3 Bed Terraced House, Single Let, Hamilton, ML3 8NA, £150,000

38 Neilsland Road, Hamilton, ML3 8NA - 2 months ago

BTL
ROI: 2%
~93 m²
+17 photos

ValuationFair Value

Sold Prices£75K - £248.6K

 

 

Square Metres

~93 m²

Value Estimate

£148,315

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£580 - £1,395

Rent Estimate

£686

Running Costs/mo

£626

Cashflow/mo

£60

Cashflow/yr

£721

ROI

2%

Gross Yield

5%

Local Sold Prices

32 sold prices from £75K to £248.6K, average is £159.8K.

PriceDateDistanceAddressBeds 
£180K07/210.28 mi53, Rosevale Crescent, Hamilton, Lanarkshire ML3 8NX3
£148.1K02/210.28 mi87, Rosevale Crescent, Hamilton, Lan ML3 8NX3
£83K01/210.33 mi58, Woodhead Green, Hamilton, Lan ML3 8TN3
£131.5K06/210.48 mi5, Tweedsmuir Park, Hamilton, Lanarkshire ML3 8AT3
£75K03/240.51 mi24, Gullane Court, Hamilton, Lan ML3 8DS3
£100K10/210.51 mi2, Gullane Court, Hamilton ML3 8DS3
£148.3K05/210.51 mi10, Etive Avenue, Hamilton, Lanarkshire ML3 8UW3
£135K09/210.52 mi30, Swisscot Avenue, Hamilton, Lanarkshire ML3 8DW3
£185.6K08/210.54 mi68, Scott Street, Hamilton, Lanarkshire ML3 6SE3
£148K01/210.69 mi121, Wellhall Road, Hamilton, Lan ML3 9XN3
£240.1K07/210.69 mi9, Cairngorm Court, Hamilton ML3 8JF3
£195K07/210.72 mi93, Rederech Crescent, Hamilton, Lanarkshire ML3 8QE3
£157.5K04/210.76 mi1, Eriskay Avenue, Hamilton, Lanarkshire ML3 8QB3
£211.5K08/210.77 mi10, Meikle Crescent, Hamilton ML3 7QA3
£162K03/240.79 mi15, Gilmour Drive, Hamilton, Lan ML3 9UQ3
£220K11/210.81 mi15, Arran Gardens, Hamilton, Lanarkshire ML3 7NZ3
£186K06/210.82 mi15, Cypress Court, Hamilton, Lanarkshire ML3 7LU3
£180.4K06/210.82 mi44, Bourtree Road, Hamilton, Lanarkshire ML3 8PT3
£248.6K12/210.82 mi42, Bourtree Road, Hamilton, Lanarkshire ML3 8PT3
£112K01/210.84 mi65, Loudonhill Avenue, Hamilton ML3 7RX3
£149K11/210.86 mi44, Avonbank Crescent, Hamilton, Lanarkshire ML3 7PD3
£170K01/210.87 mi133, Silvertonhill Avenue, Hamilton, Lan ML3 7PA3
£165K07/210.87 mi107, Silvertonhill Avenue, Hamilton, Lanarkshire ML3 7PA3
£110.5K01/210.88 mi51, Leys Park, Hamilton, Lanark ML3 9EQ3
£170K03/210.88 mi5, Grant Court, Hamilton ML3 7UT3
£103.5K10/210.88 mi24, Hillhouse Crescent, Hamilton ML3 9TF3
£219.6K04/210.94 mi92, Argyle Drive, Hamilton, Lanarkshire ML3 9EG3
£125.1K09/210.95 mi38, Blair Atholl Gardens, Hamilton ML3 9FF3
£185K10/210.96 mi150, Chatelherault Crescent, Hamilton, Lanarkshire ML3 7PW3
£76K03/210.97 mi15, Thornton Place, Hamilton, Lanarkshire ML3 7SD3
£197.6K05/210.99 mi51, Avonbrae Crescent, Hamilton, Lanarkshire ML3 7PH3
£126K10/211 mi25, Gordon Terrace, Hamilton, Lanarkshire ML3 9LQ3

Local Rents

21 rents from £580/mo to £1.4K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£77505/240.32 miArbroath Grove, Hamilton, South Lanarkshire, ML3 8PF3
£97012/240.43 mi-3
£82505/240.46 mi-3
£80005/240.58 mi6 Downfield Drive Hamilton ML3 8DG3
£79512/240.62 mi-3
£89505/240.69 miWellhall Road, Hamilton, Lanarkshire, ML33
£87505/240.79 miGilmour Drive, Hamilton3
£1,30005/240.84 miPortland Place, Hamilton, Lanarkshire, ML33
£1,30006/240.86 miCorsehill Crescent, Hamilton, South Lanarkshire, ML3 8FE3
£85005/240.88 miMontrose Crescent, Hamilton3
£79512/240.88 miLinden Lea, Hamilton, South Lanarkshire, ML3 9AD3
£87512/240.94 miQuarry Street, Hamilton3
£85012/240.97 mi-3
£1,29512/241.04 mi-3
£75011/241.1 mi-3
£58009/241.11 mi-3
£1,39512/241.11 miCadzow Street, Hamilton, South Lanarkshire, ML33
£1,25012/241.12 mi-3
£82506/241.17 miClydesdale Ave, Hamilton3
£1,20004/251.17 mi-3
£1,10001/251.2 mi-3

Local Area Statistics

Population in Hamilton

51,585

Town centre distance

0.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £150,000

March 7, 2025

Floor Plans

Description

We are delighted to bring to the market this fantastic three-bed End-terrace property, set in a popular family-friendly area that's known for its neighbourly spirit. This delightful and charming property makes a perfect place to come home to and it's presented in walk-in condition.

The generous accommodation comprises a welcoming entrance area with storage, leading through to a bright and spacious lounge/diner. Given its shape the free-flowing space would suit a range of furniture configurations and the design of the space affords plenty of room for a formal dining table. The kitchen area offers plenty of space and makes a fantastic hub around mealtimes. It's perfect for the home, finished in a range of white fitted units, with a gas hob, electric oven with ample space for under-counter free-standing fridge, freezer and washing machine. It's a well-equipped space for any chef to serve up a marvellous meal.

The beautifully tiled wet-room is a real wow, finished with a white toilet and sink and a high performance mains shower set within a large doorless shower enclosure. There are three good-sized bedrooms in this lovely home, all with ample space for free-standing furniture. There is also ample cupboard space throughout the property to help keep everything clutter-free and in its place.

The home is kept warm and comfortable via double glazing and combi-boiler gas central heating. The large rear garden is laid to lawn and has a fantastic sun-patio area, on sunnier days it offers a great outdoor space to relax and unwind.

This great home would make an ideal buy for many young couples or families, or even a great investment property for a smart Buy-To-Let investor. Early viewing is strongly advised for anyone seeking a spacious property, in walk-in condition, in a popular family area.

Electricity Supply: SP Energy Networks
Water Supply: Scottish Water
Sewerage: Scottish Water
Broadband / Mobile Coverage: Full 4G coverage, limited 3G and 5G.

Agent Details

McEwan Fraser Legal, Edinburgh

0131 381 4292

Next Steps?

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