2 Bed Terraced House, Single Let, Hamilton, ML3 8TR, £109,995

Solway Court, Hamilton, ML3 8TR - 3 months ago

Under Offer
BTL
ROI: 5%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£68K - £266K

 

 

Square Metres

~68.11 m²

Value Estimate

£88,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,499

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,199

 

 

Cash Out

 

Rent Range

£600 - £1,000

Rent Estimate

£616

Running Costs/mo

£487

Cashflow/mo

£129

Cashflow/yr

£1,549

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £68K to £266K, average is £109K.

PriceDateDistanceAddressBeds 
£96K03/240 mi25, Solway Court, Hamilton, Lan ML3 8TR2
£83K05/210.17 mi26, Woodhead Crescent, Hamilton, Lanarkshire ML3 8TB2
£95K06/210.21 mi9, Carron Court, Hamilton ML3 8TD2
£140.1K11/210.41 mi14, Tarbert Court, Hamilton, Lanarkshire ML3 8UP2
£118K11/210.41 mi23, Fyne Court, Hamilton, Lanarkshire ML3 8UH2
£110.2K12/210.5 mi23, Creran Court, Hamilton, Lanarkshire ML3 8UG2
£120K03/240.51 mi6, Sween Drive, Hamilton, Lan ML3 8UR2
£140K09/210.6 mi31, Hollandbush Grove, Hamilton ML3 8AL2
£140K11/210.66 mi60, Scholars Wynd, Hamilton, Lanarkshire ML3 8RE2
£137.6K08/210.7 mi28, Bankfield Drive, Hamilton, Lanarkshire ML3 7AB2
£132K09/210.7 mi36, Bankfield Drive, Hamilton, Lanarkshire ML3 7AB2
£118K02/210.7 mi34, Bankfield Drive, Hamilton ML3 7AB2
£190.5K04/210.75 mi7, Den Bak Avenue, Hamilton, Lanarkshire ML3 8DA2
£68K01/210.78 mi45, Chriss Avenue, Hamilton, Lan ML3 7RW2
£140K08/210.78 mi33, Eliot Crescent, Hamilton, Lan ML3 6SP2
£87.5K12/210.82 mi44, Chantinghall Road, Hamilton, Lanarkshire ML3 8NG2
£98.5K11/210.86 mi28, Nethan Place, Hamilton, Lanarkshire ML3 7TG2
£266K04/210.94 mi46, South Park Road, Hamilton ML3 6PN2
£90K03/211.07 mi16, Hillhouse Crescent, Hamilton, Lanarkshire ML3 9TF2
£103.5K10/211.08 mi8, Melfort Road, Hamilton, Lan ML3 9UR2
£82K01/211.13 mi94, Clarkwell Road, Hamilton, Lanarkshire ML3 9RQ2
£72K05/211.21 mi102, Townhill Road, Hamilton, Lanarkshire ML3 9RH2
£115K07/211.21 mi118, Hillhouse Road, Hamilton, Lan ML3 9TX2
£101.5K05/211.21 mi21, Belhaven Road, Hamilton, Lanarkshire ML3 9RS2
£120K02/211.26 mi33, Linden Lea, Hamilton, Lan ML3 9AE2
£122K03/241.26 mi10, Alloway Gardens, Hamilton, Lan ML3 9XZ2
£102.5K04/211.27 mi44, Blair Atholl Gardens, Hamilton, Lanark ML3 9FF2
£116.6K07/211.27 mi28, Blair Atholl Gardens, Hamilton ML3 9FF2
£85K10/211.28 mi11, Mayfield Road, Hamilton, Lanarkshire ML3 9LL2
£138.5K12/211.29 mi5, Dunure Drive, Hamilton, Lanarkshire ML3 9EY2
£100K04/211.32 mi25, Argyle Drive, Hamilton, Lanarkshire ML3 9EB2
£121.5K01/211.33 mi5, Ashworth Terrace, Hamilton, Lan ML3 9JQ2
£82K02/211.47 mi235, Townhill Road, Hamilton, Lan ML3 9RW2
£77.5K12/211.48 mi2, Sempie Street, Hamilton ML3 9JL2
£76.1K05/211.51 mi128, Comrie Crescent, Hamilton, Lanarkshire ML3 9QQ2
£80K06/211.53 mi108, Fleming Way, Hamilton, Lanarkshire ML3 9PE2
£88K09/211.59 mi136, Fleming Way, Hamilton, Lanarkshire ML3 9QS2
£106.3K01/211.59 mi152, Fleming Way, Hamilton, Lanarkshire ML3 9QS2
£110K08/211.63 mi184, Brankholm Brae, Hamilton, Lanarkshire ML3 9QR2
£85K02/211.65 mi46, Bryan Street, Hamilton ML3 0JN2
£95.5K12/211.69 mi188, Brankholm Brae, Hamilton, Lanarkshire ML3 9QR2
£145.1K07/211.69 mi154, Brankholm Brae, Hamilton ML3 9QR2
£163.1K10/211.74 mi47, Russell Street, Hamilton, Lanarkshire ML3 0QW2
£125K03/241.75 mi54, Windsor Gardens, Hamilton, Lan ML3 0ND2
£132K09/211.76 mi61, Alford Avenue, Blantyre, Glasgow G72 0GS2
£108K01/211.86 mi7, Castle Wynd, Quarter, Hamilton, Lan ML3 7XD2
£100K07/211.88 mi28, Victoria Street, Hamilton, Lanarkshire ML3 0LE2
£127.6K03/211.88 mi42, Birdsfield Street, Hamilton ML3 0RD2
£77K12/211.92 mi6, Atholl Court, Blantyre, Glasgow, Lanarkshire G72 0YU2
£127.5K10/211.96 mi7, Abbotsford Road, Hamilton ML3 0PL2

