2 Bed Flat, Single Let, Hamilton, ML3 8NG, £65,000

Chantinghall Road, Hamilton, ML3 8NG - 7 views - 5 months ago

Sold STC
BTL
ROI: 19%
~68 m²
+15 photos

ValuationFair Value

Sold Prices£50K - £158K

 

 

Square Metres

~68.11 m²

Value Estimate

£64,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£3,150

Total Cash In

£19,400

 

 

Cash Out

 

Rent Range

£600 - £895

Rent Estimate

£656

Running Costs/mo

£354

Cashflow/mo

£302

Cashflow/yr

£3,620

ROI

19%

Gross Yield

12%

Local Sold Prices

42 sold prices from £50K to £158K, average is £70K.

PriceDateDistanceAddressBeds 
£72K08/210.07 mi9, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£95.3K12/210.07 mi24, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£85K03/210.07 mi24, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£52.5K12/210.28 mi14, Valley Court, Hamilton ML3 8HW2
£72.5K03/240.34 mi1, Mill Grove, Hamilton, Lan ML3 6TS2
£64K08/210.41 mi94, Mill Road, Hamilton, Lanarkshire ML3 8HY2
£83K08/210.41 mi88, Mill Road, Hamilton, Lanarkshire ML3 8HY2
£65K04/210.46 mi58, Neilsland Road, Hamilton, Lan ML3 8HJ2
£70K02/210.51 mi66, Mill Road, Hamilton, Lan ML3 8HX2
£64K03/210.51 mi111, Alness Street, Hamilton, Lanarkshire ML3 6TQ2
£57.6K05/210.56 mi60, Marswood Green, Hamilton, Lanarkshire ML3 9EE2
£50K01/210.56 mi25, Wylie Street, Hamilton, Lanarkshire ML3 6RL2
£117.5K08/210.59 mi51, Clydesdale Street, Hamilton ML3 0DD2
£67K06/210.6 mi11, Hillhouse Road, Hamilton, Lanarkshire ML3 9TB2
£95K09/210.62 mi111, Hall Street, Hamilton, Lanarkshire ML3 6RY2
£155K08/210.62 mi2/7, Park Road, Hamilton, Lanarkshire ML3 6PD2
£158K08/210.63 mi19/6, Union Street, Hamilton, Lanarkshire ML3 6PD2
£103K12/210.65 mi40, William Street, Hamilton, Lanarkshire ML3 9AX2
£70K08/210.67 mi53, Shawburn Street, Hamilton, Lanarkshire ML3 9DU2
£70K12/210.67 mi24, Orchard Street, Hamilton, Lanarkshire ML3 6PB2
£138K06/210.71 mi52, Woodburn Park, Hamilton ML3 6AL2
£60K09/210.72 mi54, Roseberry Place, Hamilton, Lanarkshire ML3 9EP2
£67K07/210.72 mi104, Kenilworth Crescent, Hamilton ML3 9LT2
£50K11/210.74 mi159, Hill Street, Hamilton, Lanarkshire ML3 9LJ2
£105K03/210.75 mi8, Kemp Court, Hamilton, Lanarkshire ML3 6QF2
£62K12/210.78 mi9, George Court, Hamilton ML3 0NX2
£131K05/210.79 mi9, Muirhill Court, Hamilton ML3 6DR2
£59.5K01/210.79 mi50, King Street, Hamilton, Lanarkshire ML3 9JH2
£85K02/210.79 mi7, Saffronhall Lane, Hamilton, Lan ML3 6LS2
£50K05/210.8 mi40, George Court, Hamilton, Lanarkshire ML3 9HG2
£64K04/210.81 mi4, Mayfield Road, Hamilton, Lanarkshire ML3 9LN2
£70K10/210.81 mi47, Gordon Road, Hamilton, Lanarkshire ML3 9LG2
£125K03/240.81 mi19, Coll Lea, Hamilton, Lan ML3 8BW2
£66.5K07/210.85 mi8, Livingstone Street, Hamilton ML3 9LW2
£55K04/210.87 mi39, Holyrood Street, Hamilton, Lanarkshire ML3 0NG2
£100K10/210.87 mi127, Caird Street, Hamilton, Lanarkshire ML3 0AL2
£57K05/210.88 mi1, Balmore Drive, Hamilton, Lanarkshire ML3 8DB2
£64K10/210.9 mi23, Swisscot Avenue, Hamilton, Lanarkshire ML3 8DN2
£55K11/210.92 mi33, Bonnyton Lane, Hamilton ML3 8DU2
£53K09/210.93 mi26, Kintore Park, Hamilton, Lanarkshire ML3 8DH2
£127K06/210.98 mi17, Neilsland Drive, Hamilton, Lan ML3 8AJ2
£80K11/210.99 mi23, Common Green, Hamilton, Lanarkshire ML3 6BL2

