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Guide Price
£37,000


SUBMIT OFFERS BY

20 June 2025, 12pm

Description

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

PRIME INVESTMENT PROPERTY*** 1 bedroom flat in popular residential area within Hawick close to amenities. IMMEDIATE RETURN ON INVESTMENT***

PERFECT INVESTMENT PROPERTY in sought after rental location with current rental of £425 pcm (£5,100 per annum) in HIGH DEMAND RENTAL LOCATION close to town centre and amenities.

Local Sales Evidence; 15 1, Minto Place, Hawick TD9 9JL (1 bed) recently SOLD for £46,000 in Feb 2025***

EXCELLENT BUY-TO-LET INVESTMENT PROPERTY****

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.

PRIME INVESTMENT PROPERTY*** 1 bedroom flat in popular residential area within Hawick close to amenities. IMMEDIATE RETURN ON INVESTMENT*** PERFECT INVESTMENT PROPERTY in sought after rental location with current rental of £425 pcm (£5,100 per annum) in HIGH DEMAND RENTAL LOCATION close to town centre and amenities. Local Sales Evidence; 15 1, Minto Place, Hawick TD9 9JL (1 bed) recently SOLD for £46,000 in Feb 2025*** EXCELLENT BUY-TO-LET INVESTMENT PROPERTY**** 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.

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: 6d Allars Bank, Hawick, TD9 9EX

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Map & Location

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £5,100 per year / £425 per month
Yield: 18% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Guide Price: £37,000


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.

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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.

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Auction Details

Date & Time: 20 June 2025, 12pm
Type: Deadline for Offers

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