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See how verdicts work2-bedroom flat · ML8 5BT
Listing removedListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two bedroom upper flat which has been comprehensively renovated and finished to an exceptionally high standard throughout.
An ideal home for first time buyers, this property offers the rare opportunity to purchase a fully renovated home where no work is required. Simply move in and enjoy.
Internally, the accommodation consists of a stylish open plan lounge and kitchen, two well proportioned bedrooms and a contemporary fully tiled shower room, all finished to an exceptional standard.
A useful utility cupboard provides space for housing the washing machine, while the property further benefits from double glazing and gas central heating.
The quality of the renovation is evident throughout, with high specification fixtures, fittings and finishes creating a truly impressive walk in condition home.
The standard of renovation, specification and presentation sets this property apart, with early viewing highly recommended.
EPC Rating: C Living Room/Kitchen (4.74m x 3.69m) Hall (5.97m x 1.01m) Bedroom One (3.59m x 2.59m) Bedroom Two (2.44m x 2.74m) Shower Room (3.27m x 1.40m) Utility Cupboard (0.77m x 1.39m)
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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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.
Area
Agent & docs
FAQ
About 24 Melville Place, Carluke
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