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Description

  • Status:
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 1
  • Council Tax: Search

**DEVELOPMENT OPPORTUNITY** Former rented property in Heart of Hamilton in HIGH TENANT DEMAND area. Potential rental income at £6000 per Annum - rental YIELD 20% at guide.

Comprises - hall, lounge with fully fitted kitchen off, double bedroom and bath room. Property in walk in condition excepting some minor upgrading required to Lounge due to water ingress.

Property is further enhanced by a system of electric storage heating, UPVC double glazing and communal storage/drying area. Rooms have been finished to a good standard inc solid wood replacement doors

Close to Hamilton town centre - formerly tenanted with long term tenant. Well maintained block - off main bus route to town centre. IDEAL FOR RENTAL post renovation works required.

**COMPARABLE SALES** 1 Bed Arden Court sold £42,500 in 2023**1 Bed Arden Court sold 2021 at £47,000**1 Bed Arden Court sold £39,995 in 2021**2 Bed Arden Court sold 2024 at £80,000**

**DEVELOPMENT OPPORTUNITY** Former rented property in Heart of Hamilton in HIGH TENANT DEMAND area. Potential rental income at £6000 per Annum - rental YIELD 20% at guide. Comprises - hall, lounge with fully fitted kitchen off, double bedroom and bath room. Property in walk in condition excepting some minor upgrading required to Lounge due to water ingress. Property is further enhanced by a system of electric storage heating, UPVC double glazing and communal storage/drying area. Rooms have been finished to a good standard including solid wood replacement doors and skirting. Close to Hamilton town centre - formerly tenanted with long term tenant. Well maintained block - off main bus route to town centre. IDEAL FOR RENTAL post renovation works required.

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 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: 105 Arden Court, Hamilton, ML3 6TX

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Pricing Information & Bidding

Opening Bid: £23,000

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).

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SPECIAL Terms of Sale

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

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Auction Details

Date & Time: 26 June 2025, 10am-3pm
Type: Timed Online Auction

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