Summary - 217, TOWNHILL ROAD, HAMILTON ML3 9RW
3 bed 1 bath Apartment
Tenanted three-bed upper flat with strong yield potential, near amenities and schools..
- Three-bedroom upper flat, approx. 858 sq ft
- Tenant in situ; immediate rental income and 9.14% reported yield
- Freehold tenure with gas central heating and double glazing
- Modern refitted bathroom; bright lounge and practical kitchen
- Small to medium room sizes; single bathroom only
- Located in a very deprived area; local demand may be constrained
- Requires light cosmetic modernisation to maximise capital growth
- Upper-floor access via stairs; not suitable for mobility-restricted tenants
A three-bedroom upper apartment offered with a long-term tenant in situ, presenting an immediate rental income stream and a reported 9.14% yield based on the home report value. The flat is freehold, set within a post‑war block on Townhill Road, and extends to approximately 858 sq ft with gas central heating and double glazing. The living room and kitchen are bright with large windows; the bathroom has been recently refitted to a modern standard.
This property suits buy-to-let investors seeking a low-effort addition to an existing portfolio. The apartment’s practical layout, separate kitchen, and communal gardens are positive for tenant demand. EPC C and no flood risk are also practical advantages for long‑term lettings.
Notable negatives are straightforward: rooms are small to medium in size and the building shows typical post‑war simplicity — some cosmetic updating may be needed to maximise capital growth. The area is classified as very deprived and the local demographic is hard-pressed flat dwellers, which can affect future rent growth and resale demand. There is one bathroom only and the flat is an upper‑floor unit accessed by stairs, which may limit certain tenant profiles.
Overall this is a functional, income-producing three-bed flat in a convenient location close to local shops and schools. It is presented as a hands‑off purchase for landlords wanting immediate rent, but investors should factor in ongoing area challenges and modest room sizes when assessing long‑term value and refurbishment plans.
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