2 bed Flat For Sale £90,000
- Large 2 Bedroom Masionette flat located in popular area within the Scottish borders. * HOME REPORT VALUATION £150,000 *
- * 19, Waverley Road, Innerleithen, Peeblesshire EH44 6QW, previously sold for £155,000 August 2023, 6a, Miller Street, Innerleithen, Peeblesshire EH44 6QS, previously sold for £185,000 July 2023 *
- Excellent investment Opportunity. Large Discount to ensure Auction sale. Guide price £105,000 with Home report at £150,000.
- Property is sure to appeal to buy to let landlords and Serviced accommodation operators. For BTL purposes it would achieve £750 - £800 pcm.
- Property benefits from local amenities close by, and large room sizes. Property would benefit from refurbishment to enhance value.
Large 2 Bedroom Maisonette flat located in popular area within the Scottish borders. * HOME REPORT VALUATION £150,000 * Property comprises: Large Living room, Kitchen,, utility room. 2 double bedrooms and bathroom.
Property is massively discounted from home report valuation. Guide price of £105,000 with a Home report of £150,000. Sure to appeal to shrewd investor looking for a fantastic opportunity to acquire a MASSIVELY DISCOUNTED located in a popular location. Seller is Open to offers.
Excellent investment Opportunity. Large Discount to ensure Auction sale. Guide price £105,000 with Home report at £150,000. Great sales evidence in the area:
* 19, Waverley Road, Innerleithen, Peeblesshire EH44 6QW, previously sold for £155,000 August 2023, 6a, Miller Street, Innerleithen, Peeblesshire EH44 6QS, previously sold for £185,000 July 2023 *
Property is sure to appeal to buy to let landlords and Serviced accommodation operators. For BTL purposes it would achieve £750 - £800 pcm, which would generate an annual income of £9,000 - £9,600. This would generate a gross yield of 8.6% - 9.1% if achieved for Guide of £105,000. EPC RATING D.
Should you use as a serviced accommodation then the expected nightly rate of £75 - £100. This would generate a gross monthly revenue of £1,687.50 - £2,250 based on a 75% occupancy rate. This would generate a gross yield of 19% - 21% if achieved for Guide of £105,000.
Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.
Property has a Guide price of £105,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.
Potentially high yielding investment property.
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.
This property is offered at a fantastic price to ensure an Auction sale.
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:
Innerleithen, ying close to the banks of the River Tweed and nestled amongst rolling hills, the former mill and spa town of Innerleithen enjoys an idyllic Scottish Borders setting. The town is served by a local supermarket, a library, a health centre, a bank, a pharmacy, a post office and several independent shops including bakeries and a butcher. A selection of eateries is also on offer, whilst further amenities can be found a short drive away in the charming market town of Peebles. The town's scenic surroundings provide endless opportunities for outdoor pursuits such as fishing, walking, and cycling, while nearby Glentress Forest Park boasts a treetop adventure course. Innerleithen also hosts its own park and a local history museum at St Ronan's Wells. Primary and nursery schooling is provided locally, followed by secondary education in Peebles. Commuting to the capital takes approximately an hour by road, whilst Galashiels - located 20 minutes' drive from Innerleithen - provides fast and frequent rail connections as part of the recently re-opened Borders Railway.
