2 Bedroom  Flat LOT 236

2 Baker Street, Hawick, TD9 9BW
BIDDING OPENS in...

Map & Location

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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

SUPER INVESTMENT PROPERTY- 2 Bedroom property in excellent location within the historic border town of Hawick TENANTED current income at £450 pcm (£5,400 per Annum) in high demand rental spot.

Comprises reception hall, lounge, fitted kitchen, 2 beds and bathroom. Photographs show property pre tenancy. IDEAL TURN KEY INVESTMENT - would suit investor landlord looking to expand portfolio.

Further benefits from and double glazing and well maintained communal areas. Close proximity to High street with a plethora of shops and businesses - HIGH TENANT DEMAND

Centrally positioned off the High Street of Hawick, which is a wonderful town steeped in a sense of history and tradition, set amidst the picturesque Scottish Borders countryside.

**COMPARABLE SALES** 3 Bed 6-2 Dovecote Street sold £80,000 2022**2 Bed 11-1 Teviot Cres sold 2021 £63,000**2 Bed Oliver Crescent sold £75,000 2022**2 Bed Duke Street sold £70,000 2021**

SUPER INVESTMENT PROPERTY- 2 Bedroom property in excellent location within the historic border town of Hawick TENANTED rental at £450 pcm (£5,400 per Annum) in high demand rental spot. Comprises reception hall, lounge, fitted kitchen, 2 beds and bathroom. Photographs show property pre tenancy. IDEAL TURN KEY INVESTMENT - would suit investor landlord looking to expand portfolio. Further benefits from and double glazing and well maintained communal areas. Close proximity to High street with a plethora of shops and businesses - **HIGH TENANT DEMAND** **COMPARABLE SALES** 3 Bed 6-2 Dovecote Street sold £80,000 2022**2 Bed 11-1 Teviot Cres sold 2021 £63,000**2 Bed Oliver Crescent sold £75,000 2022**2 Bed Duke Street sold £70,000 2021**

Centrally positioned off the High Street of Hawick, which is a wonderful town steeped in a sense of history and tradition, set amidst the picturesque Scottish Borders countryside. Known as the Home of Cashmere, the town offers a multitude of varied attractions, including the Borders Textile Towerhouse, Borders Distillery, cinema, Leisure Centre, Vertish Hill Golf Course and the award-winning Wilton Lodge Park and is famous for its proud rugby tradition. Hawick boasts a number of independent shops, public houses and bistros, as well as larger supermarkets and excellent schooling, and is also the venue for the famous annual Common Riding and popular Summer Festival. The town also offers opportunities for walking, cycling, football, horse-riding, fishing and other country pursuits and the surrounding Border towns are easily accessible, as are Edinburgh, Newcastle and Carlisle. The Borders railway has stops at Galashiels and Tweedbank, both just a 25-minute drive away.

Full Address: 2 Baker Street, Hawick, TD9 9BW

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length:
Rent: £5,400 per year / £450 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes:

Document Downloads

(Available) Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £48,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 31 October 2024, 10am-3pm
Type: Timed Online Auction

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