Back to Auction House

One-bedroom first floor flat for renovation

Hamilton, ML3 - Get Access

1 bed 1 bath

Description

This one-bedroom first-floor flat on John Street, Hamilton, offers an excellent opportunity for investors, landlords, and buyers looking for a renovation project. Offered at an attractive guide price, the accommodation comprises an open plan lounge and kitchen, a double bedroom with built-in storage, and a bathroom. The property requires refurbishment, providing scope for a purchaser to modernise and enhance the accommodation to their own specification. Features include gas central heating, on-street parking, and access to a well-maintained shared rear garden. With potential rental income of approximately £448 PCM (£5,376 PA) according to current LHA rates, the property offers an attractive rental investment opportunity, subject to the required works. EPC Rating D. Council Tax Band A. John Street is conveniently situated within Hamilton, close to the town centre and a wide range of everyday amenities. Hamilton provides an extensive selection of shops, supermarkets, restaurants, banks, leisure facilities, schools, and local services, with the town centre offering a broad range of retail and commercial amenities. The property also benefits from excellent public transport connections, with Hamilton Central railway station providing regular ScotRail services and Hamilton Bus Station offering local and regional bus services. Hamilton also provides convenient road access to the wider Central Scotland motorway network, making the location suitable for commuters travelling throughout South Lanarkshire and towards Glasgow and surrounding areas.
Comparable sales
17, John Street, ML3 7EU 0.0 mi
Flat
£92,500
1 year ago
15, John Street, ML3 7EU 0.0 mi
Flat
£100,000
3 years ago
17, John Street, ML3 7EU 0.0 mi
Flat
£92,500
1 year ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 480 sq ft

This traditional one-bedroom tenement flat in central Hamilton was valued by examining local market evidence from similar properties in the immediate area. The property's condition, which currently requires comprehensive modernisation and repairs throughout, was factored in alongside its estimated floor area of 480 sq ft derived from internal layout estimations.

Unlock the full valuation
  • Exact estimated value and full value range
  • Detailed written analysis of how we reached this estimate
Unlock full report