Igloo says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in Hamilton, South Lanarkshire, Scotland. The list price is £65,000, and the property has 197 sqft of living space and a 787 sqft plot. The average price per sqft in the area is £527. Based on the provided images, the property appears to be in reasonable condition. The interior is presented well, with modern furnishings and décor. While no major issues are immediately apparent, a more thorough inspection would be needed to assess the overall condition accurately. The property’s location in Hamilton provides access to several nearby train stations, with Hamilton West being the closest at 1.24km. The proximity to these stations is a positive aspect for commuters. However, information on nearby schools and other amenities is lacking, preventing a complete assessment of the location’s desirability. The plot size of 787 sqft is relatively small for a property of this type, especially compared to the average property size in the area. This limits the potential for outdoor space. Considering the list price of £65,000, the average price per sqft in the area (£527) and the size of this property (197 sqft), a simple calculation suggests a price per sqft of approximately £327. This is significantly lower than the area average. However, the smaller plot size and lack of information regarding the property’s condition and amenities need to be considered. Further, the nearby comparable properties are priced between £55,000 and £120,000, which indicates that the property’s price is within a reasonable range. A detailed survey would be required to give a definitive opinion on the value for money.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images