Average asking price
£235k
UK avg £340k
Postcode district in New Lanark, part of the ML postcode area
General / family area · 36.0km from The University of Strathclyde
ML11 has a gross rental yield of 5.6%, 22% above the UK average, ranking #4 of 7 ML postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | £370k | — | — | 1 / 0 |
| 1 | £60k | — | — | 3 / 0 |
| 2 | £100k | £850 | — | 11 / 2 |
| 3 | £202k | £1,022 | — | 18 / 2 |
| 4 | £240k | £1,700 | — | 18 / 1 |
| 5+ | £440k | £2,272 | — | 14 / 2 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| ML2 | £132k | £775 | 7.0% | Compare |
| ML1 | £163k | £850 | 6.3% | Compare |
| ML3 | £172k | £825 | 5.7% | Compare |
| ML6 | £205k | £825 | 4.8% | Compare |
| ML5 | £286k | £795 | 3.3% | Compare |
| ML10 | £425k | £1,125 | 3.2% | Compare |
New areas, new features, and the biggest market movers, straight to your inbox. No spam.