2 Bed Flat, Single Let, Hamilton, ML3 8NG, £69,995

Chantinghall Road, Hamilton, South Lanarkshire, ML3 8NG - 2 months ago

Sold STC
BTL
ROI: 18%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£50K - £158K

 

 

Square Metres

~68.11 m²

Value Estimate

£62,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,499

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,799

 

 

Cash Out

 

Rent Range

£600 - £895

Rent Estimate

£684

Running Costs/mo

£376

Cashflow/mo

£308

Cashflow/yr

£3,702

ROI

18%

Gross Yield

12%

Local Sold Prices

42 sold prices from £50K to £158K, average is £69K.

PriceDateDistanceAddressBeds 
£72K08/210.05 mi9, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£95.3K12/210.05 mi24, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£85K03/210.05 mi24, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£52.5K12/210.3 mi14, Valley Court, Hamilton ML3 8HW2
£72.5K03/240.34 mi1, Mill Grove, Hamilton, Lan ML3 6TS2
£64K08/210.42 mi94, Mill Road, Hamilton, Lanarkshire ML3 8HY2
£83K08/210.42 mi88, Mill Road, Hamilton, Lanarkshire ML3 8HY2
£65K04/210.48 mi58, Neilsland Road, Hamilton, Lan ML3 8HJ2
£64K03/210.52 mi111, Alness Street, Hamilton, Lanarkshire ML3 6TQ2
£70K02/210.52 mi66, Mill Road, Hamilton, Lan ML3 8HX2
£57.6K05/210.55 mi60, Marswood Green, Hamilton, Lanarkshire ML3 9EE2
£50K01/210.56 mi25, Wylie Street, Hamilton, Lanarkshire ML3 6RL2
£117.5K08/210.57 mi51, Clydesdale Street, Hamilton ML3 0DD2
£67K06/210.61 mi11, Hillhouse Road, Hamilton, Lanarkshire ML3 9TB2
£155K08/210.61 mi2/7, Park Road, Hamilton, Lanarkshire ML3 6PD2
£158K08/210.62 mi19/6, Union Street, Hamilton, Lanarkshire ML3 6PD2
£95K09/210.63 mi111, Hall Street, Hamilton, Lanarkshire ML3 6RY2
£103K12/210.63 mi40, William Street, Hamilton, Lanarkshire ML3 9AX2
£70K08/210.65 mi53, Shawburn Street, Hamilton, Lanarkshire ML3 9DU2
£70K12/210.66 mi24, Orchard Street, Hamilton, Lanarkshire ML3 6PB2
£138K06/210.7 mi52, Woodburn Park, Hamilton ML3 6AL2
£60K09/210.71 mi54, Roseberry Place, Hamilton, Lanarkshire ML3 9EP2
£67K07/210.72 mi104, Kenilworth Crescent, Hamilton ML3 9LT2
£105K03/210.74 mi8, Kemp Court, Hamilton, Lanarkshire ML3 6QF2
£50K11/210.74 mi159, Hill Street, Hamilton, Lanarkshire ML3 9LJ2
£62K12/210.77 mi9, George Court, Hamilton ML3 0NX2
£131K05/210.77 mi9, Muirhill Court, Hamilton ML3 6DR2
£85K02/210.77 mi7, Saffronhall Lane, Hamilton, Lan ML3 6LS2
£59.5K01/210.78 mi50, King Street, Hamilton, Lanarkshire ML3 9JH2
£50K05/210.78 mi40, George Court, Hamilton, Lanarkshire ML3 9HG2
£64K04/210.8 mi4, Mayfield Road, Hamilton, Lanarkshire ML3 9LN2
£70K10/210.81 mi47, Gordon Road, Hamilton, Lanarkshire ML3 9LG2
£125K03/240.83 mi19, Coll Lea, Hamilton, Lan ML3 8BW2
£66.5K07/210.84 mi8, Livingstone Street, Hamilton ML3 9LW2
£100K10/210.85 mi127, Caird Street, Hamilton, Lanarkshire ML3 0AL2
£55K04/210.85 mi39, Holyrood Street, Hamilton, Lanarkshire ML3 0NG2
£57K05/210.9 mi1, Balmore Drive, Hamilton, Lanarkshire ML3 8DB2
£64K10/210.93 mi23, Swisscot Avenue, Hamilton, Lanarkshire ML3 8DN2
£55K11/210.95 mi33, Bonnyton Lane, Hamilton ML3 8DU2
£53K09/210.95 mi26, Kintore Park, Hamilton, Lanarkshire ML3 8DH2
£80K11/210.97 mi23, Common Green, Hamilton, Lanarkshire ML3 6BL2
£68K10/210.99 mi22, Crawford Street, Hamilton ML3 0QH2

