Summary - 62, HAMILTON STREET, TILLICOULTRY FK13 6EL
1 bed 1 bath Flat
Yield-focused Victorian flat with long-term tenant and refurbishment potential..
Freehold one-bedroom flat in Victorian stone building
Produces £5,400 gross annual rental income
Approx. 571 sq ft; lounge, kitchen, bedroom, bathroom
Long-term tenant in situ; tenant intends to remain
Shared rear garden (back only); on-street parking only
Requires modernisation; living room dated and needs cleaning
Located in an area assessed as very deprived
Buyers Premium applies to secure purchase
A stone-built one-bedroom flat on Hamilton Street offered freehold and currently let to a long-term tenant. The property produces a gross annual income of £5,400 against a guide price of £70,000, making it a clear buy-to-let opportunity for investors seeking an immediate income stream.
The flat sits in a Victorian conversion with period character and good natural light. Accommodation comprises lounge, kitchen, bedroom and bathroom within approximately 571 sq ft. There is a shared rear garden (back only) and on-street parking. Broadband speeds and mobile signal are reported as good.
Notable drawbacks are that the property sits in an area assessed as very deprived and requires modernisation; the living room is described as dated and in need of cleaning or refurbishment. The unit is occupied by a long-standing tenant who intends to remain, and a Buyers Premium will apply to secure purchase — both important considerations for an investor evaluating rental control and transaction costs.
Overall this is a straightforward rental asset for a buyer focused on yield and long-term tenancy continuity. Developers or investors prepared to refurbish can add value, while purchasers seeking vacant possession or a primary home should note the tenancy and potential additional fees.
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