In The Region Of £115,000

flat for sale in Hawick

Portfolio of 3 Rental Properties, Hawick, TD9 8HW
1
1
Council Tax Band A
Tenure Freehold
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Key features
  • Gross rental yield of 15% once tenanted
  • Portfolio of 3 rental properties
  • Fantastic investment opportunity
  • Close to transport links and education catchments

Property highlight: Portfolio of 3 residential properties with gross rental yield of 15% once tenanted

A fantastic opportunity has presented itself for the purchaser to acquire three properties to add to an existing buy-to-let portfolio. Each unit is in need of a degree of cosmetic upgrading, which once completed, if the properties were let at the market rent this would represent a very successful gross rental yield of 15%. The current owner would consider the sale of each unit on an individual basis if the buyer so wished. 6 & 7 Beattie court are very well proportioned two bedroom apartments forming part of a purpose built tenement within an established residential area of Hawick. Decorated in neutral tones and offering a wealth of internal storage, these properties would be suitable for the small family or single occupant. 15/2 Lothian Street is a ground floor one bedroom apartment with main door access and is located a stones throw from the town centre and all local amenities. Location: The central Borders town of Hawick is very well placed for access to all the other towns in the region. As Edinburgh city centre is easily accessible via the A7 and A68 by road and the new Waverly Rail Link to Tweedbank can be reached in around 30 minutes, the commuter is increasingly seeking out the Scottish Borders region as an ideal location in which to settle for a quality lifestyle with a quieter pace and houses at a more affordable price. Hawick has an excellent variety of shopping, leisure, recreational and sports facilities. The area is renowned for its beautiful scenery, offers numerous activities for those with an interest in sporting or leisure pursuits and is steeped in a sense of history and tradition.

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Strictly by appointment with the Selling Agent. To arrange an appointment to view please contact Cullen Kilshaw Hawick on 01450 202317.
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Hawick, Borders at a glance*

  • Average selling price

    £178,090

  • Median time to sell

    32 days

  • Average % of Home Report achieved

    95.7%

  • Most popular property type

    2 bedroom flat

To find out more about the local market, contact Cullen Kilshaw today.
* Figures are based on properties marketed and sold through ESPC. Home Report valuations relate to properties where the Home Report was available on espc.com. Figures relate to the 6 month period ending on 31/10/2024

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* School catchment data is provided for information purposes only and ESPC UK Ltd does not accept any responsibility for the accuracy or completeness of the data. You should always contact the local authority responsible for the provision of education in a property's location, and more information on particular school catchment areas can be found via the links here.