Local Rents

16 rents from £600/mo to £895/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£79502/250.16 mi-2
£80003/250.18 mi-2
£77505/240.24 miPhilips Wynd, Hamilton2
£69505/240.3 mi-2
£60012/240.3 miValley Court, South Lanarkshire, Hamilton, ML32
£69501/250.32 mi-2
£89503/250.37 mi-2
£65006/240.38 miGlebe Street, Hamilton, Lanarkshire, ML32
£75003/250.46 mi-2
£79506/240.51 miKirkfieldbank Way, Hamilton, Lanarkshire, ML32
£69503/240.53 miBurnbank Road, Hamilton, ML3 9AQ2
£79505/240.57 miSutherland Crescent, Hamilton, Lanarkshire, ML32
£79505/240.59 mi-2
£69506/240.6 miMorgan Street, Hamilton2
£72512/240.6 miArgyle Drive, Hamilton2
£75012/240.61 miPark Road, Hamilton, Lanarkshire, ML32

Local Area Statistics

Population in Hamilton

51,585

Town centre distance

0.66 miles away

Nearest school

0.50 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £69,995

February 14, 2025

Floor Plans

Description

  • Desirable First Floor +
  • Ideal Location +
  • Ideal Starter Home or Buy To Let +
  • Well-Proportioned Rooms +
  • Excellent Storage +
  • Spacious Lounge +

Bohome Estate Agents presents this well-proportioned two-bedroom first-floor flat, offering a rare opportunity to buy.
Situated in a popular area of Hamilton, this property provides generous living space, ample storage, and convenient access to local amenities and transport links.

Internally, the property comprises a large open-plan lounge and dining area, offering plenty of space for both relaxation and entertaining. The adjoining kitchen is fitted with a range of base and wall-mounted cabinets, an electric oven, a gas hob, free free-standing SMEG fridge-freezer and space for additional appliances, making it a practical workspace for everyday living.

Both bedrooms are well-proportioned, providing ample room for freestanding furniture, with built-in storage to enhance functionality. The family bathroom is complete with white sanitary ware, chrome finishes, an over-bath shower, and a shower screen.

Additional features include three large storage cupboards in the hallway, gas central heating with a Worcester-Bosch boiler still under guarantee and double-glazed windows throughout, ensuring comfort and energy efficiency.

Externally, the property benefits from residents' parking and communal rear gardens, offering a shared outdoor space for residents.

Located in a sought-after residential pocket of Hamilton, this flat is well-positioned for easy access to local shops, supermarkets, cafés, and leisure facilities. Hamilton town centre is just a short distance away, offering a variety of retail and dining options. The area is well-served by excellent transport links, including nearby bus routes and Hamilton's train stations, providing direct access to Glasgow and beyond. The M74 motorway is also easily accessible for commuters.

This property offers a fantastic opportunity for first-time buyers, investors, or those looking to put their own stamp on a spacious home in a prime Hamilton location.

Call Bohome Estate Agents to arrange your viewing today!

Council Tax Band: A
Tenure: Freehold

Agent Details

Bohome, Hamilton

01698 537685

Next Steps?

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