Wilson Street, Hamilton, ML3
MC

Wilson Street, Hamilton, ML3

By McGowan Housing

£ 68,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 3 Bedroom Flat | Spacious Lounge | Modern Kitchen | Prime Rental Location Within Hamilton

Property Oracle says ..

This 3-bedroom flat in Hamilton, South Lanarkshire, is currently listed at £68,000. The property’s location offers reasonable access to Hamilton West train station, approximately 1.5km away, representing a positive aspect for commuters. However, the absence of information on local schools and other amenities makes a conclusive judgement on location difficult.

The images reveal a property that needs some attention. While it seems structurally sound, the interior requires cleaning, modernization, and some minor repairs to the bathroom, bringing the overall condition down somewhat. The property’s furnishing and personal effects hinder a complete assessment.

As an apartment, it naturally lacks substantial land, limiting outdoor space. The provided list price, considering the property’s condition, location, and lack of square footage data, appears to be somewhat reasonable but not exceptionally attractive compared to other local properties, especially if one accounts for the need for repairs. The fact that it is a buy-to-let property currently occupied by a tenant might also justify the somewhat low price tag compared to the market average.

Overall, this property presents a mixed picture. Potential buyers should weigh the affordability against the necessary renovations and the specifics of the location, considering their individual needs and preferences. Further investigation into local amenities and square footage would help provide a more accurate evaluation of the property’s value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
4
Land
1
Bedrooms
3
Bathrooms
1

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 £
Average area rental value
1,007.00 £/mo
Decreased by 25.41 %
from 1,350.00 £/mo
Est rental Yield
4.03 %
Increased by 65.16 %
from 2.44 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • McGowan Housing created the listing.

Images

Lounge External Lounge Lounge Kitchen Kitchen Kitchen Bedroom Bathroom Bathroom Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom External External External

Nearby Streets

NameAverage PriceAverage SqftDistance
Greenfield Road £ 210,00000.00 KM
McGowan Place £ 148,49800.00 KM
George Court £ 000.00 KM
Burnbank Gardens £ 000.00 KM
Burnbank Centre £ 60,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Hamilton West9727HNW1.50 KM
Blantyre9716BLT2.69 KM
Hamilton Central9726HNC3.37 KM
Uddingston9776UDD5.03 KM
Bellshill9714BLH6.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wilson Street, Hamilton, ML3 £ 68,000BUY4 / 100.00 KM
Holyrood Street, Hamilton, South Lanarkshire, ML3 £ 65,000BUY6 / 100.06 KM
Holyrood Street, Hamilton, South Lanarkshire, ML3 £ 70,000BUY6 / 100.06 KM
Greenfield Road, Hamilton £ 75,000BUY7 / 100.14 KM
Greenfield Road, Hamilton, South Lanarkshire, ML3 £ 270,000BUY7 / 100.15 KM