3 Bedroom Flat

Newlands Drive, Hamilton, ML3 7RL

£87,000
3 beds · 1 bath SSTC · Added 02 Jul 2025

What this property offers

3 Bedrooms
1 Bathroom
Flat

About this property

CALLING ALL LANDLORDS – instant rental income from day one!

This spacious 3-bedroom ground floor flat is located on Newlands Drive in the popular town of Hamilton and presents a prime investment opportunity with tenant in situ. With three generously sized bedrooms, a bright and spacious kitchen, and a family bathroom featuring both a bath and separate shower cubicle, the property offers comfortable, functional living. A large walk-in cupboard in the hallway provides excellent additional storage.

INVESTMENT DETAILS

This property is being sold with a sitting tenant and currently generates a gross annual income of £7,800, offering immediate return on investment. With some upgrades and improvements, the market rental potential could increase to approximately £8,750 per annum. The existing long-term tenants have resided in the property for several years, maintain rent payments reliably, and have expressed a clear intention to remain in the home long-term.

Set within a well-established residential area, the flat is close to a range of local amenities including supermarkets, schools, and health services. Excellent transport links nearby include Hamilton West and Hamilton Central train stations, as well as easy access to the M74 motorway, making this an attractive location for tenants.

Nearby Properties

Listed by

Hemmings Homes

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Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Hemmings Homes directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

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Homemove is a trading name of HM Haus Group Ltd (Company No. 13873779, registered in England & Wales). Homemove Mortgages Ltd (Company No. 15947693) is an Appointed Representative of TMG Direct Limited, trading as TMG Mortgage Network, which is authorised and regulated by the Financial Conduct Authority (FRN 786245). Homemove Mortgages Ltd is entered on the FCA Register as an Appointed Representative (FRN 1022429). You can check registrations at NewRegister or by calling 0800 111 6768.