Summary - 11, CROSSGATES STREET ML9 1DL
3 bed 1 bath Semi-detached Villa
Low-price refurbishment opportunity with strong rental upside for investors.
- Freehold semi-detached cottage with full vacant possession
- Auction sale — 13 November 2025, timed online
- Potential rent circa £1,000pcm; approx 20% yield at guide price
- Requires internal upgrading; renovation will add significant value
- Evidence of damp/mould and small room sizes internally
- Slate roof and chimneys show external wear, repairs needed
- Double glazing and gas central heating already installed
- Located in very deprived area; factor local market conditions
A freehold three-bedroom semi-detached villa in Larkhall offered with full vacant possession and clear auction date. Priced at a low guide of £48,000, the property presents an entry-cost development opportunity close to town centre amenities and public transport links.
Internally the layout includes an entrance hallway, lounge/kitchen, three bedrooms and a bathroom. The house has double glazing and gas central heating but requires a degree of internal upgrading; photos and inspection notes indicate damp/mould issues in places and small room sizes. The slate roof and chimneys show external wear and will need repair.
For investors, the current market estimate suggests a potential rent of up to £1,000 pcm (£12,000 pa), which equates to around a 20% potential yield against the current guide price — assuming refurbishment and full letting. The lot may suit an owner-occupier prepared to modernise or a landlord looking to refurbish and refinance.
This is an auction sale (13 November 2025, timed online). Number 11 is sold separately but number 13 is also available, offering the option to acquire both properties together prior to auction. Buyers should factor renovation costs, visible damp repairs, roof work and the local area’s high deprivation levels into purchase and funding plans.
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