Timed Online Auction

27 January 2022, 10am-3pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Vacant
  • Bedrooms 3
  • Council Tax Search SAA

Description

Full Address: 16 South Street, Duns, Berwickshire, TD11 3AH

DEVELOPMENT and INVESTMENT opportunity for builder or developer *** Lot comprises 2 residential flats over ground and basement levels for re-development purposes. PRICE SET FOR FAST AUCTION SALE.

The properties will require full renovation prior to habitation. All fixtures and fittings have been fully removed from the properties ready for refurbishment. There are gas, electricity and mains water connections available.

Property comprises: Ground floor with entrance hallway, main room with open plan kitchen area, living area and bathroom. Further 1 Bedroom flat with living room and bathroom on the basement level.

These are ground floor flats that if required could be combined into one flat via the basement. Vacant property with unfinished bare walls. Immediate access available.

The town of Duns is 15 miles from Berwick-upon-Tweed. Features a mainline railway station, 17 miles from Kelso and 45 miles from Edinburgh. Traditional property with excellent frontage and parking.

*** DEVELOPMENT and INVESTMENT OPPORTUNITY for builder or developer *** Property comprises two residential flats over ground and basement levels. The properties will require full renovation prior to habitation. Not currently suitable for habitation. Vacant property with un-finished bare walls. Property comprises: Ground floor Entrance hallway, 1 bedsit with open plan kitchen living area and bathroom. Further 1 Bedroom flat with living room and bathroom on basement level. LOCAL SALES EVIDENCE: 12 South Street, Duns, Berwickshire, TD11 3AH Previously sold for 120,000, 12a South Street, Duns, Berwickshire, TD11 3AH Previously sold for 146,000. 8 South Street, Duns, Berwickshire, TD11 3AH previously sold for 110,000. Local Planning Authority: Scottish Borders Council. Services - Mains water, gas electricity and drainage. https://www.scotborders.gov.uk/info/20050/planning_applications/530/viewing_a_planning_application Duns has a good selection of shops, restaurants and a great variety of recreational facilities, including a golf course, swimming pool, rugby and football clubs, bowling green, tennis courts, gym and children's play centre. Other amenities include an excellent medical centre, several denominations of churches, 2 petrol stations with vehicle repairs, a garden centre and a comprehensive range of other businesses and services throughout the town.

Duns has good educational and recreational facilities including primary and secondary schools, swimming pool, tennis courts, 18 hole golf course, library, various speciality shops and walks and nature reserve within the grounds of Duns Castle. It is well served with buses, Edinburgh is 45 miles away with the main East Coast rail line at Berwick upon Tweed some 15 miles distant. The eastern borders has a rich and colourful history with a wealth of sporting and recreational opportunities. In general, its roads are quiet and uncongested, and the area has a low population, this offers a quality of life that is becoming increasingly rare in the UK. Transport and getting around: Duns is located on the A6105, between Berwick upon Tweed to the east and Galashiels to the west. Both of these towns offer rail links to Edinburgh, the line from Berwick being the main East Coast Mainline, with the Reston Station scheduled to open late 2021. There is a good bus service to both Berwick and Galashiels as well as other local destinations. By car, Edinburgh is approx. 49 miles, with Newcastle to the South being approx. 77 miles. Both these cities offer excellent airport facilities.

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Location

Pricing Information & Bidding

Opening Bid: £34,000

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 = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 27 January 2022, 10am-3pm
Type: Timed Online Auction

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