3 bed Flat For Sale £85,000
High Street, Galashiels TD1

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• Prime Property Auctions is excited to bring to market this exceptional 3 bed flat, located within a prime location in Galashiels. *Home report of £120,000* 

 

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• *57, High Street, Galashiels, Selkirkshire TD1 1RZ previously sold for £155,000, 151, High Street, Galashiels, Selkirkshire TD1 1RZ sold for £98,000*

 

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• Property is Currently Tenanted at £550 pm/ £6600 pa making it an attractive cash producing Investment giving immediate cash-flow. Current Yielding at 7.76% is at Guide of £85,000.

 

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• Turnkey Investments offers Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for an easily lettable property in a sought after location 

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• For rental purposes the property could attract a monthly rental figure of £650 - 795 per month ( £7,000- £9,540 p/a ) which could give an excellent yield of 8.2- 11.2% based on a guide price of £85,000

 

Prime Property Auctions is excited to bring to market this exceptional 3 bed flat, located within a prime location in Galashiels. *Home report of £120,000*

 

Property comprises: Entrance hallway, living room, WC, kitchen, 3 bedrooms, large storage cabinet. 

 

This property is offered at a fantastic price to ensure an Auction sale and an excellent gross yield of 7.76%.

Property is professionally factored, ideal for turnkey investments. The property could attract a monthly rental figure of £650 - 795 per month ( £7,000- £9,540 p/a ) which could give an excellent yield of 8.2- 11.2% based on a guide price of £85,000.

 

 Local sales evidence:

 

57, High Street, Galashiels, Selkirkshire TD1 1RZ previously sold for £155,000, 151, High Street, Galashiels, Selkirkshire TD1 1RZ sold for £98,000

Property offers Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for an easily lettable property in a sought after location.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “OFFER NOW” button on our website.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location:

Galashiels stands as a prime investment opportunity poised for growth and development. With its strategic location, vibrant community, and rich heritage, Galashiels offers a range of investment avenues across various sectors. The town's proximity to Edinburgh and excellent transport links make it an attractive location for commercial and residential projects. Investors can leverage Galashiels' strong sense of community and cultural events to support local businesses and infrastructure initiatives. Additionally, the town's access to outdoor recreational areas and scenic landscapes presents opportunities for eco-tourism and leisure developments. Investing in Galashiels not only promises financial returns but also contributes to the town's ongoing prosperity and appeal.