Secure income stream with 9.14% yield and shared garden.
Three-bedroom upper flat with long-term tenant in situ
A practical investment opportunity in Hamilton: this three-bedroom upper flat is sold with a reliable long-term tenant in situ, offering an immediate rental income and a reported 9.14% yield based on the asking price. The apartment is freehold, gas centrally heated and double glazed, with a modern refitted bathroom and a bright lounge that benefits from a large front-facing window.
Accommodation is straightforward and well laid out across approximately 858 sq ft, with a well-proportioned kitchen and six rooms in total. Fixtures are functional and presentable, though some internal elements (flooring and general finishes) would benefit from targeted updating to increase capital value or rent potential.
Key practical positives include low council tax (Band B), EPC rating C, and good transport and digital connectivity in the area. Outside, residents use generous shared gardens and there is convenient access to local shops and schools.
Important considerations: the property sits in a very deprived neighbourhood classification, which may affect tenant profiles and long-term capital growth. The sale is tenant-occupied, so vacant possession is not available on completion. Room sizes are small-to-medium overall, so this will suit rental or buy-to-let strategies rather than buyers seeking spacious family accommodation.
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