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Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

Tenanted Two Bedroom End Terrace House located within Selkirk * Graham and Sibbald HOME REPORT VALUATION £100,000 * Tenant in place paying £600 per month - £7,200 per annum. Freehold Residential Sale.

The accommodation comprises: Ground Floor: Hallway, Living Room, Kitchen with Dinning area. First Floor: Hall Landing, Two Bedrooms, and Bathroom. Built 1954.

Two storey end-terraced house. Council Tax - Band A. Features UPVC double glazed windows, GCH with gas fired combination boiler and Interlinked fire and smoke alarms have been installed.

Property is Ideally positioned close to schools and local amenities, providing convenience for residents. Tenant in place paying £600 per month - £7,200 per annum - All payments up to date.

The subjects are located in a Local Authority residential area where the surrounding properties are of a similar age and character. Local amenities and facilities are readily available within Selkirk.

Fully Compliant Rental Property. Tenanted Two Bedroom End Terrace located within a prime location in Selkirk G+S RICS Home Report VALUATION £100,000 (One Hundred Thousand Pounds). Tenant in place paying £600 per month - £7,200 per annum. Freehold Residential Sale. The accommodation comprises: Ground Floor: Hallway, Living Room, Kitchen with Dinning area. First Floor: Hall Landing, Two Bedrooms, and Bathroom. Built 1954. Two storey end-terraced house. Council Tax - Band A. Features UPVC double glazed windows, GCH with gas fired combination boiler and Interlinked fire and smoke alarms have been installed. Property is Ideally positioned close to schools and local amenities, providing convenience for residents. Tenant in place paying £600 per month - £7,200 per annum - All payments up to date. The subjects are located in a Local Authority residential area where the surrounding properties are of a similar age and character. Local amenities and facilities are readily available within Selkirk. Excellent property for investor looking to start or grow their portfolio. Sure to appeal to Buy to Let investors. Affordable property that would make a great addition to a residential portfolio. TENANT IN PLACE ALREADY.

The former County Town of Selkirk lies within the prime catchment area of the Central Borders. The town itself has retained its county charm and has a good range of recreational and educational facilities, restaurants, shops and a scenic golf course. The area is surrounded by rolling hills and lies close to the largely undiscovered Ettrick and Yarrow Valleys providing some of the most glorious scenery in the Borders. Selkirk caters well for a range of local amenities, with a good selection of small local and independent retailers and cafes providing for everyday requirements, and schools from nursery to secondary level all easily accessible. The property benefits from easy access to Edinburgh via the A7 and is within easy reach of the new Borders rail connections with the opening of the Waverley Line and new stations at Galashiels and Tweedbank. Selkirk is surrounded by beautiful countryside with rolling hills and scenic valley, popular with those who have an interest in country and equestrian pursuits, walking, golfing and other sporting activities.

Full Address: 24 Montrose Place, Selkirk, Scottish Borders, TD7 5BH

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £7,200 per year / £600 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes: Signed lease in place with tenant paying £600 per month - £7,200 per annum. No rent arrears. Fully compliant rental property.

Document Downloads

  Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £65,000

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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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 500

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Buy Now Price = £80,000

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Auction Details

Date & Time: 29 January 2026, 10am-3pm
Type: Timed Online Auction

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