1-bedroom flat · ML11 7JS
Listing removedListed 58 days · slow let
Opportunity summary
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About
Ll Reg 1396985/380/06042 EPC Rating D Council Tax Band B LARN1812029 Well presented fully furnished flat in town centre location.
Your Move First Lanark is delighted to bring to the rental market this lovely, well presented, fully furnished upper floor one bedroom flat in the town centre of Lanark.
The property comprises of a fully fitted kitchen with all appliances, spacious lounge with dining area, bright double bedroom and modern fitted bathroom with shower over bath.
The property benefits from town centre location, directly across from Lanark train and bus station. The flat also benefits from private parking to the rear of the building. Early viewing advised!
The property sits in the heart of the town of Lanark, The Royal Burgh is steeped in history and has all the required facilities and amenities, including Tesco, Morrisons and Lidl, a wide range of local shops, retail park, health centre, modern grammar school, modern primary schools, historic 18 hole golf course and Lanark Loch, good access to the Scottish Borders and the Clyde valley, providing excellent walks for the outdoor enthusiast including Tinto Hill and the Falls of Clyde at New Lanark, a world heritage site.
Lanark is much favoured particularly for those requiring good transport links, local train station within easy walking distance and easy access to Glasgow and Edinburgh, with the Edinburgh City Bypass only a thirty minute drive away, giving good access to East Central Scotland.
The M74 is only a fifteen minute journey giving good access to Glasgow and the West of Scotland. In all, this property is ideally situated for the commuter to either Edinburgh or Glasgow.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. WIS240080/8
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 56/8,, Bannatyne Street, South Lanarkshire
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