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Three-bedroom tenanted flat in Carstairs

Carstairs Junction, ML11 - Get Access

3 bed 1 bath

Description

We are excited to bring to market this tenanted 3-bedroom flat located within a sought-after location in Carstairs. Currently tenanted at £475 PCM / £5,700 PA, this property provides an exceptional annual gross yield of 8.14%, making it an excellent investment opportunity for a shrewd investor. The property is professionally managed, fully compliant, and sure to appeal to anyone looking for a turnkey investment property. Sales evidence in the local area includes Carstairs Road, Carstairs, Lanark, which sold for £95,000, and Main Street, Carnwath, Lanark, ML11, which sold for £99,500. The local area has seen strong demand with great recent sales. Carstairs is a charming village in South Lanarkshire, known for its peaceful rural setting, rich history, and excellent transport links. Just a short drive from the market town of Lanark, Carstairs offers a close-knit community with local amenities, including shops, a primary school, and scenic walking trails. The village is historically significant as home to Carstairs Junction, a major railway hub connecting Glasgow, Edinburgh, and the rest of Scotland, making it an attractive location for commuters seeking a quieter lifestyle. Surrounded by rolling countryside and with easy access to the stunning Clyde Valley, Carstairs is ideal for those who appreciate both tranquility and connectivity.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 850 sq ft

This three-bedroom flat sits within the charming village of Carstairs, benefiting from local amenities and historical transport links. Evaluated using a valuation floor area of 850 sq ft, the property is currently presented in fair condition (scored 6/10) with minor dated elements including kitchen cabinets and carpets. Pricing is derived by benchmarking against verified local flat sales in the ML11 postcode district.

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