Symington Street, ML12

3 Bedroom End Terrace House - Development Opportunity, Leadhills, Biggar ML12

Guide Price: £38,000
CASH PURCHASE ONLY

A rare opportunity to acquire a three-bedroom end-terrace house in the beautiful and historic village of Leadhills, South Lanarkshire.

Set on a generous corner plot of 0,058 acre (235.75 sqm), the property offers exceptional development and investment potential, with scope to extend to the side or possibly construct an additional dwelling - subject to the necessary planning consents.
This property is currently uninhabitable and therefore no Home Report is available.

No Internal Viewings Permitted.

It represents a blank canvas for developers, investors looking to create value in a desirable rural location. It may also suit people looking to live in a tranquil countryside location.
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About Leadhills

Leadhills is Scotland's second-highest village, known for its unique heritage, charming cottages, and breathtaking countryside views. Despite its tranquil setting, it offers easy access to Biggar, Lanark, and the M74, connecting quickly to both Glasgow and Edinburgh.
The area has become increasingly sought-after by holiday home buyers and short-term let investors, thanks to local attractions such as the Leadhills & Wanlockhead Railway, the Museum of Lead Mining, and access to stunning walking and cycling routes.
Comparable short-term rental properties in the village achieve average nightly rates between £120 and £160 (season dependent), making this an attractive opportunity for anyone considering an Airbnb or holiday-let investment once refurbished.
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Excellent sales evidence in local areas:

* 43 Symington Street, Leadhills - sold for £170,000 (2024)
* 53 Symington Street, Leadhills - sold for £174,000 (2023)
These recent sales highlight the strong resale potential for renovated homes in this charming and increasingly popular location.
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Key Information

This three-bedroom end-terrace house presents an excellent opportunity for builders, developers, or cash buyers seeking a full renovation or redevelopment project. The property is currently uninhabitable and therefore no Home Report is available. It occupies a generous plot which may offer potential for extension or the creation of an additional dwelling, subject to statutory consents and planning permission.
Upon entering the property, a small hallway provides access to the main accommodation. From here, a door leads to a spacious double bedroom located on the ground floor, which benefits from a built-in cupboard beneath the staircase. To the left, stairs rise to the first floor where there are two further bedrooms. To the right of the hallway is a living room featuring a fireplace, offering a focal point for potential restoration. Continuing towards the right side of the property, there is a small hallway with another front entrance, the hallway leads to a three-piece bathroom suite and a kitchen positioned to the back of the building.
Full internal and external renovation and modernisation are essential. It is assumed that the property has existing connections to mains electricity, water, and a form of central heating; however, prospective purchasers should satisfy themselves regarding the condition and functionality of all services.
Due to the current condition, no internal viewings are permitted. No apparatus, equipment, fittings, systems, or services have been tested, and no warranty is given as to their working condition, safety, or compliance. Prospective purchasers are advised to undertake their own investigations prior to making any contractual commitment. A non-returnable buyer's fee of £6,000 is payable to the agency by the successful purchaser upon acceptance of an offer. This fee forms part of the agent's remuneration and is separate from the purchase price. The vendor has a business connection with the selling agency, as defined under Section 21 of the Estate Agents Act 1979. Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.