1-bedroom flat · ML8 5BT
Listing removedListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to the market this spacious one-bedroom traditional apartment, set in the ever-popular town of Carluke.
The spacious accommodation on offer is perfect for any couple or individual. The apartment offers tremendous value for money and would be an ideal starter home for first-time buyers.
Alternatively, it would make a great Buy-to-Let investment, as it has great transport and motorway links nearby.
The spacious accommodation comprises a large lounge, allowing lots of natural light to flood the room.
The feel of real space is evident, and given the shape of the room, it would suit a range of furniture configurations.
The kitchen diner contains a range of units, along with an electric oven and gas hob; there’s ample space for the washing machine and fridge freezer.
Free-standing appliances are included with the sale. The double bedroom is spacious and bright, with ample space for free-standing furniture.
There are ample storage spaces to help keep everything in its place. The bathroom is finished in a white suite with a tap-fed shower over the bath.
The home is kept warm and comfortable, with gas central heating and double glazing.
The property has communal drying space to the rear, and parking is on-street, with the option of off-street if required.
Early viewing is advised for anyone seeking a spacious apartment set in a popular area.
Electricity Supply: Sp Energy Networks Water Supply: Scottish Water Sewerage: Scottish Water Broadband / Mobile Coverage: Full 4G coverage, limited 3G and 5G.
By appointment through McEwan Fraser Legal on Lanarkshire McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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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About Melville Place, Carluke
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