Mill Road, Hamilton
IG

Mill Road, Hamilton

By Igloo

£ 80,000

Reviews

3 out of 5 stars

Igloo says ..

Hello, have you been waiting for the opportunity to purchase a 2 bedroom, 1st floor flat, freshly redecorated for sale and presented to the market in move in condition? Would you like it to be well placed for local services, amenities and local public transport links? How would you lik (cont.)

Property Oracle says ..

The property is a 2-bedroom flat located in Hamilton, South Lanarkshire, Scotland. It has a relatively small plot size of 747 sqft and a total area of 578 sqft. The property is listed at £80,000. The average price for properties in the area is significantly higher at £628,325, with an average size of 1,191 sqft and an average price per sqft of £527. This suggests that the listed property is priced considerably lower than the average for the area. However, it is important to note the significant difference in size between the listed property and the average property in the area. Based on the provided images, the property appears to be in relatively good condition, although some areas, such as the flooring, require updating or finishing. The kitchen and bathroom appear to be recently renovated or updated. The property benefits from having a small, paved outdoor area. The property’s proximity to Hamilton West and Hamilton Central train stations is a positive aspect, offering convenient access to public transportation. However, there is no information provided about the proximity to schools or shops. Considering the lower price point compared to the average property price in the area, the smaller size, and the apparent need for some finishing work, the property could represent reasonable value for money, particularly for first-time buyers or investors seeking a property that requires minimal renovation. However, the lack of information regarding the quality of local schools and amenities makes a definitive assessment difficult.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
6
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
578.00
Lot (est)
747.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
300,000.00 £
Decreased by 54.85 %
from 664,444.00 £
Est sale value
294,202.00 £
Increased by 92.08 %
from 153,170.00 £
Average area rental value
1,007.00 £/mo
Decreased by 25.41 %
from 1,350.00 £/mo
Est letting value
578.00 £/mo
from 0.00 £/mo
Est rental Yield
4.03 %
Increased by 65.16 %
from 2.44 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Igloo created the listing.

Images

Main Picture Lounge Kitchen / Diner Bedroom 1 Bedroom 2 Exterior Do You Need A Hand Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
West Glebe Terrace £ 000.00 KM
Buchan Street £ 000.00 KM
Eliot Terrace £ 000.00 KM
Burnhouse Road £ 000.00 KM
Fraser Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hamilton West9727HNW1.45 KM
Hamilton Central9726HNC1.59 KM
Chatelherault9707CTE5.17 KM
Blantyre9716BLT5.23 KM
Bellshill9714BLH6.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mill Road, Hamilton £ 80,000BUY6 / 100.00 KM
Arden Road, Hamilton, Lanarkshire, ML3 6TT £ 100,000BUY6 / 100.18 KM
Dechmont Street, Hamilton £ 89,995BUY7 / 100.23 KM
Neilsland Street, Hamilton £ 90,000BUY7 / 100.24 KM
Kerr Crescent, Hamilton £ 84,995BUY6 / 100.26 KM