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Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 3
  • Council Tax: Search

3 Bed maisonette over 3 floors in Newtown St Boswells. DEVELOPMENT POTENTIAL (Subject to investigating and gaining necessary consents). ***£40,000 BELOW HOME REPORT VALUE - RICS HOME REPORT £130000***

Ground Floor: Entrance Vestibule, Utility Room, Rear Vestibule & WC. 1st Floor: Landing , Bedroom with WC, Bathroom, Lounge/Kitchen, Sun Room, Rear Vestibule & WC. 2nd Floor: Landing & 2 Bedrooms.

The property comprises a converted ground, first and second floor maisonette in a three storey building. There are commercial premises occupying part of the ground level. 154sqm or thereby. EPC - D

SALES COMPARINSON:- 1-2, Anworth Terrace, Newtown St. Boswells, sold for £135,000 May 2024; 23, Whitefield Crescent, sold for £170,300 Jan 2024; 1, Whitefield Avenue sold for £155,000 Feb 2024.

Rarely available property in popular Scottish Borders Town, Situated close to other borders towns such as Galashiels, Selkirk and Melrose

*** PRIME INVESTEMENT OPPORTUNITY *** 3 Bed maisonette over 3 floors in Newtown St Boswells. DEVELOPMENT POTENTIAL (Subject to investigating and gaining necessary consents). ***£40,000 BELOW HOME REPORT VALUE - RICS HOME REPORT £130000*** Superb Scottish Borders, location near Melrose. Ground Floor: Entrance Vestibule, Utility Room, Rear Vestibule & WC. 1st Floor: Landing , Bedroom with WC, Bathroom, Lounge/Kitchen, Sun Room, Rear Vestibule & WC. 2nd Floor: Landing & 2 Bedrooms. The property comprises a converted ground, first and second floor maisonette in a three storey building. There are commercial premises occupying part of the ground level. 154sqm or thereby. EPC - D SALES COMPARINSON:- 1-2, Anworth Terrace, Newtown St. Boswells, sold for £135,000 May 2024; 23, Whitefield Crescent, sold for £170,300 Jan 2024; 1, Whitefield Avenue sold for £155,000 Feb 2024.

The property is situated on Melbourne Place, within the Scottish Borders town of Newtown St Boswells. The property specifically is located to the North East of Melbourne Place on the B6398, between the junctions to Old Station Court and Tweedside Road. Newtown St Boswells itself is located approximately 6 miles to the East of Selkirk, 2.5 miles South East of Melrose and 6 miles South East of the main Scottish Borders hub of Galashiels.

Full Address: 3 Melbourne Place, Newtown St Boswells, Melrose, Scottish Borders, TD6 0PA

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Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £72,000

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: 09 January 2025, 10am-3pm
Type: Timed Online Auction

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