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See how verdicts work2-bedroom flat · ML11 8QY
For saleReduced £5k (−6.7%) on 15 OctListed 609 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are excited to bring to market this tenanted 2 bed flat located within a sought-after location in Carstairs *** rare auction property *** ***Carstairs Road, Carstairs, Lanark sold for £95,000, Main Street, Carnwath, Lanark, ML11 sold for £99,500 *** Currently vacant, the prorty could acheive £495 pcm/ £5940 pa providing an exceptional annual gross yield at 8.48%, an excellent investment opportunity for a shrewd investor.
Part of portfolio sale- 66 Glen Avenue, ML9 1LA / 150 Glen Avenue, ML9 1LA/ 58B Strawfrank Road, ML11 8rd, / 58 Strawfrank Road, ML11 8rd / 7 Coronation Street, ML11 8QY Property is professionally managed and is fully compliant, sure to appeal to an investor looking for Turnkey Investment Property We are excited to bring to market this tenanted 2 bed flat located within a sought-after location in Carstairs *** rare auction property *** *** rare auction property *** Sales Evidence: ***Carstairs Road, Carstairs, Lanark sold for £95,000, Main Street, Carnwath, Lanark, ML11 sold for £99,500 *** *** High Yielding Investment *** Currently tenanted at £495 pcm/ £5940 pa providing an exceptional annual gross yield at 8.48%, an excellent investment opportunity for a shrewd investor.
Part of portfolio sale- 66 Glen Avenue, ML9 1LA 150 Glen Avenue, ML9 1LA 58B Strawfrank Road, ML11 8rd 58 Strawfrank Road, ML11 8rd 7 Coronation Street, ML11 8QY Property is professionally managed and is fully compliant, sure to appeal to an investor looking for Turnkey Investment Property The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer now, you can do so via our “Offer now” button on our website.
This lot is open to immediate offers and offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction.
To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location: Carstairs, a charming village in South Lanarkshire, is known for its peaceful rural setting, rich history, and excellent transport links.
Just a short drive from the market town of Lanark, Carstairs offers a close-knit community with local amenities, including shops, a primary school, and scenic walking trails.
The village is historically significant as home to Carstairs Junction, a major railway hub connecting Glasgow, Edinburgh, and the rest of Scotland, making it an attractive location for commuters seeking a quieter lifestyle.
Surrounded by rolling countryside and with easy access to the stunning Clyde Valley, Carstairs is ideal for those who appreciate both tranquility and connectivity.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 9, Coronation Street, Carstairs
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