Summary - 58B, STRAWFRANK ROAD, LANARK, CARSTAIRS JUNCTION ML11 8RD
1 bed 1 bath Flat
Freehold one-bed investment with immediate income and strong transport links.
Tenanted 1-bed flat with immediate rental income (£395 pcm)
This one-bedroom flat in Carstairs Junction is offered as a tenanted, freehold investment lot at auction. The current tenant pays £395 pcm (£4,740 pa), giving an advertised gross yield of 8.94% at the guide price of £45,000. The property is professionally managed and offered as part of a multi-property portfolio sale, so it is ready for an investor seeking immediate rental income.
The building is a 19th-century terrace with a duplex-style layout and modern interior finishes such as laminate flooring and standard-height ceilings. Nearby sales of comparable properties on Strawfrank Road suggest local market activity and demonstrable demand. The location benefits from strong transport links via Carstairs railway junction and local amenities including a post office, school and playground.
Material considerations are straightforward: the lot will be sold at auction and is occupied, so purchaser legal/title and tenancy checks are essential. Broadband speeds are reported slow, and the surrounding area is classified as very deprived — factors that can affect long-term capital growth and tenant profile. This is positioned clearly as a buy-to-let opportunity rather than an owner-occupier purchase.
For a cash or buy-to-let investor wanting a turnkey, income-producing addition, this flat offers immediate yield and low ongoing management hassle. Buyers should allow for standard auction purchase timetables, confirm tenancy terms, and factor in any future investment to improve broadband or interior finishes if targeting higher rents or resale value.
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