Summary - 83, WILLIAM DRIVE, HAMILTON ML3 7RQ
2 bed 1 bath Terraced
Two-bedroom let with steady income and private gardens for hands-on portfolio growth.
£6,240 pa current gross income (tenants in situ)
Asking price £89,000 — approximate gross yield ~7.0%
Freehold two-bedroom mid-terrace with private front and rear gardens
On-street parking; compact, average-sized accommodation (764 sqft)
Long-term tenants do not intend to vacate (income continuity)
Area classed as very deprived; local socio-economic challenges
Interior likely requires light modernisation to maximise rent/value
Buyer’s Premium payable on purchase; check Let Property Pack details
This two-bedroom mid-terraced home on William Drive is offered freehold with long-term tenants in situ, providing immediate rental income. The property has private front and rear gardens, on-street parking and a compact but practical layout across two storeys. It sits in a mid-20th-century terrace typical of the area and presents straightforward let-ready accommodation.
For investors, the current annual gross income is £6,240 against a purchase price of £89,000, giving an approximate gross yield of about 7.0%. The existing tenancy has been stable for several years and the tenants intend to remain, so transfer of income is likely to be smooth. A Let Property Pack is available with full tenancy details for due diligence.
The house is generally well maintained externally but the interior will suit a buyer open to light modernization to maximise future rents and capital growth. The property sits in an area classed as very deprived with local socio-economic challenges; that influences tenant profile, demand characteristics and potential management considerations.
This is a clear buy-to-let or small-development opportunity for investors or developers seeking cash-flow from day one. Note there is a Buyer’s Premium applied to secure the sale — review sale terms and tenancy documentation before offer.
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