TIMED ONLINE AUCTION - 30 October 2020, 10am-4pm - View the auction and bid >>
Lot 30

3 St Andrews Street, Galashiels, TD1 1EA

Opening Bid: £71,250

Tenanted Freehold Flat Offer Now Available



Map & Directions Downloads Price & Bidding Offer Now Auction Details


Key Features:

***Superb Investment Opportunity*** Large 4 Bedroom Double Upper Flat in sought after town of Galashiels. Tenanted at £700pcm.


  • ***HOME REPORT VALUATION £120,000*** Great Opportunity for investor to get affordable property in popular Galashiels. Ideal purchase for someone looking to start or add to their portfolio.
  • Property benefits from; 4 spacious bedrooms, 2 bath with shower rooms, kitchen and a private garden with 2 storage sheds. Ample on street parking available.
  • SUPER LOCAL SALES EVIDENCE- 1 Dairy Mews, Scott Street, Galashiels, £135,000 ...32, St. Andrew Street, Galashiels £115,000... 40, Bank Street, Galashiels, £120,000...
  • New Train Line has dramatically changed way of Living for the area making it easier to commute to Edinburgh which only takes 50 minutes.


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Tenanted

- Existing tenant in place with lease agreement to be assigned to the buyer..
Council Tax

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Tenancy Details:


Type of Agreement Private Residential Tenancy (PRT)
Length 6 Months
Rent £8,400 per year / £700 per month
Yield 8.8% (at guide price)
Tenant Private Individual
Notes:

Description:

***Superb Investment Opportunity*** Large 4 Bedroom Double Upper Flat in sought after town of Galashiels. Property benefits from; 4 spacious bedrooms, 2 bath with shower rooms, kitchen and a private garden with 2 storage sheds. Ample on street parking available. ***HOME REPORT VALUATION £120,000*** Great Opportunity for investor to get affordable property in popular Galashiels. Ideal purchase for someone looking to start or add to their portfolio. ***Fully refurbished in all rooms*** with a new combi-boiler system installed and double glazing windows. Comes partly furnished. SUPER LOCAL SALES EVIDENCE- 1 Dairy Mews, Scott Street, Galashiels, £135,000 ...32, St. Andrew Street, Galashiels £115,000... 40, Bank Street, Galashiels, £120,000...


Location:

Galashiels offers a wide and varied range of recreational amenities, bars, shops, restaurants and sporting activities for example, and is well placed for travel to many of the surrounding Borders towns whilst the relatively easy access to Edinburgh is leading to it becoming increasingly sought after by the commuter. The A1 and A7 given access to Edinburgh within approximately 1 hour, with Glasgow 1 1/2 hours on the M74. New Train Line has dramatically changed way of Living for the area making it easier to commute to Edinburgh which only takes 50 minutes.


Map & Directions:



Further Info & Downloads:


HOME REPORT AVAILABLE
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           LEGAL PACK AVAILABLE
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Pricing Info & Bidding:


Opening Bid = £71,250


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Viewings:


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Auction Details:



  • Auction Date

    30 October 2020, 10am-4pm


  • Auction Location

  • Timed Online Auction


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