurdles and expediting the build process. The proximity to Lanark provides access to the town’s amenities, while nearby rail links (Lanark and Carstairs) offer transport connections. However, the absence of nearby schools noted in the provided data may limit the property’s appeal to families. Potential buyers should carefully consider the total cost involved in the construction project, comparing it with the eventual market value to ensure financial viability. The land itself appears suitable for building, but thorough ground condition checks are highly recommended before committing to purchase. This is a significant undertaking, but successful completion would yield a substantial property in a potentially desirable location.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 1
- Location
- 6
- Land
- 7
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 1,854.08
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 166,167.00 £Decreased by 44.67 %
- Est sale value
- 378,232.32 £Increased by 37.84 %
- Average area rental value
- 650.00 £/moDecreased by 23.08 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.69 %Increased by 38.76 %
- Crime Rate
- 0.00 %
Agent Activity
Residence Estate Agents created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Stanmore Gardens | £ 354,167 | 0 | 0.00 KM |
| A743 | £ 165,833 | 0 | 0.00 KM |
| Stanmore Crescent | £ 77,699 | 0 | 0.00 KM |
| Braidfute | £ 83,000 | 0 | 0.00 KM |
| Westcott Place | £ 244,995 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lanark | 9710 | LNK | 2.35 KM |
| Carstairs | 9704 | CRS | 9.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Stanmore Road, Lanark | £ 149,995 | BUY | 5 / 10 | 0.00 KM |
| Stanmore Road, Lanark, ML11 | £ 99,000 | BUY | 5 / 10 | 0.05 KM |
| Stanmore Road, Lanark, ML11 | £ 99,000 | BUY | 5 / 10 | 0.05 KM |
| Stanmore Road, Lanark, ML11 | £ 99,000 | BUY | 5 / 10 | 0.05 KM |
| Stanmore Road, Lanark, ML11 | £ 99,000 | BUY | 5 / 10 | 0.05 KM |