Land
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Outstanding development and investment opportunity in an affluent residential location beside Chatelherault Country Park.
Rare opportunity to acquire a freehold former telephone exchange within one of Hamilton's most desirable residential areas, on the doorstep of Chatelherault Country Park.
The property is currently tenanted at £395 per month until June 2027, producing an immediate rental income of £4,740 per annum.
This allows an incoming purchaser to receive income while exploring and progressing any longer-term plans for the property.
Originally constructed as a telephone exchange, the building has subsequently provided multiple uses.
It offers potential for conversion or reuse of the existing building, or alternatively demolition and redevelopment of the site, subject to the existing tenancy and all necessary planning consents.
A substantial area of land behind the property is currently owned by the local council.
The seller advises that they previously explored the possibility of purchasing this additional land and that the council indicated a willingness to consider a sale.
This may provide an incoming purchaser with an interesting opportunity to approach the council and explore increasing the overall site area.
Prospective purchasers must make their own enquiries directly with the council.
Neither the seller nor Braveheart Auctions can provide any assurance regarding its availability, price, eventual sale or future use.
The subjects enjoy a peaceful setting while remaining highly accessible, with Ferniegair village, Hamilton town centre, local schooling and transport links all close at hand.
Properties and development opportunities within this location are rarely brought to the open market, making this an attractive proposition for investors, developers, small businesses and owner-occupiers seeking a distinctive project.
Recent nearby residential sales include: 39 McAuley Way, Hamilton - sold September 2025 for £310,000 21 Galloway Avenue, Hamilton - sold September 2025 for £276,500 34 Ballantyne Drive, Hamilton - sold April 2025 for £287,000 The property is offered without planning permission.
Any change of use, conversion, demolition, extension or redevelopment will be subject to the existing tenancy and all necessary planning permissions, building warrants and other consents.
Prospective purchasers must make their own enquiries with the local planning authority and obtain independent professional advice before bidding.
Braveheart Auctions cannot provide planning advice or make any representation that consent will be granted. This lot will be sold under auction terms and conditions by Braveheart Auctions.
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Rare freehold former telephone exchange in one of Hamilton's most desirable residential location Currently tenanted at £395 per month until June 2027, generating £4,740 per annum Immediate rental income while an incoming purchaser explores longer-term plans for the property Excellent potential for conversion, alternative use or redevelopment, subject to all necessary consents Substantial area of council-owned land located directly behind the property, offering possible scope to increase the overall site area Seller advises that the council previously indicated a willingness to consider selling the adjoining land; purchasers must make their own enquiries Peaceful yet highly accessible setting beside Chatelherault Country Park and close to Ferniegair, Hamilton, schools and transport links Bid now!
To avoid missing out
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Old Avon Road, Hamilton
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