The Old Estate Yard, Carnwath, Lanark, ML11
DA

The Old Estate Yard, Carnwath, Lanark, ML11

By Davidson & Robertson Limited

£ 175,000

Reviews

3 out of 5 stars

Davidson & Robertson Limited says ..

A unique opportunity to acquire a site comprising of approximately 1.9 acres (0.76 hectares) in the accessible commuter town of Carnwath.

Property Oracle says ..

This property presents a unique opportunity in Carnwath, South Lanarkshire. The listing encompasses a significant plot of approximately 1.9 acres, including a sizeable building in need of substantial renovation. The location offers the advantage of Carstairs railway station within 4km, which provides convenient access to a wider network. However, the property’s immediate surroundings are somewhat isolated; the details provide no nearby schools and the nearest shops would require travelling from the location. The existing buildings are shown in a state of disrepair, mandating a comprehensive refurbishment. The absence of detailed property specifications (square footage, number of bedrooms and bathrooms) makes a precise valuation challenging, but the expansive plot size is a notable asset. Potential buyers should meticulously assess the renovation costs against the purchase price. While the price may seem competitive given the land size, any investment would require considerable capital for extensive repairs and potential modernisation. Overall, this property suits buyers seeking a substantial project with significant land in a relatively peaceful countryside location with access to transport links, but it’s crucial to carefully consider the associated costs before making a decision.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
8
Bedrooms
0
Bathrooms
0

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
212,000.00 £
Decreased by 23.11 %
from 275,716.00 £
Average area rental value
900.00 £/mo
Decreased by 6.15 %
from 959.00 £/mo
Est rental Yield
5.09 %
Increased by 22.06 %
from 4.17 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Davidson & Robertson Limited created the listing.

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Cooper Court £ 000.00 KM
Allison Drive £ 147,50000.00 KM
School Lane £ 140,00000.00 KM
Lockhart Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Carstairs9704CRS4.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Old Estate Yard, Carnwath, Lanark, ML11 £ 175,000BUY6 / 100.00 KM
Cooper Court, Carnwath, Lanark, South Lanarkshire, ML11 £ 124,500BUY7 / 100.40 KM
Cooper Court, Carnwath, Lanark £ 99,000BUY6 / 100.41 KM
Cooper Court, Carnwath, ML11 £ 110,000BUYUnknown0.42 KM
Main Street, Carnwath, Lanark £ 199,995BUY7 / 100.46 KM