3-bedroom bungalow · ML8 5AG
Listing removedListed 167 days
Opportunity summary
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About
Set within a sought after residential area in Carluke, this impressive split level bungalow occupies an enviable corner plot on Victoria Avenue and offers spacious and versatile accommodation throughout.
Freshly painted throughout and complemented by newly fitted carpets, the property blends traditional character with modern family living.
The home retains many original features including stained glass windows, traditional doors and facias, together with attractive feature fireplaces adding warmth and charm.
The accommodation comprises a welcoming entrance vestibule leading into a broad reception hall, a formal lounge with gorgeous feature fire and bay window providing an attractive focal point to the room, and a second sitting room with dual aspect windows which could also be utilised as a fourth bedroom if required.
There is also a spacious family bathroom fitted with a shower over the bath together with a generously sized dining kitchen.
The kitchen has been fitted with a range of wall and floor mounted units and includes a selection of integrated appliances including a wine cooler, gas hob and mid-height oven.
A separate utility room provides additional appliance space and further storage. There are two generously proportioned bedrooms located on the main level.
A hallway positioned just off the kitchen provides staircase access to the upper level where the final bedroom is located, completing the accommodation.
A further staircase from the kitchen leads to the basement level where two substantial storage rooms can be found, offering excellent storage facilities and potential for a variety of uses.
The property is heated via gas central heating and double glazed windows are installed throughout. A floored attic space offers further development subject to the relevant consents.
Externally, the property enjoys maintained corner gardens incorporating a monobloc driveway and surrounding pathways.
There is also a substantial detached double garage together with a lower tiered lawn, slabbed patio area and mature planting.
The grounds are enclosed by stone walling, timber fencing and established greenery creating a private and attractive outdoor setting.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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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
Agent & docs
FAQ
About 3, Victoria Avenue, Carluke
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