Two bed flat

New to auction is this spacious two bedroom ex local authority flat in the popular Hillhouse area, approximately two miles from Hamilton town centre. Positioned on the second floor of a well maintained three storey block, the accommodation comprises bright lounge, two double bedrooms, dining kitchen with wall and base units, and family bathroom with over-bath shower. Further benefits include electric heating, double glazing and large shared garden/drying area to rear. An outstanding 18% discount against Home Report, allied with attractive potential rental yield in excess of 12% (LHA at Guide Price), is sure to attract both rental investors and those looking to get a foot on the property ladder. Current market comparables suggest that even stronger rental returns may be available. This one is sure to move quickly, and early expression of interest is essential. Council Tax Band: A.

Tenure

See Legal Pack

Area

Brankholm Brae lies within the Hillhouse area, approximately two miles from Hamilton town centre. A range of local facilities are available, with a greater choice of retail and leisure options available in and around Hamilton town centre. Hamilton town centre offering a wide range of retail and leisure options, with education at all levels also within easy reach. Hamilton offers two train stations, an excellent bus service, and the M74/M8 network connects across Central Scotland and further afield.

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

South Lanarkshire Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.