2 Bed Terraced House, Single Let, Hamilton, ML3 8TR, £90,000

22 Solway Court, Hamilton, ML3 8TR - 2 months ago

Under Offer
BTL
ROI: 9%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£68K - £266K

 

 

Square Metres

~68.11 m²

Value Estimate

£85,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£600 - £1,000

Rent Estimate

£616

Running Costs/mo

£424

Cashflow/mo

£192

Cashflow/yr

£2,299

ROI

9%

Gross Yield

8%

Local Sold Prices

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

PriceDateDistanceAddressBeds 
£96K03/240.02 mi25, Solway Court, Hamilton, Lan ML3 8TR2
£83K05/210.17 mi26, Woodhead Crescent, Hamilton, Lanarkshire ML3 8TB2
£95K06/210.18 mi9, Carron Court, Hamilton ML3 8TD2
£118K11/210.4 mi23, Fyne Court, Hamilton, Lanarkshire ML3 8UH2
£140.1K11/210.41 mi14, Tarbert Court, Hamilton, Lanarkshire ML3 8UP2
£110.2K12/210.48 mi23, Creran Court, Hamilton, Lanarkshire ML3 8UG2
£120K03/240.5 mi6, Sween Drive, Hamilton, Lan ML3 8UR2
£140K09/210.58 mi31, Hollandbush Grove, Hamilton ML3 8AL2
£140K11/210.64 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
£190.5K04/210.73 mi7, Den Bak Avenue, Hamilton, Lanarkshire ML3 8DA2
£140K08/210.76 mi33, Eliot Crescent, Hamilton, Lan ML3 6SP2
£68K01/210.78 mi45, Chriss Avenue, Hamilton, Lan ML3 7RW2
£87.5K12/210.79 mi44, Chantinghall Road, Hamilton, Lanarkshire ML3 8NG2
£98.5K11/210.87 mi28, Nethan Place, Hamilton, Lanarkshire ML3 7TG2
£266K04/210.91 mi46, South Park Road, Hamilton ML3 6PN2
£90K03/211.06 mi16, Hillhouse Crescent, Hamilton, Lanarkshire ML3 9TF2
£103.5K10/211.07 mi8, Melfort Road, Hamilton, Lan ML3 9UR2
£82K01/211.12 mi94, Clarkwell Road, Hamilton, Lanarkshire ML3 9RQ2
£115K07/211.2 mi118, Hillhouse Road, Hamilton, Lan ML3 9TX2
£72K05/211.2 mi102, Townhill Road, Hamilton, Lanarkshire ML3 9RH2
£101.5K05/211.21 mi21, Belhaven Road, Hamilton, Lanarkshire ML3 9RS2
£120K02/211.24 mi33, Linden Lea, Hamilton, Lan ML3 9AE2
£102.5K04/211.25 mi44, Blair Atholl Gardens, Hamilton, Lanark ML3 9FF2
£116.6K07/211.25 mi28, Blair Atholl Gardens, Hamilton ML3 9FF2
£122K03/241.26 mi10, Alloway Gardens, Hamilton, Lan ML3 9XZ2
£85K10/211.27 mi11, Mayfield Road, Hamilton, Lanarkshire ML3 9LL2
£138.5K12/211.29 mi5, Dunure Drive, Hamilton, Lanarkshire ML3 9EY2
£100K04/211.3 mi25, Argyle Drive, Hamilton, Lanarkshire ML3 9EB2
£121.5K01/211.32 mi5, Ashworth Terrace, Hamilton, Lan ML3 9JQ2
£82K02/211.46 mi235, Townhill Road, Hamilton, Lan ML3 9RW2
£77.5K12/211.46 mi2, Sempie Street, Hamilton ML3 9JL2
£76.1K05/211.5 mi128, Comrie Crescent, Hamilton, Lanarkshire ML3 9QQ2
£80K06/211.52 mi108, Fleming Way, Hamilton, Lanarkshire ML3 9PE2
£88K09/211.58 mi136, Fleming Way, Hamilton, Lanarkshire ML3 9QS2
£106.3K01/211.58 mi152, Fleming Way, Hamilton, Lanarkshire ML3 9QS2
£110K08/211.62 mi184, Brankholm Brae, Hamilton, Lanarkshire ML3 9QR2
£85K02/211.63 mi46, Bryan Street, Hamilton ML3 0JN2
£95.5K12/211.68 mi188, Brankholm Brae, Hamilton, Lanarkshire ML3 9QR2
£145.1K07/211.68 mi154, Brankholm Brae, Hamilton ML3 9QR2
£125K03/241.73 mi54, Windsor Gardens, Hamilton, Lan ML3 0ND2
£163.1K10/211.73 mi47, Russell Street, Hamilton, Lanarkshire ML3 0QW2
£132K09/211.76 mi61, Alford Avenue, Blantyre, Glasgow G72 0GS2
£100K07/211.86 mi28, Victoria Street, Hamilton, Lanarkshire ML3 0LE2
£127.6K03/211.86 mi42, Birdsfield Street, Hamilton ML3 0RD2
£108K01/211.87 mi7, Castle Wynd, Quarter, Hamilton, Lan ML3 7XD2
£77K12/211.9 mi6, Atholl Court, Blantyre, Glasgow, Lanarkshire G72 0YU2
£127.5K10/211.94 mi7, Abbotsford Road, Hamilton ML3 0PL2