Local Rents

33 rents from £600/mo to £1K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£85005/240 miSolway Court, Hamilton, ML32
£79505/240.31 mi-2
£79505/240.32 mi-2
£75005/240.36 mi-2
£80003/250.55 mi-2
£92512/240.58 mi-2
£89503/250.61 mi-2
£65012/240.61 miStrathaven Road, Hamilton, South Lanarkshire, ML3 7RE2
£60012/240.64 miValley Court, South Lanarkshire, Hamilton, ML32
£69505/240.65 mi-2
£62506/240.66 miSt Annes Court, Hamilton2
£79503/250.68 mi-2
£82506/240.7 mi-2
£69504/250.71 mi-2
£95003/250.78 mi-2
£72501/250.8 mi-2
£75003/250.83 mi-2
£77505/240.88 miPhilips Wynd, Hamilton2
£65006/240.96 miGlebe Street, Hamilton, Lanarkshire, ML32
£73505/240.97 mi-2
£75003/250.97 mi-2
£80003/251.01 mi-2
£80004/251.01 mi-2
£79506/241.04 miKirkfieldbank Way, Hamilton, Lanarkshire, ML32
£75006/241.04 miDurisdeer Drive, High Earnock2
£65005/241.05 mi-2
£65005/241.05 mi-2
£69506/241.08 miMorgan Street, Hamilton2
£79506/241.11 mi-2
£79506/241.11 miAilsa Court, Hamilton, ML32
£1,00012/241.19 mi-2
£79505/241.19 miSutherland Crescent, Hamilton, Lanarkshire, ML32
£65006/241.2 miGordon Terrace, Hamilton2

Local Area Statistics

Population in Hamilton

51,585

Town centre distance

0.54 miles away

Nearest school

0.20 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £109,995

January 23, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • Allocated Parking +
  • Beautifully Presented +
  • Bright and Spacious +
  • Excellent buy to let investment +
  • Excellent First Time Buyer Property +
  • Fitted Bathroom +
  • Fitted Kitchen +

A superb two bedroom mid-terrace villa situated in the extremely popular Woodhead area of Hamilton. This property provides spacious and well-proportioned accommodation over two levels.

Internally, the home includes luxury fittings throughout and will be of great interest to the first time buyer market. On arrival, there are parking facilities for residents and visitors.

The property benefits from both front and rear garden grounds and have been landscaped to include a superb chipped stone area, artificial grass, and timber fencing. The grounds also offer excellent exposure to natural sunlight.

Internally the accommodation comprises reception hallway, bright and spacious lounge, fully fitted kitchen with open plan dining, two double bedrooms, and a luxury shower room.

Location

The property is located in a popular area of Hamilton, allowing for easy travel and access to your local amenities such as schooling, railway services, and shopping centres with premier shops, bars, and restaurants. This postcode gives you quick and easy access to both the M74 and M8 which allows you to travel for work commitments or leisurely travel.

Tenure: Freehold

Agent Details

Momo Homes, Hamilton

01698 538053

Next Steps?

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