High Street, Lanark, Lanarkshire, ML11

- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 7-unit residential portfolio
- All properties within close proximity
- Fully tenanted with established occupants
- Strong current rental income
- Clear rental uplift potential
- Mix of 1 & 2 bedroom units
- Low void risk location
- Ideal for portfolio expansion
- Attractive yields with upside
- Turnkey investment opportunity
Description
The block comprises the following units:
63 High Street (2-bed) - £520 PCM | Market Rent £650 PCM
63 High Street (1-bed) - £495 PCM | Market Rent £550 PCM
63 High Street (2-bed) - £585 PCM | Market Rent £650 PCM
The block currently generates £1,600 PCM (£19,200 annually), with rents at market level totalling £1,850 PCM (£22,200 annually).
The wider portfolio produces £3,685 PCM (£44,220 annually), increasing to £4,296 PCM (£51,540 annually) once residential rents are aligned.
Positioned within Lanark town centre, the properties benefit from strong tenant demand, ensuring consistent occupancy and low void risk. The compact nature of the block allows for efficient management, making it a practical addition to a wider portfolio.
The wider portfolio offers a straightforward value-add opportunity, with clear scope to increase returns while benefiting from immediate income from day one.
A full investment breakdown, including comparable evidence and supporting data, is available upon request.
Why Lanark?
Lanark is a well-established rental market with consistent tenant demand, supported by strong local amenities, transport links and accessibility to surrounding towns and Glasgow. This ensures long-term occupancy and dependable rental performance.
A full portfolio breakdown is available upon request.
At Harlow Homes, we work to ensure a smooth and secure sale. A buyer's fee may be required to reserve the portfolio and confirm commitment.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Back garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
High Street, Lanark, Lanarkshire, ML11
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Visit our security centre to find out moreDisclaimer - Property reference 034. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harlow Homes, Hamilton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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