Guide price

£58,000

Land for sale
Former Telephone Exchange, Old Road, Ferniegair, Hamilton ML3

    Just added
    Auction
    Freehold
    Added on 10/09/2026

    About this property

    • 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

    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.

    Speak to one of our dedicated team today for more information or visit our website.

    Be Brave...Follow Your Heart

    Braveheart Auctions hold land and property auctions every 2 weeks.

    Do you know someone with a problem property?
    Pass the details to Braveheart Auctions- We will sell it and we will pay you for the referral.

    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

    Mortgage calculator

    Monthly repayment

    £290 per month

    Whole of market comparison

    70+ lenders and 10,000+ products

    How much could I borrow

    In partnership with

    mojo logo

    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    More information

    Report this listing

    Braveheart Auctions

    Logo of Braveheart Auctions
    Email agent