Stanmore Road, Lanark
RE

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 %
from 300,338.00 £
Est sale value
378,232.32 £
Increased by 37.84 %
from 274,403.84 £
Average area rental value
650.00 £/mo
Decreased by 23.08 %
from 845.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.69 %
Increased by 38.76 %
from 3.38 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Residence Estate Agents created the listing.

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Stanmore Gardens £ 354,16700.00 KM
A743 £ 165,83300.00 KM
Stanmore Crescent £ 77,69900.00 KM
Braidfute £ 83,00000.00 KM
Westcott Place £ 244,99500.00 KM

Nearby Transport

NameNLCTLCDistance
Lanark9710LNK2.35 KM
Carstairs9704CRS9.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stanmore Road, Lanark £ 149,995BUY5 / 100.00 KM
Stanmore Road, Lanark, ML11 £ 99,000BUY5 / 100.05 KM
Stanmore Road, Lanark, ML11 £ 99,000BUY5 / 100.05 KM
Stanmore Road, Lanark, ML11 £ 99,000BUY5 / 100.05 KM
Stanmore Road, Lanark, ML11 £ 99,000BUY5 / 100.05 KM