Townhill Road, Hamilton, South Lanarkshire, M

3 bedroom Flat in South Lanarkshire

Sold
Offers Over £62,000
Current Yield 9.2 %
Potential Yield 11.1 %
Property Reference: 192668308
  • Flat
  • 3 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 81 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Spacious Rooms
  • Three Piece Bathroom
  • Easy Access into Hamilton Town Centre
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a well proportioned 3 bedroom flat located just out with the town centre Hamilton. It has long term tenants currently situated and is able to generate a fantastic rental income!

For investors in this area looking to expand their portfolio, this is a brilliant opportunity!

The home is in good condition and features gas-fired central heating, 3 bedrooms, a three-piece bathroom, a spacious lounge and kitchen.

Investment Details

The property currently produces an annual gross income of £6,000 which could be increased by the new owner to a market rate of £7,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenants

The current tenants have lived in the property for the last couple years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

Thanks to the flats close proximity to the Hamilton Town Centre, the tenants have easy access to countless valuable amenities. These range from cafe's, restaurants, convenience stores, shops and supermarkets to Primary, Secondary & Nursery Schools, leisure facilities, football pitches and parkland areas.

The Hamilton West train station is found here and as you can easily join onto the East Kilbride Expressway from the property, travel to other surrounding areas is direct and convenient.

Lounge

The lounge makes for an ample living area with lots of space for furniture and gatherings.

Kitchen

The kitchen is spacious and is the ideal size for several occupants.

Bathroom

A lovely three-piece bathroom is found in the property that consists of a wash basin, W.C. and bathtub with an overhead electric shower.

Bedrooms

Each bedroom is a good size with have enough space for a double or single sized bed, bedroom furniture and storage cabinets.

Exterior

External to the property building an on street parking space and communal grounds can be found.

Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: B
Property Reference: 192668308

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £500
  • Potential Rent pcm: £600
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years +
  • Tenants means of funding: Employment
Property Reference: 192668308
Property Reference: 192668308

Property Location

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Request DetailsTownhill Road, Hamilton, South Lanarkshire, M

Offers Over £62,000

Make an offer
Townhill Road, Hamilton, South Lanarkshire, M

Listing Price

Offers Over £62,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.