Local Rents

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

RentDateDistanceAddressBeds 
£85005/240.02 miSolway Court, Hamilton, ML32
£79505/240.29 mi-2
£79505/240.3 mi-2
£75005/240.38 mi-2
£80003/250.55 mi-2
£92512/240.58 mi-2
£89503/250.58 mi-2
£65012/240.61 miStrathaven Road, Hamilton, South Lanarkshire, ML3 7RE2
£60012/240.62 miValley Court, South Lanarkshire, Hamilton, ML32
£69505/240.62 mi-2
£62506/240.64 miSt Annes Court, Hamilton2
£79503/250.65 mi-2
£82506/240.68 mi-2
£69504/250.68 mi-2
£95003/250.76 mi-2
£72501/250.78 mi-2
£75003/250.81 mi-2
£77505/240.86 miPhilips Wynd, Hamilton2
£65006/240.94 miGlebe Street, Hamilton, Lanarkshire, ML32
£73505/240.97 mi-2
£75003/250.97 mi-2
£80003/250.98 mi-2
£80004/250.98 mi-2
£79506/241.02 miKirkfieldbank Way, Hamilton, Lanarkshire, ML32
£65005/241.04 mi-2
£65005/241.04 mi-2
£75006/241.05 miDurisdeer Drive, High Earnock2
£69506/241.05 miMorgan Street, Hamilton2
£79506/241.12 mi-2
£79506/241.12 miAilsa Court, Hamilton, ML32
£79505/241.17 miSutherland Crescent, Hamilton, Lanarkshire, ML32
£1,00012/241.18 mi-2
£65006/241.19 miGordon Terrace, Hamilton2
£75012/241.22 miPark Road, Hamilton, Lanarkshire, ML32
£96002/251.23 mi-2

Local Area Statistics

Population in Hamilton

51,585

Town centre distance

0.52 miles away

Nearest school

0.20 miles away

Nearest train station

1.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £90,000

February 7, 2025

Floor Plans

Description

  • Bright mid terraced villa +
  • Popular residential address in Woodhead, Hamilton +
  • Great size living space over 2 level +
  • Open plan lounge to modern dining kitchen +
  • 2 fabulous double bedrooms +
  • White 3-piece bathroom & shower over the bath +
  • Enclosed front & rear garden +
  • Double glazing, electric heating & residents parking +
  • Ideal 1st time buy or investor home +
  • Early viewing advised! +

Presenting a contemporary 2-bedroom mid-terraced house, this bright mid-terraced villa is a delightful opportunity located at a popular residential address in Woodhead, Hamilton.

Step inside this property and be greeted by a great size living space spread over two levels. The open plan lounge seamlessly flows into the dining kitchen, providing a versatile and inviting area for relaxation and entertaining.

The property boasts two fabulous double bedrooms, offering ample space and comfort for residents. A pristine white 3-piece bathroom completes the upper level, featuring a shower over the bath for added convenience.

This mid-terraced villa comes with the added appeal of an enclosed front and rear garden, perfect for enjoying the outdoor space in privacy. The property is further enhanced by double glazing, electric heating, and residents parking.

Whether you are a first-time buyer looking to step onto the property ladder, or an investor seeking a promising opportunity, this property serves as an ideal choice. Its attractive features, combined with its location and practical amenities, make it a highly desirable home offering both comfort and investment potential.

This property in Woodhead, Hamilton is an excellent prospect for those looking for a warm and welcoming living space in a sought-after area.

Early viewing is highly recommended to fully appreciate all that this property has to offer. Book your viewing today and step into the future of comfortable and convenient living.

Contact us now to arrange a viewing and seize the chance to make this mid-terraced villa your own.
EPC Rating: E

Agent Details

Housespotters Estate Agents, Covering Central Belt

0141 673 4922

Next Steps?

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