1-bedroom flat · ML8 5BT
Listing removedListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Upper floor flat set within a central and convenient location in the popular town of Carluke.
This charming home offers the space and character you would expect from a traditional property, making it an appealing choice for a range of buyers.
The property has operated successfully as a buy-to-let for several years and will particularly suit landlords, first-time buyers, or those looking to downsize.
The accommodation comprises a bright and spacious lounge, a fitted kitchen, a well-proportioned double bedroom with built-in storage, and a shower room complete with WC, wash hand basin, and bath with shower over.
A large walk-in storage cupboard further enhances the excellent storage available within the home.
The property is presented in fresh, neutral décor throughout and further benefits from double glazing and a recently fitted gas combi boiler.
Externally, there is a communal drying green located to the rear. EPC Rating: C Living Room (3.79m x 3.72m) Kitchen (3.79m x 1.55m) Bedroom (3.62m x 3.04m) Shower Room (1.42m x 2.08m)
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
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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 4 Melville Place, Carluke
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