2 Bed Flat, Single Let, Hamilton, ML3 9FG, £105,000

Brankholm Lea, Hamilton, ML3 9FG - 5 months ago

Under Offer
BTL
ROI: 7%
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£26K - £75K

 

 

Square Metres

~68.11 m²

Value Estimate

£67,750

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,350

Total Cash In

£30,600

 

 

Cash Out

 

Rent Range

£550 - £2,700

Rent Estimate

£650

Running Costs/mo

£478

Cashflow/mo

£172

Cashflow/yr

£2,063

ROI

7%

Gross Yield

7%

Local Sold Prices

20 sold prices from £26K to £75K, average is £61K.

PriceDateDistanceAddressBeds 
£26K01/210.08 mi99, Kelvin Gardens, Hamilton, Lanarkshire ML3 9NR2
£36.3K08/210.12 mi46, Kelvin Gardens, Hamilton, Lanarkshire ML3 9NP2
£66.5K07/210.35 mi8, Livingstone Street, Hamilton ML3 9LW2
£70K10/210.37 mi47, Gordon Road, Hamilton, Lanarkshire ML3 9LG2
£64K04/210.38 mi4, Mayfield Road, Hamilton, Lanarkshire ML3 9LN2
£50K11/210.44 mi159, Hill Street, Hamilton, Lanarkshire ML3 9LJ2
£45K03/210.45 mi57, Auchintibber Court, Blantyre, Glasgow, Lanark G72 0YW2
£67K07/210.48 mi104, Kenilworth Crescent, Hamilton ML3 9LT2
£59.5K01/210.48 mi50, King Street, Hamilton, Lanarkshire ML3 9JH2
£71K12/210.59 mi168, Glasgow Road, Hamilton, Lanarkshire ML3 0QZ2
£43K11/210.61 mi261, Glasgow Road, Hamilton ML3 0QG2
£60K09/210.66 mi54, Roseberry Place, Hamilton, Lanarkshire ML3 9EP2
£68K10/210.66 mi22, Crawford Street, Hamilton ML3 0QH2
£50K05/210.68 mi40, George Court, Hamilton, Lanarkshire ML3 9HG2
£67K06/210.7 mi11, Hillhouse Road, Hamilton, Lanarkshire ML3 9TB2
£62K12/210.72 mi9, George Court, Hamilton ML3 0NX2
£57.6K05/210.76 mi60, Marswood Green, Hamilton, Lanarkshire ML3 9EE2
£75K09/210.76 mi134, Victoria Street, Blantyre, Glasgow, Lanark G72 0EF2
£55K04/210.79 mi39, Holyrood Street, Hamilton, Lanarkshire ML3 0NG2
£70K08/210.79 mi53, Shawburn Street, Hamilton, Lanarkshire ML3 9DU2

Local Rents

26 rents from £550/mo to £2.7K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£69505/240.03 miFleming Court, Hamilton2
£78012/230.05 mi-2
£59503/240.14 miFleming Way, Hamilton, ML32
£55005/240.22 miThornhill Road, Hamilton2
£82502/250.22 mi-2
£75011/240.26 mi-2
£72511/240.26 mi-2
£1,15005/240.26 mi-2
£1,15005/240.26 miShaw Drive, Hamilton, ML32
£69502/240.27 mi-2
£80005/240.27 miBelhaven Road, Hamilton2
£96001/250.34 mi-2
£79505/240.37 miTownhill Road, Hamilton, ML32
£67512/240.4 miKenilworth Crescent, Hamilton2
£1,00012/240.41 mi-2
£65006/240.43 miGordon Terrace, Hamilton2
£79512/240.46 miKirkton Avenue, Blantyre, Glasgow, South Lanarkshire, G722
£72506/240.48 mi51, King Street, Hamilton, ML3 9JH2
£75005/240.49 mi-2
£78012/240.49 mi-2
£65005/240.53 mi-2
£65005/240.53 mi-2
£69506/240.55 miHill Street, Hamilton, South Lanarkshire, ML32
£2,70002/250.55 mi-2
£85008/240.57 mi-2
£65006/240.62 miRoseberry Place, Burnbank, Hamilton2

Local Area Statistics

Population in Hamilton

51,585

Town centre distance

1.75 miles away

Nearest school

0.20 miles away

Nearest train station

1.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £105,000

November 21, 2024

Floor Plans

Description

  • Two bedrooms +
  • Generous room sizes +
  • Walk in condition +
  • Amazing views +
  • Fantastic location +

Nestled at Brankholm Lea in the charming district of Hamilton, South Lanarkshire, this splendid two-bedroom top floor flat represents a sterling opportunity for a broad spectrum of buyers, from first-time homeowners to savvy investors.

Upon entering this delightful residence, you`ll be captivated by the light-filled lounge adorned with a Juliette balcony that affords picturesque views over the bustling town. The heart of the home is the stylish dining-sized kitchen, replete with sleek white gloss cabinetry and a suite of integrated appliances, promising culinary delights and effortless entertaining.

Comfort and elegance extend to the two well-proportioned bedrooms, with the master bedroom being particularly noteworthy for its ample fitted wardrobe space and direct access to the main bathroom. This bathroom doesn`t just serve its purpose; it pampers you with a luxurious four-piece suite that includes a separate shower and bath, ensuring a serene retreat after a long day.

Residents of this secure flat benefit from a security entry system and the convenience of two allocated parking spaces, adding peace of mind and ease to daily living. Situated in a sought-after location, Brankholm Lea is perfectly positioned to enjoy Hamilton`s array of amenities and exceptional transport links, making this property an irresistible find in the market.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

SOLO Sales and Lettings, Covering Lanarkshire

01695 661408

Next Steps?

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