1 Bed Flat For Sale

** SALE BY AUCTION - 26 June 2025 - Timed Online Auction **

**DEVELOPMENT OPPORTUNITY**One bedroom tenement flat located on refurbished street in the heart of Popular Hawick. Potential rental income at £500 per calendar month - Rental yield of 24% at open bid. Comprising internally - hall, lounge, fitted kitchen, double bedroom with storage and shower room. Property requires a degree of upgrading cosmetically prior to habitation/rental. Property further benefits from UPVC double glazing, off road parking (communal) and attractive outlooks to river. Ideal for INVESTOR LANDLORD - many local businesses close by - HIGH TENANT DEMAND**EPC RATING E**ROOM MEASUREMENTS - Lounge 4.39m x 3.11m; Kitchen 2.91m x 1.49m; Bedroom 4.62m x 2.61m (at widest).**COMPARABLE SALES**2 bed 4/2 Laidlaw Terrace sold 2024 at £62,000**1 Bed Croft Road sold 2024 £60,000**2 Bed Duke Street sold £70,000 2021**2 bed Laidlaw Terrace currently marketed at £59,950**

Centrally positioned off the High Street of Hawick, which is a wonderful town steeped in a sense of history and tradition, set amidst the picturesque Scottish Borders countryside. Known as the Home of Cashmere, the town offers a multitude of varied attractions, including the Borders Textile Towerhouse, Borders Distillery, cinema, Leisure Centre, Vertish Hill Golf Course and the award-winning Wilton Lodge Park and is famous for its proud rugby tradition. Hawick boasts a number of independent shops, public houses and bistros, as well as larger supermarkets and excellent schooling, and is also the venue for the famous annual Common Riding and popular Summer Festival. The town also offers opportunities for walking, cycling, football, horse-riding, fishing and other country pursuits and the surrounding Border towns are easily accessible, as are Edinburgh, Newcastle and Carlisle. The Borders railway has stops at Galashiels and Tweedbank, both just a 25-minute drive away.

Auction Details
26 June 2025, 10am-3pm
Timed Online Auction

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