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South Vennel, Lanark, Lanarkshire, ML11

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

Harlow Homes are delighted to present this 2-bedroom flat at South Vennel, Lanark, forming part of a wider 7-unit portfolio available as a whole.

The unit comprises:

53 South Vennel (2-bed) - £485 PCM | Market Rent £525 PCM

The property currently generates £485 PCM (£5,820 annually), with market rent of £525 PCM (£6,300 annually), contributing to the overall income of the portfolio.

The wider portfolio produces £3,685 PCM (£44,220 annually), increasing to £4,296 PCM (£51,540 annually) once residential rents are aligned.

Situated within a well-established residential area, the property benefits from consistent tenant demand and stable occupancy, making it a reliable income-producing asset within the wider portfolio.

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.
Terrace
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
No wheelchair access

Energy performance certificate - ask agent

South Vennel, Lanark, Lanarkshire, ML11

Approximate location

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Renovation potential
Recently sold & under offer
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About Harlow Homes, Hamilton

1 Barrack Street, Hamilton, ML3 0DG
Industry affiliations:Industry affiliation logo 0

At Harlow Homes, we pride ourselves on offering a personalised and client-focused approach to selling residential properties throughout Lanarkshire and Glasgow. Based in Hamilton, we're a privately owned estate agency that believes in making each client feel valued.

We know that every homeowner has different needs, and that's why our service is fully tailored to suit you. From the very first consultation, through property viewings, negotiations, and right up to the final exchange of contracts and sale completion, you'll work with one dedicated estate agent who's with you at every stage. This hands-on, one-to-one support ensures a straightforward and stress-free experience that keeps you in control.

Instead of chasing volume, we focus on quality. Our team invests the time and effort needed to market your property effectively, aiming to achieve the best possible result. We don't just want to help you move, we want to make sure you're thrilled with the process and confident enough to recommend us as your estate agent of choice.

Affordability

Monthly repayments£402
Property: £ 80,000
Deposit: £ 8,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 037. 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.

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