2-bedroom flat · ML11 9EE
Sold STCReduced £10k (−10%) on 15 SepListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented and spacious two-bedroom upper flat, ideally suited to first-time buyers, downsizers, or investors.
Conveniently positioned on Lanark's popular High Street and within easy walking distance of Lanark railway station, the property offers excellent access to local amenities, shops, cafés, and transport links, making it an ideal choice for commuters.
The accommodation comprises of a welcoming entrance hallway leading to a bright and generously proportioned lounge, flooded with natural light from multiple windows and enjoying a picturesque outlook over the town centre.
The adjoining kitchen is fitted with a range of base and wall-mounted units, providing ample storage and workspace for everyday living.
There are two well-proportioned double bedrooms, both offering comfortable accommodation and flexibility for a variety of buyers.
The family bathroom is fitted with a three-piece suite incorporating a bath with shower over. Further benefits include gas central heating and double glazing throughout.
Offering well-balanced accommodation in a highly convenient location, this attractive flat presents an excellent opportunity to acquire a low-maintenance home close to all that Lanark has to offer.
Early viewing is highly recommended to fully appreciate the space, location, and potential on offer.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About 5C, Broomgate, Lanark
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