In The Region Of £265,000

flat for sale in Hawick

Portfolio Of 5 Rental Properties, Hawick, TD9 8AQ
Council Tax Band A
Energy Rating D
Tenure Freehold
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Key features
  • Portfolio of 5 residential properties
  • Rental yield of 9.35%
  • Each property is compliant with the Scottish lettings regulations
  • Long term tenants in situ
  • Deposits and inventories secured on each unit
  • Fantastic investment opportunity

Property highlight: Portfolio of 5 residential properties deposits and inventories secured on each unit.

A fantastic opportunity for buy to let investors has been brought to the market in Hawick - a portfolio of 5 investment properties, all within walking distance to the town centre and travel links. These five turnkey properties offer fully compliant investments to those looking to expand their portfolios with four of the five apartments offering immediate return on investment. Viewings come recommended to fully appreciate. Property Specifics: 4c Orrock Place, Hawick – 1 bedroom second floor apartment3a Liddesdale Road, Hawick – 1 bedroom ground floor apartment8-2 Mansfield Crescent, Hawick – 2 bedroom ground floor apartment4a Park Street, Hawick – 1 bedroom first floor apartment8-5 Gladstone Street, Hawick – 1 bedroom second floor apartment Rental information: 4c Orrock Place, Hawick – £395.00 (tenant currently in situ, however will be vacating on 31st October 2024)3a Liddesdale Road, Hawick – £364.00 (long-term tenant in situ)8-2 Mansfield Crescent, Hawick – expected rental £475.00 (currently vacant)4a Park Street, Hawick – £425.00 (tenant currently in situ)8-5 Gladstone Street, Hawick – £405.00 (long term tenant in situ) Rental Yield: On the basis of each property being tenanted at the values herein, the buyer would benefit from a highly successful gross rental yield of 9.35%. Residential Lettings Compliance: All properties within this portfolio benefit from being fully compliant with Scottish legislation. information: 4c Orrock Place, Hawick – D3a Liddesdale Road, Hawick – C8-2 Mansfield Crescent, Hawick – D4a Park Street, Hawick – D8-5 Gladstone Street, Hawick – E

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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

What will my monthly repayments be?

Repayment: £0
Interest only: £0

How much can I borrow?

You May Borrow: £0
* 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.