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One-bedroom ground floor flat

Carluke, ML8 - Get Access

1 bed 1 bath

Description

This ground floor, one-bedroom vacant flat presents an excellent investment opportunity, requiring full renovation throughout and offering a blank canvas for customisation. It is ideally suited to an investor looking to restore a property to flip or add to the rental market. Once fully renovated, the property offers realistic rental potential of around £550 per calendar month, equating to £6,600 per annum, in a high-demand rental location. Internally, the flat is in a dilapidated condition with missing floorboards in multiple areas and significant disrepair evident. Externally, the front door and windows have been boarded up. The property is ideally situated in the heart of Carluke, offering convenient access to a wide range of local amenities and everyday services. The town centre features a variety of shops, supermarkets, cafés, restaurants, and essential services within easy reach. Carluke railway station is approximately a 5 to 10-minute walk away, providing regular train services to Glasgow and connections to Lanark, Motherwell, and Edinburgh. Local bus services operate throughout the town and surrounding areas, while nearby road links provide convenient access to the wider Central Belt of Scotland. The town also benefits from local healthcare facilities, schools, and leisure amenities, with the surrounding countryside offering opportunities for pleasant walks and outdoor recreation.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 475 sq ft

Valuing this ground floor one-bedroom flat involves assessing its town-centre location in Carluke alongside its current dilapidated state. The property requires extensive interior and exterior repairs, including attention to the gable wall and boarded-up openings. Floor area is estimated at 475 sq ft based on internal layout expectations.

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