Summary - 83, WILLIAM DRIVE, HAMILTON ML3 7RQ
2 bed 1 bath Terraced
Low-entry buy-to-let with immediate income and tenant continuity.
Freehold mid-terrace, two bedrooms, approx. 764 sq ft
Private front and rear gardens; on-street parking only
Existing gross rental income £6,240 pa (~7.8% gross yield)
Long-term tenants in situ who intend to remain
Buyer’s Premium will be applied to secure the sale
Located in a very deprived area; may affect tenant pool/value
Good mobile signal and fast broadband suitable for lettings
Compact rooms and likely need for routine modernization
This two-bedroom mid-terrace in Hamilton is presented primarily as an investment opportunity. The property is freehold, offers private front and rear gardens, on-street parking, and generates an existing gross rental income of £6,240 per year from long-term tenants. At the current asking price of £80,000 the property yields roughly 7.8% gross, making it attractive to buy-to-let purchasers seeking immediate income.
Internally the home is a typical mid-20th century terraced layout (approximately 764 sq ft) with a lounge, kitchen, and a three-piece bathroom. The accommodation appears generally well maintained from available descriptions and benefits from good mobile signal and fast broadband — practical for letting in today’s market. The property has compact rooms and standard ceiling heights and will suit tenants seeking affordable, no-frills housing.
Important considerations: the property sits in a very deprived neighbourhood with local area classifications indicating economic and social challenges. Long-term tenants are in situ and do not plan to vacate; a Buyer’s Premium will be applied as part of the sale process. While the building is described as generally well kept externally, the interior may require routine updating to maximise future rental value or appeal to higher-paying tenants.
Overall, this is a straightforward acquisition for an investor or developer looking for a low-entry-price rental asset with immediate income. It will suit buyers who prioritise yield and tenancy continuity over capital-growth drivers tied to more affluent locations.
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