Description

• Status: Available
• Type: Portfolio

• Ownership: Freehold
• Occupation: Tenanted

• Tax/Rates: Search

***Portfolio of two tenanted one bedroom flats for sale under freehold ownership. Both properties are tenanted with combined monthly income of £700***

***Both properties are tenanted receiving £700 per month. Both properties have settled tenants and are located in excellent high demand rental areas***

***Low cost properties with sitting tenants. Immediate cash flow with rental figure of £700pm / £8,400pa. Giving a rental yield of 12.9% against current guide price***

***3 Laing Terrace TD9 7AB. 1 bed flat rented at £300pm. *** 10/3 Buccleuch Street TD9 0HW. 1 bed flat rented at £400pm.

***Low cost turnkey investment portfolio of 2 flats.***Solid 12.9% yield***Full lettings management package available for hands free investment***

***Portfolio of two tenanted one bedroom flats for sale under freehold ownership. Both properties are tenanted with combined monthly income of £700*** ***Both properties are tenanted receiving £700 per month. Both properties have settled tenants and are located in excellent high demand rental areas*** ***Low cost properties with sitting tenants. Immediate cash flow with rental figure of £700pm / £8,400pa. Giving a rental yield of 12.9% against current guide price*** ***3 Laing Terrace TD9 7AB. 1 bed flat rented at £300pm. *** 10/3 Buccleuch Street TD9 0HW. 1 bed flat rented at £400pm. ***Low cost turnkey investment portfolio of 2 flats.***Solid 12.9% yield***Full lettings management package available for hands free investment***

Full Address: 3 Laing Tce and 10-3 Buccleuch St, Portfolio Sale, Hawick , TD9  7AB

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £8,400 per year / £700 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £52,000

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: 03 April 2025, 10am-3pm
Type: Timed Online Auction

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