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See how verdicts work2-bedroom flat · ML11 9EE
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market is this well presented two bedroom upper flat situated in a popular location within the market town of Lanark, close to the town’s main amenities.
The accommodation on offer comprises; entrance hallway, spacious living room, newly fitted, modern, stylish kitchen, two double bedrooms and a bathroom with suite comprising; W.C, wash hand basin and bath with shower over.
The flat further benefits from private parking to the rear and gas central heating.
The current owner has recently upgraded the property with a new front door and new carpets in addition to the afore mentioned kitchen.
This property also benefits from modern double glazed sash and case style windows. Early viewing is highly recommended.
EPC Rating: B Location From our office at 2 High Street, Lanark: “on foot”: Continue down the High Street onto Bloomgate turning left onto Broomgate, continue to the bottom of the hill and Flat 8 Broomgate Court is situated on the right hand side clearly identifiable by a remax for sale board.
Lounge (4.28m x 3.50m) Kitchen (2.94m x 2.22m) Bedroom (3.18m x 2.92m) Bedroom (3.64m x 2.17m) Bathroom (2.66m x 1.41m)
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.
Short-let licence or registration needed
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 Flat 8 Broomgate Court, Lanark, Lanark
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