Local Rents

15 rents from £600/mo to £895/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£79502/250.14 mi-2
£80003/250.21 mi-2
£77505/240.24 miPhilips Wynd, Hamilton2
£69505/240.28 mi-2
£60012/240.28 miValley Court, South Lanarkshire, Hamilton, ML32
£69501/250.31 mi-2
£89503/250.36 mi-2
£65006/240.39 miGlebe Street, Hamilton, Lanarkshire, ML32
£75003/250.45 mi-2
£79506/240.51 miKirkfieldbank Way, Hamilton, Lanarkshire, ML32
£69503/240.56 miBurnbank Road, Hamilton, ML3 9AQ2
£79505/240.57 mi-2
£79505/240.58 miSutherland Crescent, Hamilton, Lanarkshire, ML32
£69506/240.6 miMorgan Street, Hamilton2
£72512/240.61 miArgyle Drive, Hamilton2

Local Area Statistics

Population in Hamilton

51,585

Town centre distance

0.64 miles away

Nearest school

0.50 miles away

Nearest train station

0.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £65,000

November 14, 2024

Floor Plans

Description

  • 2 Bedroom Top Floor Flat Situated In Hamilton +
  • Close to Town Centre & Local Amenities +
  • Spacious Lounge +
  • Family Kitchen +
  • Great First Time Buy! +
  • Residential Parking +
  • Council Tax Band B +
  • Electric Heating & Double Glazing +
  • Ample Storage Space +

Hello, are you looking for a great first time buy! - a 2 bedroom top floor flat in a popular & quiet area of Hamilton?
Would you like to be situated in a great location, being close to the town centre as well as local amenities which include bars & restaurants, supermarkets, train station as well as being a 5 minute drive from the M74?
What about having a good sized lounge with grey carpeting flooring, bright decor, feature wall, and plenty of room for free standing furniture, plus a separate dining room?
How about a family kitchen with white wooden units offering great storage space, matching worktops, with all white goods included?
Would you like 2 spacious bedrooms, one with laminate flooring and the other with same grey carpeting used throughout, both with built in wardrobes?
What about having a fully tiled 3 piece bathroom comprising; low level wc, sink with vanity unit, and shower enclosure?
How about electric heating, double glazing and communal parking just at your door?
If so, igloo have what you're looking for!

For more information on this amazing first time buy or to arrange a viewing, please contact us today!

FULL HOME REPORT AND MORTGAGE VALUATION
The home report information pack includes :
1. Single Survey and Mortgage Valuation -This gives information about the properties current condition, and any problems it has and how urgently they need attention. A generic mortgage valuation report is included which potential buyers can take to their lenders to assist in the arrangement of their mortgage.
2. Energy Performance Certificate : This report will show how "green" the property is and will rate the home A-G for energy efficiency (similar to how fridges and freezers are rated). The report will recommend how to improve the property's energy efficiency.
3. Property Questionnaire : This is completed by the seller, and it shows who the gas and electricity supplier are, the parking arrangements, council tax band, and other useful general information.
A copy of this full report can be made available to any genuinely interested buyers of this property on request.

Where floor plans are used, these are intended for guidance purposes only. Measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission or mis-statement.

Agent Details

Igloo, Hamilton

01698 533984

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