2 Bedroom  Flat LOT 34

62 Inchmyre, Kelso, TD5 7LQ
OPENING BID

Timed Online Auction

29 January 2021, 10am-4pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Vacant
  • Bedrooms 2
  • Council Tax Search SAA

Description

Full Address: 62 Inchmyre, Kelso, TD5 7LQ

***FANTASTIC INVESTMENT PROPERTY*** 2 Bedroom flat in superb condition set in the heart of the popular Borders town of Kelso. IDEAL FOR INVESTORS LOOKING TO GROW OR START PORTFOLIO

Property Consists of; Entrance Hall, Living Room, Kitchen, Double Bedroom 1 & 2, and Bathroom. Further benefits UPVC Windows throughout, Two External Storage Cupboards, Free off street parking.

SUPER LOCAL SALES EVIDENCE- 1, Sunningdale, Inch Park, Kelso, SOLD FOR 82,549...30 Kerfield Court, Dryinghouse Lane, Kelso, SOLD FOR 140,000...20, Inch Road, Kelso, SOLD FOR 81,000

***FANTASTIC YIELD*** possible as realistic rent in this high rental demand location is 550pcm which gives an annual income of 6600 which would give a yield of over 10% if achieved at Guide Price.

Kelso is a popular market town located in the Scottish Borders & is approximately 43 miles from Edinburgh. The town has a population of approximately 6,000 persons and benefits from good tourist trade

***FANTASTIC INVESTMENT PROPERTY*** 2 Bedroom flat in superb condition set in the heart of the popular Borders town of Kelso. IDEAL FOR INVESTORS LOOKING TO GROW OR START PORTFOLIO Home Report available on request. Property Consists of; Entrance Hall, Living Room, Kitchen, Double Bedroom 1 & 2, and Bathroom. Further benefits UPVC Windows throughout, Two External Storage Cupboards , Free off street parking. The 2nd external storage cupboard and bike / pram store is located on the ground floor. SUPER LOCAL SALES EVIDENCE- 1, Sunningdale, Inch Park, Kelso, SOLD FOR 82,549...30 Kerfield Court, Dryinghouse Lane, Kelso, SOLD FOR 140,000...20, Inch Road, Kelso, SOLD FOR 81,000 ***FANTASTIC YIELD*** possible as realistic rent in this high rental demand location is 550pcm which gives an annual income of 6600 which would give a yield of over 10% if achieved at Guide Price. Property is currently owner occupied but is offered with full Vacant Possession.

Kelso is a popular market town located in the Scottish Borders and is approximately 43 miles from Edinburgh. The town has a population of approximately 6,000 persons and benefits from good tourist trade throughout the year as it is home to tourist attractions such as Kelso Abbey ruins and Floors Castle. Ideal investment property for investors and owner occupiers.

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Document Downloads

HOME REPORT (Available) LEGAL PACK (Available)

Location

Pricing Information & Bidding

Opening Bid: £41,250

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 = 1.25% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 29 January 2021, 10am-4pm
Type: Timed Online Auction

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