2 Bed Flat, Single Let, Hamilton, ML3 6TT, £89,995

Arden Road, Hamilton, ML3 6TT - 2 months ago

Under Offer
BTL
ROI: 9%
~68 m²
+9 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,499

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,399

 

 

Cash Out

 

Rent Range

£580 - £950

Rent Estimate

£631

Running Costs/mo

£427

Cashflow/mo

£204

Cashflow/yr

£2,443

ROI

9%

Gross Yield

8%

Local Sold Prices

36 sold prices from £50K to £158K, average is £81.5K.

PriceDateDistanceAddressBeds 
£83K08/210.04 mi88, Mill Road, Hamilton, Lanarkshire ML3 8HY2
£64K08/210.05 mi94, Mill Road, Hamilton, Lanarkshire ML3 8HY2
£70K02/210.09 mi66, Mill Road, Hamilton, Lan ML3 8HX2
£72.5K03/240.11 mi1, Mill Grove, Hamilton, Lan ML3 6TS2
£64K03/210.13 mi111, Alness Street, Hamilton, Lanarkshire ML3 6TQ2
£95K09/210.17 mi111, Hall Street, Hamilton, Lanarkshire ML3 6RY2
£52.5K12/210.17 mi14, Valley Court, Hamilton ML3 8HW2
£65K04/210.32 mi58, Neilsland Road, Hamilton, Lan ML3 8HJ2
£50K01/210.37 mi25, Wylie Street, Hamilton, Lanarkshire ML3 6RL2
£72K08/210.47 mi9, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£95.3K12/210.47 mi24, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£85K03/210.47 mi24, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£155K08/210.58 mi2/7, Park Road, Hamilton, Lanarkshire ML3 6PD2
£105K03/210.59 mi8, Kemp Court, Hamilton, Lanarkshire ML3 6QF2
£158K08/210.6 mi19/6, Union Street, Hamilton, Lanarkshire ML3 6PD2
£70K12/210.6 mi24, Orchard Street, Hamilton, Lanarkshire ML3 6PB2
£78.4K03/240.66 mi46, Strathaven Road, Hamilton, Lan ML3 7RE2
£64K10/210.66 mi23, Swisscot Avenue, Hamilton, Lanarkshire ML3 8DN2
£138K06/210.69 mi52, Woodburn Park, Hamilton ML3 6AL2
£127K06/210.7 mi17, Neilsland Drive, Hamilton, Lan ML3 8AJ2
£53K09/210.71 mi26, Kintore Park, Hamilton, Lanarkshire ML3 8DH2
£55K11/210.73 mi33, Bonnyton Lane, Hamilton ML3 8DU2
£57K05/210.76 mi1, Balmore Drive, Hamilton, Lanarkshire ML3 8DB2
£71K03/210.76 mi31, Fairhill Place, Hamilton ML3 8AH2
£131K05/210.84 mi9, Muirhill Court, Hamilton ML3 6DR2
£117.5K08/210.87 mi51, Clydesdale Street, Hamilton ML3 0DD2
£85K02/210.87 mi7, Saffronhall Lane, Hamilton, Lan ML3 6LS2
£95K11/210.93 mi36a, Cadzow Street, Hamilton ML3 6DG2
£80K11/210.94 mi23, Common Green, Hamilton, Lanarkshire ML3 6BL2
£67K06/210.96 mi11, Hillhouse Road, Hamilton, Lanarkshire ML3 9TB2
£125K03/240.97 mi19, Coll Lea, Hamilton, Lan ML3 8BW2
£122K05/210.99 mi3, Avonbridge Drive, Hamilton, Lanarkshire ML3 7EG2
£105K09/210.99 mi4/4, Redwood Lane, Hamilton ML3 8SS2
£96K04/210.99 mi6/4, Redwood Lane, Hamilton ML3 8SS2
£117.3K09/210.99 mi6/3, Redwood Lane, Hamilton ML3 8SS2
£57.6K05/211 mi60, Marswood Green, Hamilton, Lanarkshire ML3 9EE2

Local Rents

21 rents from £580/mo to £950/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£89503/250.12 mi-2
£69504/250.13 mi-2
£75003/250.15 mi-2
£69505/240.17 mi-2
£60012/240.17 miValley Court, South Lanarkshire, Hamilton, ML32
£82506/240.3 mi-2
£65006/240.31 miGlebe Street, Hamilton, Lanarkshire, ML32
£79503/250.34 mi-2
£72501/250.36 mi-2
£79505/240.36 mi-2
£62506/240.37 miSt Annes Court, Hamilton2
£69506/240.39 miMorgan Street, Hamilton2
£79505/240.42 mi-2
£95003/250.45 mi-2
£75012/240.58 miPark Road, Hamilton, Lanarkshire, ML32
£79505/240.59 miQuarry Street, Hamilton, Lanarkshire, ML32
£65005/240.59 miKemp Court, Hamilton, South Lanarkshire, ML32
£58005/240.6 mi-2
£67505/240.6 miOrchard Street, Hamilton, Lanarkshire, ML32
£80003/250.61 mi-2
£80004/250.61 mi-2

Property History

Listed for £89,995

February 3, 2025

Floor Plans

Description

  • Upper Cottage Apartment +
  • Two Bedrooms +
  • Front facing lounge +
  • Fitted Kitchen +
  • Fitted Bathroom +
  • Beautifully Presented +
  • Garden +
  • On street parking +
  • Close to amenties +

*CLOSING DATE WEDNESDAY 12TH FEBRUARY @ 12 NOON*
Set within a popular area of Hamilton and offering spacious accommodation over one level lies this well-proportioned two-bedroom upper-cottage apartment. The property offers a fantastic location for nearby amenities and would be a great opportunity for the first-time buyer market or downsizer.

On arrival at the property, you are welcomed by on-street parking for residents and visitors. The property further benefits from landscaped garden grounds at the rear.

Internally the accommodation comprises a reception hallway, a bright and spacious lounge that leads to a fully-fitted modern kitchen with space for dining, two double bedrooms, and a modern three-piece shower room.

Early viewing is highly advised on this wonderful home.

Location

The property for sale enjoys a highly central and convenient location that offers immediate access to a host of amenities and Hamilton town centre. There is a variety of supermarkets, local shops, and a fabulous range of leisure facilities within the nearby Hamilton Palace sports facility. There is established schooling at both primary and secondary levels whilst, in addition, there is ready access to the M74 motorway network which connects to the central belt and beyond.

Agent Details

Momo Homes, Hamilton

01698 538053

Next Steps?

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