For Sale By Auction | 14:00, 06 February 2025

97 Craigbank Street, Larkhall, Lanarkshire ML9 1JR

*Guide | £85,000 (plus fees)

  • Terraced House
  • 3 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 06/02/2025

Auction Time

14:00

Auction Venue

Radisson RED, 25 Tunnel Street • G3 8HL

Three bedroom mid terrace house

If you’re looking for the perfect rental property or family home in the sought-after Larkhall area, then look no further than 97 Craigbank Street. This spacious three bedroom mid-terraced property is conveniently located near Larkhall town centre. The accommodation spans two levels. On the ground floor, you’ll find an entrance hallway, a spacious front-facing lounge with an adjoining kitchen, and a family bathroom with an over-bath shower. The upper level features three bedrooms, each with its own storage cupboard. Additional highlights include double glazing, gas central heating, and a generous rear garden primarily laid with slabs. The Guide Price offers a discount of over 10% compared to the Home Report value of £95,000, making it an attractive option for all buyer types, with the opportunity to add further value through upgrade. Published LHA figures of £8566p.a. offer a potential rental yield of 10% at Guide Price. Local rental comparables suggest a monthly rental income of £850 could be achieved, lifting rental yield up to 12% if purchased at the Guide Price. Ideal for both investors and owner/occupiers, this one is sure to attract strong levels of interest. Early viewing is highly recommended. Council Tax Band: A. Comparables: 3 Dee Path: Sold for £115,000 May 24 14 Robert Smilie Crescent: Sold for £108,500 April 23 211 Glen Avenue: Sold for £98,500 Dec 23

Tenure

Freehold

Area

Larkhall is a popular town on the outskirts of Hamilton. The area has excellent schooling, shopping facilities and sports amenities including golf courses, swimming baths, country parks, gym facilities and football parks. The main street has several pubs, bistros and restaurants, and a wide variety of shops. The nearest town is Hamilton, which has a wide variety of restaurants, bistros and pubs. For those commuting by public transport there are regular bus and train links to the surrounding towns including East Kilbride, Motherwell, Glasgow and Edinburgh. The nearby M74 motorway provides excellent road links throughout the west of Scotland and further afield.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

South Lanarkshire Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.