3-bedroom semi-detached house · ML3 0RQ
Sold STCListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nicely positioned upon a generous South facing plot is this traditional blonde sandstone, three-bedroom, semi-detached villa requiring a degree of upgrading.
Constructed circa 1900 this charming period home offers spacious and versatile accommodation, pleasant fully enclosed garden, and substantial outbuilding and garage to rear providing excellent potential for those wishing to run a business from home.
The generous layout of accommodation comprises; entrance vestibule, reception hallway with under stairs storage, front facing double bedroom at ground floor level, lounge with space for dining table and chairs, modern three-piece shower room with feature porthole window, and modern fitted kitchen with integrated appliances, and access to garden.
Accessed via a turned staircase with middle landing is the upper level where you will a find a sizeable double bedroom with pretty bay window, and access to eaves, and a smaller single bedroom.
Further benefits of this lovely Victorian home are gas central heating, double glazing (with the exception of the bathroom porthole window), driveway with ample space for multiple vehicles, and garage.
The self-contained outbuilding to the rear is currently being utilised as a fabulous office space that has served the purpose well of running a business from home.
The fully enclosed south facing rear garden provides a safe space for children and pets and has been paid with ease of maintenance in mind.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 20, Reid Street, Hamilton
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