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Map & Location

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Description

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

Two Bedroom Traditional Lower Conversion of a red sandstone building within the centre of Hamilton. Property features enclosed rear gardens. Within walking distance of Hamilton town centre amenities.

The accommodation comprises of entrance hallway, living room, kitchen, two bedrooms and bathroom. The property is situated in an established traditional area of Hamilton. Sought After Locale.

Located to the south of Hamilton West train station (HNW) offering links to Glasgow Central. Currently tenanted at £700 per month (should be in the region of £1000 per month) on PRT agreement.

Transport National Rail - Hamilton West (ScotRail). Hamilton is home to a wide variety of bars and restaurants as well as excellent shopping facilities and sports amenities. Freehold Residential Sale.

Close to town centre. Hamilton is approximately 12 miles south-east of Glasgow city centre. Hamilton has a local population of approximately 50,000 persons.

Two Bedroom Traditional Lower Conversion of a red sandstone building within the centre of Hamilton. Property features enclosed rear gardens. Within walking distance of Hamilton town centre amenities. Main Door Lower Flat. The accommodation comprises of entrance hallway, living room, kitchen, two bedrooms and bathroom. The property is situated in an established traditional area of Hamilton. Sought After Locale. Located to the south of Hamilton West train station (HNW) offering links to Glasgow Central. Currently tenanted at £700 per month (should be in the region of £1000 per month) on PRT agreement. LOCAL SALES: 24 Burnbank Road, Hamilton, Lanarkshire, ML3 9AA sold for £125,000 (October 2022). 20 Burnbank Road, Hamilton, ML3 9AA sold for £140,000 (December 2020). 15 Burnbank Road, Hamilton, ML3 9AA sold for £147,500 (April 2015).

Hamilton has a wide variety of restaurants, public houses and bistros. Excellent public transport with regular bus and trains to the surrounding towns and cities including Glasgow and Edinburgh. For those commuting by car there is the convenience of the M74 motorway with access both north and southbound and access to the East Kilbride expressway Glasgow City Centre and M8 motorway. Hamilton has vastly grown and caters to a wide range of buyers with a selection of bars, restaurants, bistros, supermarkets, retail parks and gymnasiums. The town offers a selection of primary and secondary schooling with highly regarded, fee paying Hamilton College within close proximity. The train links in Hamilton offer access to Glasgow and beyond and also motorway links provide access to all of the central belt and beyond.

Full Address: 22 Burnbank Road, Hamilton, ML3 9AA

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £8,400 per year / £700 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: Currently tenanted at £700 per month (should be in the region of £1000 per month) on PRT agreement. Managed by Landlord. No agency fees.

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Pricing Information & Bidding

Opening Bid: £94,000

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.

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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.

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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.

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Auction Details

Date & Time: 06 March 2025, 10am-3pm
Type: Timed Online Auction

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