3-bedroom terraced house · ML9 3NJ
Under offerListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Set within a peaceful and sought-after pocket of Murray Drive, Stonehouse, this spacious property offers an excellent opportunity for buyers looking to create a modern family home in a quiet residential setting.
While the property would benefit from modernisation and upgrading throughout, it provides generous accommodation, a practical layout and considerable potential to be transformed to suit individual tastes and requirements.
The ground floor opens into a welcoming hallway, leading through to a particularly spacious living room which provides an excellent main reception space.
The accommodation continues into a well-proportioned kitchen, with the layout offering scope for a future programme of refurbishment and modernisation.
A convenient WC completes the accommodation on this level.
Upstairs, the property offers three well-proportioned bedrooms, providing flexibility for families, guests, or those requiring a home office or additional living space.
The principal bedroom and further bedrooms are complemented by a modern family bathroom, while the landing provides access to the various rooms.
One of the property's standout features is its position within Murray Drive.
Tucked away in a notably quiet pocket, the home enjoys a pleasant outlook towards the rear, with excellent rural views providing a lovely sense of openness and privacy.
This attractive setting combines the convenience of village living with the feeling of being close to the surrounding countryside.
The property is ideally placed for access to local amenities, with shops and everyday facilities available within Stonehouse.
There is also a good choice of schooling nearby, making the location particularly appealing to families.
Excellent transport connections are readily accessible, including convenient links to the motorway network, providing straightforward commuting to surrounding towns and cities.
Overall, this is a spacious and versatile home offering significant potential for modernisation.
With its generous accommodation, peaceful position, attractive rural outlook and excellent access to schooling, local amenities and transport links, the property represents an exciting opportunity for buyers seeking a home they can update and make their own.
Tenure: Freehold
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 194 Murray Drive, Larkhall
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