Stanmore Road, Lanark, ML11
RE

Stanmore Road, Lanark, ML11

By Remax Clydesdale & Tweeddale

£ 99,000

Reviews

2 out of 5 stars

Remax Clydesdale & Tweeddale says ..

Situated on the edge of the historic market town of Lanark, these four plots are being marketed with detailed planning permission passed for four stun...

Property Oracle says ..

This listing presents a development opportunity on a plot of land in Lanark, South Lanarkshire. The site is situated near Lanark railway station, providing convenient access to public transport. The lack of nearby schools and detailed information on local amenities necessitates further investigation. The provided architectural plans indicate the construction of a substantial dwelling with a garage, suggesting a potentially spacious and modern home. The plot itself appears sizable, and there is space to design a good sized garden into the plans. The list price of £99,000 is consistent with the pricing of other plots of land in the area, indicating a reasonable asking price, although without knowing the total built square footage upon completion it is hard to determine if the end price will be good value for money. Further research into build costs, local comparable sold properties, and more detailed planning information, would be beneficial to gauge the potential return on investment.

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
6
Condition
1
Location
7
Land
8
Bedrooms
1
Bathrooms
1

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 £
Average area rental value
650.00 £/mo
Decreased by 23.08 %
from 845.00 £/mo
Est rental Yield
4.69 %
Increased by 38.76 %
from 3.38 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Remax Clydesdale & Tweeddale created the listing.

Images

Artist Impression Elevations Floorplans Site Plan Site Sections

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Lanark9710LNK2.36 KM
Carstairs9704CRS9.54 KM

Nearby Listings

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