2 Bed Flat, Single Let, Hamilton, ML3 0NE, £60,000

Ann Street, Hamilton, ML3 0NE - 3 months ago

Sold STC
BTL
ROI: 17%
~68 m²
+13 photos

ValuationFair Value

Sold Prices£26K - £250K

 

 

Square Metres

~68.11 m²

Value Estimate

£59,625

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£3,000

Total Cash In

£18,000

 

 

Cash Out

 

Rent Range

£525 - £2,700

Rent Estimate

£572

Running Costs/mo

£322

Cashflow/mo

£250

Cashflow/yr

£3,001

ROI

17%

Gross Yield

11%

Local Sold Prices

30 sold prices from £26K to £250K, average is £67.5K.

PriceDateDistanceAddressBeds 
£70K08/210.1 mi53, Shawburn Street, Hamilton, Lanarkshire ML3 9DU2
£62K12/210.1 mi9, George Court, Hamilton ML3 0NX2
£55K04/210.12 mi39, Holyrood Street, Hamilton, Lanarkshire ML3 0NG2
£50K05/210.13 mi40, George Court, Hamilton, Lanarkshire ML3 9HG2
£60K09/210.18 mi54, Roseberry Place, Hamilton, Lanarkshire ML3 9EP2
£57.6K05/210.24 mi60, Marswood Green, Hamilton, Lanarkshire ML3 9EE2
£103K12/210.26 mi40, William Street, Hamilton, Lanarkshire ML3 9AX2
£68K10/210.29 mi22, Crawford Street, Hamilton ML3 0QH2
£59.5K01/210.35 mi50, King Street, Hamilton, Lanarkshire ML3 9JH2
£43K11/210.35 mi261, Glasgow Road, Hamilton ML3 0QG2
£67K07/210.43 mi104, Kenilworth Crescent, Hamilton ML3 9LT2
£71K12/210.45 mi168, Glasgow Road, Hamilton, Lanarkshire ML3 0QZ2
£66.5K07/210.51 mi8, Livingstone Street, Hamilton ML3 9LW2
£117.5K08/210.51 mi51, Clydesdale Street, Hamilton ML3 0DD2
£64K04/210.56 mi4, Mayfield Road, Hamilton, Lanarkshire ML3 9LN2
£70K10/210.59 mi47, Gordon Road, Hamilton, Lanarkshire ML3 9LG2
£50K11/210.59 mi159, Hill Street, Hamilton, Lanarkshire ML3 9LJ2
£100K10/210.59 mi127, Caird Street, Hamilton, Lanarkshire ML3 0AL2
£36.3K08/210.69 mi46, Kelvin Gardens, Hamilton, Lanarkshire ML3 9NP2
£72K08/210.71 mi9, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£95.3K12/210.71 mi24, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£85K03/210.71 mi24, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£45K03/210.73 mi57, Auchintibber Court, Blantyre, Glasgow, Lanark G72 0YW2
£26K01/210.74 mi99, Kelvin Gardens, Hamilton, Lanarkshire ML3 9NR2
£250K09/210.75 mi17, Hamilton Park North, Hamilton, Lanark ML3 0FG2
£67K06/210.78 mi11, Hillhouse Road, Hamilton, Lanarkshire ML3 9TB2
£85K02/210.9 mi7, Saffronhall Lane, Hamilton, Lan ML3 6LS2
£131K05/210.93 mi9, Muirhill Court, Hamilton ML3 6DR2
£158K08/210.99 mi19/6, Union Street, Hamilton, Lanarkshire ML3 6PD2
£155K08/211 mi2/7, Park Road, Hamilton, Lanarkshire ML3 6PD2

Local Rents

37 rents from £525/mo to £2.7K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£52505/240.03 mi-2
£55011/230.09 mi-2
£57512/230.1 mi-2
£67506/240.1 miGeorge Court, Hamilton, Lanarkshire, ML32
£65005/240.12 mi75 George Court, Hamilton, ML3 0NZ2
£85005/240.14 mi-2
£69506/240.16 miCopperwood Court, Hamilton2
£65005/240.17 miGeorge Street, Hamilton, South Lanarkshire, ML32
£72512/240.18 miArgyle Drive, Hamilton2
£1,70005/240.24 mi-2
£1,70012/240.24 mi-2
£65006/240.24 miRoseberry Place, Burnbank, Hamilton2
£79512/240.25 mi-2
£69503/240.35 miBurnbank Road, Hamilton, ML3 9AQ2
£75005/240.35 mi-2
£78012/240.35 mi-2
£72506/240.35 mi51, King Street, Hamilton, ML3 9JH2
£85008/240.35 mi-2
£2,70003/250.36 mi-2
£79505/240.36 miSutherland Crescent, Hamilton, Lanarkshire, ML32
£69506/240.36 miHill Street, Hamilton, South Lanarkshire, ML32
£69510/230.42 mi-2
£75004/250.42 mi-2
£60012/240.47 mi-2
£72504/250.49 mi-2
£67512/240.51 miKenilworth Crescent, Hamilton2
£79506/240.52 miKirkfieldbank Way, Hamilton, Lanarkshire, ML32
£69505/240.56 mi-2
£80003/250.56 mi-2
£80004/250.56 mi-2
£65006/240.58 miGordon Terrace, Hamilton2
£85005/240.59 mi-2
£85005/240.59 mi-2
£92503/250.59 mi-2
£87512/240.6 mi-2
£77505/240.61 miPhilips Wynd, Hamilton2
£69502/240.61 mi-2

Local Area Statistics

Population in Hamilton

51,585

Town centre distance

1.39 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £60,000

January 16, 2025

Floor Plans

Description

  • Close to Local Amenities +
  • Close to Town Centre +
  • Double Glazing +
  • Gas Central Heating +
  • Large Kitchen +
  • Great Room Sizes +
  • Security Door Entrance +
  • Car Parking +
  • Council Tax Band - Band B +

Hello, are you looking for a 2 bedroom first floor flat in the central Burnbank area of Hamilton?
Would you like a lovely, bright lounge, with wood laminate flooring with ample space for all your own furniture?
What about a really big hall with an extra-large cupboard or which can be utilised as a small home office or for storage?
How about a great size, dining kitchen with white units, tiled splashback and contrasting flooring?
Would you like 2 great size double bedrooms with fresh, bright decor and neutral laminate flooring the perfect space just waiting for you to make your own?
What about a 3 piece bathroom suite that also comes with a shower over the bath?
How about double glazing and gas central heating?
Would you like private off road parking and secure door entry?
What about being close to all local amenities and shops and within walking distance to Hamilton West train station, with bus links on your door step?
If so, igloo have what you're looking for!
Please call to arrange a viewing.

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 💪