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Lanark, ML11

£50,000|Flat | 1 bedroom | Freehold|↑66.67% compared to last sold price
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Approximate area: ML11
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Added on 22nd April 2026 by Harlow Homes, Hamilton
On the market for 4 months, 22 days
Summary
2 Wellgate flats forming part of a 7-unit Lanark portfolio. Generating £905 PCM with market rent of £1,050 PCM. Contributes to £3,590 PCM total portfolio income.
Price history
2014 £30,000
£30k£35k£40k£45k£50k20142017202020232026Asking £50,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 23rd November 2017 - Valid
EPC rating: D
Property age: 1919-1929
Rent data
1 property with the same number of bedrooms and style in the same area to let
The asking rent is £675 which represents a yield of 16.2% if buying at the asking price
A yield of 18% if purchased for 90% of the asking price (£45,000)
A yield of 20.3% if purchased for 80% of the asking price (£40,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £2,500.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None