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See how verdicts work1-bedroom house · ML12 6XY
For saleReduced £6.5k (−8.2%) on 15 AugListed 388 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Menzies Place, Leadhills, ML12 6XY We are pleased to bring to the market this charming one-bedroom cottage, situated in the heart of the historic village of Leadhills.
Nestled within this scenic conservation area, the property presents a fantastic opportunity for buyers looking to create a characterful home tailored to their own style.
2 Menzies Place would make an ideal permanent residence, holiday retreat, or investment property.
While the property would benefit from a degree of modernisation, it provides a wonderful canvas for those keen to enhance and restore its character.
Key Features: Light-filled kitchen/living room , offering a welcoming, versatile space for relaxing and entertaining; log-burning stove and attractive wooden cupboard; kitchen with fitted units and space for a cooker, fridge, and washing machine Downstairs bedroom/Office space Bathroom with electric shower and towel rail Fixed staircase to an attic room , currently used as a bedroom, featuring fitted cupboards Ample parking available to the front of the property Excellent potential for sympathetic modernisation , allowing buyers to add value and personalise to their taste This delightful cottage offers an opportunity to acquire a character home in a sought-after rural location, with scope to update and enhance.
Viewing is highly recommended to appreciate the charm and potential on offer.
EPC Rating: F Location Leadhills is a beautiful conservation village which, with the neighboring village of Wanlockhead, attracts many visitors throughout the year.
Wanlockhead has a ski slope, lead mining museum and annual gold panning competition and café.
Leadhills is currently the second highest village in Scotland and boasts its own Primary School, Grocery Store and Hotel.
There is also the highest golf course in Scotland (9 holes), fishing and hill walking.
Leadhills is ideally situated for access to Junction 13 and 14 of the M74 making it a popular commute for those seeking country living within reasonable access of Glasgow, Edinburgh, Carlisle, Dumfries and the South.
There is a post office, store and café in Abington which is only 6 miles from Leadhills.
Living Area (4.12m x 2.56m) Kitchen (1.56m x 1.13m) Bathroom (1.87m x 1.50m) Bedroom/Office (4.08m x 1.87m) Attic Room (4.08m x 1.87m)
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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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 2 Menzies Place, Biggar
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