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

St. Giles Way, Hamilton, South Lanarkshire, ML3 8PG - a month ago

Sold STC
BTL
ROI: 17%
~68 m²
+8 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

£667

Running Costs/mo

£372

Cashflow/mo

£295

Cashflow/yr

£3,538

ROI

17%

Gross Yield

11%

Local Sold Prices

46 sold prices from £50K to £158K, average is £70K.

PriceDateDistanceAddressBeds 
£72K08/210.12 mi9, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£95.3K12/210.12 mi24, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£85K03/210.12 mi24, Nethan Gate, Hamilton, Lanarkshire ML3 8NH2
£52.5K12/210.28 mi14, Valley Court, Hamilton ML3 8HW2
£72.5K03/240.35 mi1, Mill Grove, Hamilton, Lan ML3 6TS2
£64K08/210.41 mi94, Mill Road, Hamilton, Lanarkshire ML3 8HY2
£83K08/210.42 mi88, Mill Road, Hamilton, Lanarkshire ML3 8HY2
£65K04/210.43 mi58, Neilsland Road, Hamilton, Lan ML3 8HJ2
£70K02/210.51 mi66, Mill Road, Hamilton, Lan ML3 8HX2
£64K03/210.53 mi111, Alness Street, Hamilton, Lanarkshire ML3 6TQ2
£67K06/210.56 mi11, Hillhouse Road, Hamilton, Lanarkshire ML3 9TB2
£57.6K05/210.57 mi60, Marswood Green, Hamilton, Lanarkshire ML3 9EE2
£50K01/210.6 mi25, Wylie Street, Hamilton, Lanarkshire ML3 6RL2
£95K09/210.62 mi111, Hall Street, Hamilton, Lanarkshire ML3 6RY2
£117.5K08/210.64 mi51, Clydesdale Street, Hamilton ML3 0DD2
£155K08/210.67 mi2/7, Park Road, Hamilton, Lanarkshire ML3 6PD2
£158K08/210.68 mi19/6, Union Street, Hamilton, Lanarkshire ML3 6PD2
£70K08/210.68 mi53, Shawburn Street, Hamilton, Lanarkshire ML3 9DU2
£103K12/210.69 mi40, William Street, Hamilton, Lanarkshire ML3 9AX2
£67K07/210.71 mi104, Kenilworth Crescent, Hamilton ML3 9LT2
£70K12/210.72 mi24, Orchard Street, Hamilton, Lanarkshire ML3 6PB2
£50K11/210.72 mi159, Hill Street, Hamilton, Lanarkshire ML3 9LJ2
£60K09/210.73 mi54, Roseberry Place, Hamilton, Lanarkshire ML3 9EP2
£138K06/210.76 mi52, Woodburn Park, Hamilton ML3 6AL2
£125K03/240.76 mi19, Coll Lea, Hamilton, Lan ML3 8BW2
£59.5K01/210.79 mi50, King Street, Hamilton, Lanarkshire ML3 9JH2
£64K04/210.79 mi4, Mayfield Road, Hamilton, Lanarkshire ML3 9LN2
£70K10/210.79 mi47, Gordon Road, Hamilton, Lanarkshire ML3 9LG2
£105K03/210.79 mi8, Kemp Court, Hamilton, Lanarkshire ML3 6QF2
£62K12/210.79 mi9, George Court, Hamilton ML3 0NX2
£50K05/210.81 mi40, George Court, Hamilton, Lanarkshire ML3 9HG2
£66.5K07/210.84 mi8, Livingstone Street, Hamilton ML3 9LW2
£57K05/210.84 mi1, Balmore Drive, Hamilton, Lanarkshire ML3 8DB2
£131K05/210.84 mi9, Muirhill Court, Hamilton ML3 6DR2
£85K02/210.84 mi7, Saffronhall Lane, Hamilton, Lan ML3 6LS2
£64K10/210.87 mi23, Swisscot Avenue, Hamilton, Lanarkshire ML3 8DN2
£55K04/210.89 mi39, Holyrood Street, Hamilton, Lanarkshire ML3 0NG2
£55K11/210.89 mi33, Bonnyton Lane, Hamilton ML3 8DU2
£53K09/210.9 mi26, Kintore Park, Hamilton, Lanarkshire ML3 8DH2
£100K10/210.92 mi127, Caird Street, Hamilton, Lanarkshire ML3 0AL2
£127K06/210.95 mi17, Neilsland Drive, Hamilton, Lan ML3 8AJ2
£105K09/210.98 mi4/4, Redwood Lane, Hamilton ML3 8SS2
£96K04/210.98 mi6/4, Redwood Lane, Hamilton ML3 8SS2
£117.3K09/210.98 mi6/3, Redwood Lane, Hamilton ML3 8SS2
£105K09/210.98 mi23, Cypress Lane, Hamilton ML3 8SR2
£71K03/210.99 mi31, Fairhill Place, Hamilton ML3 8AH2

