DEADLINE CLOSES in...

Map & Location

Map   Street View   Satellite

Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

One Bedroom Flat. Located in the popular borders town of Hawick. Currently tenanted with a rental of £359 pcm / £4,308 per annum providing a yield of 12%. Freehold Residential Sale.

The property is on the second floor, within a building comprised of 6 flats in total. The property includes an entrance hallway, a lounge/kitchen, double bedroom and shower room.

The Borders town of Hawick provides an excellent variety of leisure and shopping facilities. The surrounding properties are of a similar design and character. All local amenities are available nearby.

SUPER INVESTMENT PROPERTY - Property in excellent location within the historic border town of Hawick. Rental INCOME AGREED AT £350 pcm (£4,200 per annum). High Demand Rental Area.

Hawick is the principle town in the Scottish Borders and offer an excellent range of local amenities with busy town centre and extremely well-regarded primary and secondary educational institutions.

One Bedroom Flat. Located in the popular borders town of Hawick. Currently tenanted with a rental of £359 pcm / £4,308 per annum providing a yield of 12%. Freehold Residential Sale. The Borders town of Hawick provides an excellent variety of leisure and shopping facilities. The surrounding properties are of a similar design and character. All local amenities are available nearby. Recent Sales: Northcote Street 1 Bedroom Flat sold for £34,500 Jan 2021 Northcote Street 1 Bedroom Flat sold for £27,000 Sep 2019 Princes Street 1 Bedroom Flat sold for £39,000 Dec 2020 Oliver Crescent 1 Bedroom Flat sold for £29,000 Feb 2017 Mansfield Road 1 Bedroom Flat sold for £32,000 Jun 2020 The A7 which runs through Hawick provides excellent links to Edinburgh or the north of England. The area is also served by the Borders Railway which runs from Tweedbank to Edinburgh, with the station lying approximately eighteen miles away. There is also a busy bus service with links to Carlisle, as well as Edinburgh and the other Border towns. SUPER INVESTMENT PROPERTY -- -Vacant property in excellent location within the historic border town of Hawick. Rental AGREED AT £359 per month. High Demand Rental Area. Perfect buy-to-let investment below ADS threshold. The A7 runs through Hawick providing excellent road links to Edinburgh or to the north of England. The area is also served by the Borders Railway which runs from Tweedbank to Edinburgh, with the station lying approximately eighteen miles away. There is also a busy bus service with links to Carlisle, as well as Edinburgh and the other Border towns.

Hawick, the largest of the Border towns, with a population of over 14,000 lies on the banks of the River Teviot. The town is famous for its common riding, rugby and fine cashmere companies such as Hawick Cashmere, Johnstons of Elgin, Lyle & Scott, and Pringle of Scotland. The town also provides an extensive choice of amenities ranging from a leisure centre, a variety of specialist independent shops including small supermarkets, and a selection of restaurants and hotels, mostly situated around the High Street. The A7 which runs through Hawick provides excellent links to Edinburgh or the north of England. The area is also served by the Borders Railway which runs from Tweedbank to Edinburgh, with the station lying approximately eighteen miles away. There is also a busy bus service with links to Carlisle, as well as Edinburgh and the other Border towns. The nearest major airports are at Edinburgh and Newcastle, which are both around 57 miles away offering flights across the UK and to a number of European and International destinations.

Full Address: 6-5 Northcote Street, Hawick, Roxburghshire, TD9 9QU

Show More

Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £4,308 per year / £359 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes: Currently tenanted with a rental of £359 pcm / £4,308

Document Downloads

Home Report (Pending) Legal Pack (Available)

Pricing Information & Bidding

Guide Price: £36,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

SPECIAL Terms of Sale

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

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Buy Now Price = £36,000

Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.

BUY NOW for £36,000 - CLICK HERE

Auction Details

Date & Time: 24 October 2024, 3pm
Type: Deadline for Offers

View Full Auction Catalogue