Two-bedroom semi-detached house

Enjoy rental income from day one with this tenanted two-bedroom semi-detached property in Hamilton. The entry level accommodation comprises entrance vestibule, lounge, kitchen and bathroom with over-bath shower, whilst the upper level offers two double bedrooms. The property further offers gas central heating, double glazing, generous storage, front and rear gardens, and off-street parking. The tenant has been in situ for five years with current rental income of £495 per calendar month, but with rent increasing to £750 per calendar month from 18th August, which represents a rental yield in excess of 11% at listed guide price. There is also the opportunity to add value through upgrade works should the property become vacant. This property would be an ideal addition to a rental portfolio and is sure to attract strong levels of demand. Early expression of interest is essential to avoid missing out on this one. Council Tax Band: A. EPC Rating: D. F

Tenure

Freehold

Area

Fereneze Crescent enjoys convenient location approximately 1.5 miles from Hamilton town centre. Hamilton is home to a wide variety of restaurants, bistros and pubs as well as excellent shopping facilities, sports amenities including golf courses, swimming baths, gyms and parks. There are several highly regarded schools as well as the nearby Hamilton College. For those commuting by public transport there are regular bus and train links throughout the surrounding area and into Glasgow.

Energy Efficiency Rating (EPC)

Current Rating D

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.