Auction House / Scotland
  • For Sale By Unconditional Online Auction
  • Guide Price* : £41,000
  • Auction Ended 06/06/2023

89/1 Cadzow Street, Hamilton, Lanarkshire, ML3 6DY

FOR SALE VIA NATIONAL ONLINE AUCTION. REGISTER TO BID!

Location

Cadzow Street is one of the main retail street in 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.

Description

New to online auction is this one bedroom duplex flat in Cadzow Street, Hamilton. The property is accessed via a clean and tidy secure entry hallway and the flat comprises of a large lounge and kitchen and w/c on the first floor and a spacious bedroom with ensuite bathroom on the second floor, there is also an additional storage cupboard on this level. The current LHA value at one bedroom is £4,487pa and if purchased at the guide price would yield above 10%. The property is in some need of decoration, there is water ingress coming from the gable end that would need to be addressed. There is potential to convert into a two bedroom subject to consent. With such a keenly positioned guide price, with a Home Report value of £60,000 and an opportunity to add value, early viewing is advised.

Council Tax Band

C

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

£2,400.00 including VAT payable on the fall of the Virtual Gavel

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

Disbursements

Please see Legal Pack for any Disbursements.

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* Guide | £41,000
  • 1 Bedroom
  • Unconditional (Immediate Exchange)

Call the team on 0141 339 4466 for more information

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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.