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See how verdicts work2-bedroom bungalow · ML11 7PB
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a central location within the historic market town of Lanark, 11 Jerviswood Drive is a deceptively spacious, two bedroom, detached bungalow offering potential buyers a property all on the one level within easy reach of all the towns amenities.
The home is entered from the front through an entrance vestibule into a large central hallway which has previously been utilised as a dining hall.
To the left is a generously proportioned lounge with large window formation providing excellent natural light whilst a log burning stove provides an attractive focal point to the room.
To the rear is a modern fitted kitchen with a wide selection of base and wall mounted storage with integrated electric oven, hob and dishwasher and ample space for a large slot-in fridge/freezer.
Off this room is a rear vestibule which offers additional storage and gives access to the rear garden.
The accommodation is completed by a generously proportioned shower room and two double bedrooms, one of which benefits from built-in wardrobes. Externally the home occupies a spacious plot.
There is a driveway to the front and side which provides ample off-street parking and the remainder is split between lawn, decking and chipped paths with a large concrete patio which was formally a car port which has recently been removed.
This homes location and one level living will undoubtably make it popular and early viewing is recommended.
Location From our Lanark office at 2 High Street continue down the High Street into Broomgate and turn right onto Hope Street.
Continue along this road and take the second left onto Waterloo Road and immediate left onto Jerviswood Road where number 11 can be found on the right clearly identifiable by a remax for sale board.
Lounge (5.57m x 3.90m) Kitchen (4.08m x 2.40m) Dining Room (4.21m x 2.97m) Bedroom (3.32m x 3.29m) Bedroom (4.21m x 3.29m) Bathroom (2.68m x 1.77m)
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
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FAQ
About 11 Jerviswood Road, Lanark
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