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2 bed flat for sale

£18,000 Guide price

Annsfield Road, Hamilton ML3

2 1 1
Interested in this property? Call +44 141 376 7556 * or

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Property description

Fantastic opportunity to purchase this Two Bedroom First Floor Flat in need of modernisation ideally suited to the Buy to Let Investor market in a popular central location within the south Lanarkshire town of Hamilton close to amenities and the M74 motorway network.

Fantastic Opportunity to purchase this Spacious Two Bedroom Upper Flat in need of modernisation throughout ideally suited to the Buy to Let Investment market located centrally within the Town of Hamilton and situated close to a wide range of amenities including shops and schools. The property also benefits from being situated close to the M74 motorway network giving easy access to Glasgow City Centre.

The Property Comprises: Entrance Hallway, Lounge open plan to Kitchen, Two Double Bedrooms and Shower Room.

This property is for sale under conditional auction terms - this allows a buyer friendly method of purchase. We do not require the purchaser to immediately sign the Minute of Preference and Enactment, but instead allow 28 days to achieve conclusion of missives and a further 28 days thereafter to complete the purchase. Allowing the additional time to conclude missives means interested parties can proceed with mortgage finance. Upon close of a successful auction or if the vendor accepts an offer prior or post auction, the buyer will be required to pay a non-refundable reservation Fee of 2.5% to a minimum of £2,500.00 + VAT = (£3,000.00) which secures the property and takes it off the market.. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed.


Property info

Market activity
Average price paid £132,431 Sales 850 Current average value £141,735 (Zoopla Zed-Index) Value change £4,800 ▲ 3.50%

Property value data/graphs for ML3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £241,877 £171 3.6 £224,714
Semi-detached £135,430 £150 2.8 £119,891
Terraced £104,513 £121 2.6 £86,480
Flats £102,230 £158 1.9 £88,955

Current asking prices in ML3

Average: £142,657
Avg. current asking prices in ML3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £53,900
(1)
£115,600
(19)
£148,202
(39)
£302,211
(40)
£374,499
(4)
Flats £54,286
(27)
£78,510
(78)
£145,886
(9)
- -
All £54,272
(28)
£85,776
(97)
£147,768
(48)
£302,211
(40)
£374,499
(4)

Current asking rents in ML3

Average: £457 pcm
Avg. current asking prices in ML3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £585 pcm
(2)
£622 pcm
(2)
- -
Flats £372 pcm
(9)
£467 pcm
(26)
£451 pcm
(1)
- -
All £372 pcm
(9)
£476 pcm
(28)
£565 pcm
(3)
- -

Fun facts for ML3

Highest value in ML3
Highest value streets Zed-Index
Wellshaw View £517,255
Hunston Avenue £495,635
Pennycress Drive £465,869
Smithycroft £432,137
Shearer Avenue £405,730
Highest turnover in ML3
Highest turnover streets Turnover
Shaw Drive 106.2%
Black Grouse Grove 100.0%
Buttercup Crescent 100.0%
Osprey Lane 100.0%
Red Kite Place 100.0%

What Zoopla users think of Hamilton

Overall rating:

  • currently 4 stars
Very good - 79% (75 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Hamilton:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Hamilton Central (1.2 miles)
  • Hamilton West (1.5 miles)
  • Chatelherault (1.8 miles)
  • Glasgow Airport (16.9 miles)
  • Glasgow Prestwick Airport (27.1 miles)
  • Edinburgh Airport (29.7 miles)
  • Glasgow Central Station Bridge Ferry Landing (10.6 miles)
  • Broomielaw Quay Ferry Terminal (10.8 miles)
  • Plantation Quay Ferry Landing (11.7 miles)

Nearby schools

View all schools in South Lanarkshire
  • St Elizabeth's Primary School (0.1 miles)
  • Chatelherault Primary School (0.7 miles)
  • Woodhead Primary School (0.7 miles)
  • Hamilton Grammar School (1.1 miles)
  • Holy Cross High School (1.6 miles)
  • John Ogilvie High School (1.9 miles)
  • Drumpark School and Nursery (6.9 miles)
  • Mavisbank School (8.1 miles)
  • Victoria Park School (8.4 miles)
Note: Distances are straight line measurements

Local info for South Lanarkshire

About the neighbours in ML3

AskMe Q&A for South Lanarkshire

Ask a question

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For more information about this property, please contact
Auction Property, KA9 on +44 141 376 7556 * (local rate)

Monthly running costs Beta

£209 Monthly total

Mortgage

Purchase price
Deposit (10%) 1,800
Repayment term 25
Interest rate 1.5
Your payment £64 /mo How Much Could I Borrow In partnership with RBS

These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £150,000 Average insurance cost £14/mo (£169/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

What more do I get

Up to 9 smart home sensors

Included in the price of your cover

Home emergency assistance

Included in the price of your cover

Contents cover

£75,000 to Unlimited

Buildings cover

£750,000 to Unlimited

Energy

Gas £33 Electricity £45 Estimated energy cost £78/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: 11600 kWh/year
Electricity: 3800 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £22 Sewerage £31 Estimated water cost £53 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction Property, and do not constitute property particulars. Please contact Auction Property for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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