3 Bed Terraced House, Single Let, Hamilton, ML3 8BX, £112,000

9 Balcomie Terrace, Hamilton, ML3 8BX - a month ago

BTL
ROI: 9%
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£75K - £248.6K

 

 

Square Metres

~93 m²

Value Estimate

£100,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,000

Stamp Duty & Legal Fees

£6,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£775 - £1,300

Rent Estimate

£796

Running Costs/mo

£529

Cashflow/mo

£267

Cashflow/yr

£3,202

ROI

9%

Gross Yield

9%

Local Sold Prices

22 sold prices from £75K to £248.6K, average is £153.8K.

PriceDateDistanceAddressBeds 
£75K03/240.13 mi24, Gullane Court, Hamilton, Lan ML3 8DS3
£100K10/210.13 mi2, Gullane Court, Hamilton ML3 8DS3
£240.1K07/210.15 mi9, Cairngorm Court, Hamilton ML3 8JF3
£83K01/210.25 mi58, Woodhead Green, Hamilton, Lan ML3 8TN3
£135K09/210.32 mi30, Swisscot Avenue, Hamilton, Lanarkshire ML3 8DW3
£131.5K06/210.36 mi5, Tweedsmuir Park, Hamilton, Lanarkshire ML3 8AT3
£148.3K05/210.43 mi10, Etive Avenue, Hamilton, Lanarkshire ML3 8UW3
£211.5K08/210.52 mi10, Meikle Crescent, Hamilton ML3 7QA3
£170K03/210.63 mi5, Grant Court, Hamilton ML3 7UT3
£76K03/210.77 mi15, Thornton Place, Hamilton, Lanarkshire ML3 7SD3
£180K07/210.78 mi53, Rosevale Crescent, Hamilton, Lanarkshire ML3 8NX3
£148.1K02/210.78 mi87, Rosevale Crescent, Hamilton, Lan ML3 8NX3
£150K05/210.79 mi11, Forest Avenue, Hamilton, Lanarkshire ML3 7SE3
£177K05/210.82 mi18, Windemere Gardens, Hamilton, Lanarkshire ML3 7HL3
£195K07/210.82 mi93, Rederech Crescent, Hamilton, Lanarkshire ML3 8QE3
£157.5K04/210.82 mi1, Eriskay Avenue, Hamilton, Lanarkshire ML3 8QB3
£180.4K06/210.85 mi44, Bourtree Road, Hamilton, Lanarkshire ML3 8PT3
£248.6K12/210.85 mi42, Bourtree Road, Hamilton, Lanarkshire ML3 8PT3
£148K01/210.88 mi121, Wellhall Road, Hamilton, Lan ML3 9XN3
£185.6K08/210.92 mi68, Scott Street, Hamilton, Lanarkshire ML3 6SE3
£112K01/210.92 mi65, Loudonhill Avenue, Hamilton ML3 7RX3
£162K03/240.99 mi15, Gilmour Drive, Hamilton, Lan ML3 9UQ3

Local Rents

11 rents from £775/mo to £1.3K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£82505/240.17 mi-3
£80005/240.26 mi6 Downfield Drive Hamilton ML3 8DG3
£1,30006/240.34 miCorsehill Crescent, Hamilton, South Lanarkshire, ML3 8FE3
£77505/240.86 miArbroath Grove, Hamilton, South Lanarkshire, ML3 8PF3
£89505/240.88 miWellhall Road, Hamilton, Lanarkshire, ML33
£97012/240.9 mi-3
£79512/240.95 mi-3
£82506/240.96 miClydesdale Ave, Hamilton3
£87505/240.99 miGilmour Drive, Hamilton3
£1,20004/251.03 mi-3
£1,10001/251.08 mi-3

Local Area Statistics

Population in Hamilton

51,585

Town centre distance

0.66 miles away

Nearest school

0.20 miles away

Nearest train station

1.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £112,000

March 17, 2025

Floor Plans

Description

  • Spacious Rooms +
  • Perfect For First Time Buyers +
  • Fantastic Views +
  • 3D Virtual Tour Available +
  • Central Location +

This fantastic home in Hamilton, is perfect for first time buyers looking to put their own stamp on a property. With spacious interiors, great storage solutions, and a private back garden, this home offers plenty of potential for those looking for a well located and versatile living space.

Five things our current owners love about this home;

1 . Stunning views overlooking Hamilton.

2 . Plenty of storage throughout the home.

3. Spacious rooms, offering flexible living.

4 .Private back garden, perfect for outdoor enjoyment.

5 .Excellent location, close to local amenities and transport links.

The large living room is bright and airy, with windows on both sides allowing natural light to flood in. The kitchen provides ample storage solutions and is ready for a new owner to personalise to their taste.

Upstairs, there are three spacious bedrooms, all with built-in storage. The master and second bedroom are generous double rooms, while the third bedroom would be ideal as a dressing room, home office, or nursery. A modern wet room bathroom is both stylish and practical.

Outside, the private back garden provides a great space to relax or entertain.

Say YES to the address @uploadabode

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Upload Abode, Lanarkshire and Glasgow

01698 538778

Next Steps?

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