BIDDING OPENS in...
Map   Street View   Satellite

Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

TENANTED INVESTMENT PROPERTY*** Large TWO bedroom semi-detached villa located in quiet residential area of Hamilton. IMMEDIATE RETURN ON INVESTMENT***

Comprises; Entrance hallway, Living Room, Kitchen, Two bedrooms and Bathroom. Front, rear and side garden. On street parking available.

PRIME BUY-TO-LET*** Currently LET at £525pcm (£6,300 Per annum) low rent for this area, similar properties let for £795pcm (£9,540 Per Annum). HIGH TENANT DEMAND LOCATION***

Local Sales Evidence; 47, Belhaven Road, Hamilton, ML3 9RR (2 bed) recently SOLD for £102,000 in Feb 2023*** 33 Wellcroft Terrace, Hamilton, ML3 9SF (2 bed) recently SOLD for £97,000 in July 2023***

Regular bus and train links to the surrounding towns including East Kilbride, Motherwell, Glasgow and Edinburgh. The nearby M74 motorway provides excellent road links throughout the West of Scotland.

TENANTED INVESTMENT PROPERTY*** Large TWO bedroom semi-detached villa located in quiet residential area of Hamilton. IMMEDIATE RETURN ON INVESTMENT*** Comprises; Entrance hallway, Living Room, Kitchen, Two bedrooms and Bathroom. Front, rear and side garden. On street parking available. PRIME BUY-TO-LET*** Currently LET at £525pcm (£6,300 Per annum) low rent for this area, similar properties let for £795pcm (£9,540 Per Annum). HIGH TENANT DEMAND LOCATION*** Local Sales Evidence; 47, Belhaven Road, Hamilton, ML3 9RR (2 bed) recently SOLD for £102,000 in Feb 2023*** 33 Wellcroft Terrace, Hamilton, ML3 9SF (2 bed) recently SOLD for £97,000 in July 2023*** Regular bus and train links to the surrounding towns including East Kilbride, Motherwell, Glasgow and Edinburgh. The nearby M74 motorway provides excellent road links throughout the West of Scotland.

Regular bus and train links to the surrounding towns including East Kilbride, Motherwell, Glasgow and Edinburgh. The nearby M74 motorway provides excellent road links throughout the West of Scotland.

Full Address: 203 Townhill Road, Hamilton, ML3 9RW

Show More

Tenancy Details

Type of Agreement: Basic Lease
Length: rolling
Rent: £6,300 per year / £525 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: tenants have been in situ since 2015

Document Downloads

Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £72,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue

Similar Properties


Lot 163
£141,000 OPENING BID
  • IMMEDIATE INCOME PRODUCING INVESTMENT. Tenanted 2 bedroom terraced house in extremely po...
Lot 255
£72,000 OPENING BID
  • TENANTED INVESTMENT PROPERTY*** Large TWO bedroom semi-detached villa located in quiet re...