Low-cost, tenant-occupied studio close to transport — ideal for buy-to-let buyers.
Tenant in situ — sold with sitting tenant, immediate rental income potential
Freehold one-bedroom studio, approx 380 sq ft, open-plan layout
EPC C; no flood risk; council tax band A (very cheap)
Close to Hamilton West train station and wide local amenities
Period red sandstone tenement — communal maintenance responsibilities
Area classed as very deprived; limited capital growth potential
Excellent mobile signal and fast broadband — practical for tenants
Small overall size may not suit owner-occupiers seeking spacious homes
This compact one-bedroom flat presents an immediate rental opportunity with a tenant in situ, sold freehold. Set within a red sandstone Victorian tenement, the open-plan studio layout totals about 380 sq ft and is finished with neutral décor and oak-effect laminate flooring. The property has an EPC rating of C and benefits from excellent mobile signal and fast broadband — practical features for lettings.
Situated close to Hamilton West train station and a wide range of local amenities, the flat offers straightforward commuter access and convenience for tenants. Council tax is band A (very cheap) and there is no flooding risk, which helps keep ongoing costs low. The building’s communal nature and period character are typical for the area.
Important considerations: the apartment is small and located in an area classified as very deprived with hampered aspiration, which can limit capital growth and tenant pools. The flat is marketed with a sitting tenant, so sale conditions suit buy-to-let purchasers rather than an owner-occupier who needs vacant possession. Communal maintenance responsibilities and potential future works to the tenement should be budgeted for by any new owner.
Overall, this is a straightforward, low-cost entry onto the Hamilton rental market for an investor seeking an income-producing property with immediate occupancy. It is best suited to a buyer comfortable with period tenement living and the realities of investing in a challenged local market.
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