£87,000
3 bedroom ground floor flat for sale
Newlands Drive, Hamilton
flat 
3 bedrooms Property description
CALLING ALL LANDLORDS – instant rental income from day one!
This spacious 3-bedroom ground floor flat is located on Newlands Drive in the popular town of Hamilton and presents a prime investment opportunity with tenant in situ. With three generously sized bedrooms, a bright and spacious kitchen, and a family bathroom featuring both a bath and separate shower cubicle, the property offers comfortable, functional living. A large walk-in cupboard in the hallway provides excellent additional storage.
INVESTMENT DETAILS
This property is being sold with a sitting tenant and currently generates a gross annual income of £7,800, offering immediate return on investment. With some upgrades and improvements, the market rental potential could increase to approximately £8,750 per annum. The existing long-term tenants have resided in the property for several years, maintain rent payments reliably, and have expressed a clear intention to remain in the home long-term.
Set within a well-established residential area, the flat is close to a range of local amenities including supermarkets, schools, and health services. Excellent transport links nearby include Hamilton West and Hamilton Central train stations, as well as easy access to the M74 motorway, making this an attractive location for tenants.
This spacious 3-bedroom ground floor flat is located on Newlands Drive in the popular town of Hamilton and presents a prime investment opportunity with tenant in situ. With three generously sized bedrooms, a bright and spacious kitchen, and a family bathroom featuring both a bath and separate shower cubicle, the property offers comfortable, functional living. A large walk-in cupboard in the hallway provides excellent additional storage.
INVESTMENT DETAILS
This property is being sold with a sitting tenant and currently generates a gross annual income of £7,800, offering immediate return on investment. With some upgrades and improvements, the market rental potential could increase to approximately £8,750 per annum. The existing long-term tenants have resided in the property for several years, maintain rent payments reliably, and have expressed a clear intention to remain in the home long-term.
Set within a well-established residential area, the flat is close to a range of local amenities including supermarkets, schools, and health services. Excellent transport links nearby include Hamilton West and Hamilton Central train stations, as well as easy access to the M74 motorway, making this an attractive location for tenants.
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Council tax
First listed
Over a month agoEnergy Performance Certificate
Newlands Drive, Hamilton
Marketed by
Hemmings Homes - Motherwell 376 Brandon Street Motherwell North Lanarkshire ML1 1XACall agent on 01698 599467
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Newlands Drive, Hamilton - Streetview
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