Local Rents

13 rents from £600/mo to £895/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£79502/250.12 mi-2
£77505/240.22 miPhilips Wynd, Hamilton2
£80003/250.24 mi-2
£69505/240.28 mi-2
£60012/240.28 miValley Court, South Lanarkshire, Hamilton, ML32
£69501/250.32 mi-2
£89503/250.36 mi-2
£65006/240.43 miGlebe Street, Hamilton, Lanarkshire, ML32
£75003/250.47 mi-2
£79506/240.49 miKirkfieldbank Way, Hamilton, Lanarkshire, ML32
£79505/240.54 mi-2
£79505/240.57 miSutherland Crescent, Hamilton, Lanarkshire, ML32
£69503/240.59 miBurnbank Road, Hamilton, ML3 9AQ2

Local Area Statistics

Population in Hamilton

51,585

Town centre distance

0.64 miles away

Nearest school

0.40 miles away

Nearest train station

0.63 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 19, 2025

Floor Plans

Description

  • Excellent Storage +
  • Ideal Starter Home or Buy To Let +
  • Well-Proportioned Rooms +
  • Desirable Ground Floor +
  • Ideal Location in Heart of Hamilton +
  • Newly Fitted Bathroom & Electric Shower +
  • White Goods Included +
  • New Carpets & Blinds +

Bohome Estate Agents is delighted to present this well-proportioned two-bedroom ground-floor flat, offering generous living space in a sought-after area of Hamilton. With modern upgrades and fresh décor throughout, excellent transport links, and a prime school catchment, this home is an ideal choice for first-time buyers, investors, or downsizers looking for a move-in-ready property.

Upon entering, the welcoming hallway leads to a bright and spacious open-plan lounge and dining area, providing a comfortable setting for both relaxation and entertaining. The adjoining kitchen is well-equipped with a range of base and wall-mounted units, an electric oven and hob, and a free-standing fridge freezer, and washing machine. A window overlooking the communal garden allows natural light to fill the space.

Both double bedrooms are generously sized, offering ample room for freestanding furniture, with the master bedroom benefitting from a double mirrored wardrobe. The newly fitted modern bathroom is complete with white sanitary ware, chrome finishes, and an electric shower. The property also includes two large storage cupboards in the hallway, new electric heaters, fresh carpets and flooring, new blinds, and double-glazed windows throughout, ensuring energy efficiency and comfort.

Externally, the property offers residents parking facilities and a well-maintained communal garden, providing a pleasant outdoor space..

Situated in a desirable residential area, this flat is within easy reach of local shops, supermarkets, cafés, and leisure facilities. Hamilton town centre is just a short distance away, offering a variety of retail and dining options. Excellent transport links include nearby bus routes and Hamilton's train stations, providing direct access to Glasgow and beyond. The M74 motorway is also easily accessible, making commuting simple and convenient.

This well-presented property offers an excellent opportunity to secure a stylish home in a fantastic location.

Why Bohome Estate Agents?

Bohome Estate Agents is proud to have won Scotland's Business Awards - Best Estate Agent 2023/24 and is a finalist for April 2025. Our commitment to providing exceptional service, achieving the
best results for our clients, and doing '1000 things differently' sets us apart.

Thinking of selling? Book a free, no-obligation valuation with Bohome Estate Agents today and discover how we can help you achieve the best possible price for your home.

Call us, visit or follow @BohomeEstateAgents to arrange a viewing or FREE valuation.

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 💪