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Lanark, ML11

£80,000|Flat | 2 bedroom | Freehold|↑135.29% compared to last sold price
Approximate area: ML11
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Added on 22nd April 2026 by Harlow Homes, Hamilton
On the market for 4 months, 21 days
Summary
2-bedroom flat on South Vennel forming part of a 7-unit Lanark portfolio. Currently generating £485 PCM with market rent of £525 PCM, contributing to £3,590 PCM total portfolio income with clear rental uplift potential.
Price history
2014 £34,000
  (+13.00%)
2012 £30,000
  (+25.00%)
2011 £24,000
  (-8.00%)
2002 £26,000
  (+8.00%)
2002 £24,000
£20k£40k£60k£80k20022008201420202026Asking £80,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 27th October 2017 - Valid
EPC rating: C
Property age: 1919-1929
Rent data
4 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £750 to £775 which represents a yield of between 11.3% and 11.6% if buying at the asking price
A yield of 12.5% to 12.9% if purchased for 90% of the asking price (£72,000)
A yield of 14.1% to 14.5% if purchased for 80% of the asking price (£64,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £4,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None