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1 bed flat for sale

£17,000 Guide price

Oliver Street, Hawick TD9

1 1
Interested in this property? Call +44 1450 318977 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • On street/residents parking
  • Ideal buy to let
  • Needs refurbishment
  • Good yield after work done !
  • **great price**
  • Investment opportunity

Property description

Excellent Buy To Let Opportunity. Rental potential of £350 - £425 per calendar month. Once essential repairs carried out. This would provide an annual rental income of £4,200 - £5,100
high yielding property. Property could Achieve a Yield of 30% if bought at Guide Price and rented at £350pcm.
Property in need of full Renovation
*** great capital growth potential*** ideal investment opportunity for builder/investor***
The Borders town of Hawick provides an excellent variety of leisure and shopping facilities and is well placed for access to several of the principal towns within the region. The A7, which runs through the centre of town, brings major routes within comfortable striking distance both North and South bound. Property is based in the centre of Hawick.
Market activity
Average price paid £119,233 Sales 229 Current average value £142,030 (Zoopla Zed-Index) Value change £1,847 ▲ 1.32%

Property value data/graphs for TD9

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £262,257 £166 3.5 £191,783
Semi-detached £137,192 £146 3.0 £150,930
Terraced £119,253 £121 2.6 £93,083
Flats £78,268 £101 2.2 £59,235

Current asking prices in TD9

Average: £114,643
Avg. current asking prices in TD9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £113,628
(18)
£168,055
(26)
£255,961
(13)
£310,000
(8)
Flats £40,226
(35)
£62,142
(45)
£90,455
(36)
£85,000
(5)
£130,000
(2)
All £40,226
(35)
£76,852
(63)
£122,997
(62)
£208,472
(18)
£274,000
(10)

Current asking rents in TD9

Average: £352 pcm
Avg. current asking prices in TD9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £498 pcm
(1)
- -
Flats £317 pcm
(19)
£399 pcm
(11)
£440 pcm
(2)
- -
All £317 pcm
(19)
£399 pcm
(11)
£459 pcm
(3)
- -

Fun facts for TD9

Highest value in TD9
Highest value streets Zed-Index
Hawick TD9 £387,096
Buccleuch Road £353,849
Minto, Hawick TD9 £353,771
Jedward Terrace £294,701
Bonchester Bridge, Hawick TD9 £278,518
Highest turnover in TD9
Highest turnover streets Turnover
Heronhill Close 100.0%
Eastfield Road 100.0%
Leyden Bank 40.0%
West Stewart Place 36.8%
Bruce Court 31.8%

What Zoopla users think of Hawick

Overall rating:

  • currently 3.5 stars
Good - 72% (41 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Hawick:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Tweedbank (12.5 miles)
  • Galashiels (13.4 miles)
  • Stow (18.7 miles)
  • Edinburgh Airport (42.6 miles)
  • Newcastle Airport (50.7 miles)
  • Glasgow Prestwick Airport (70.9 miles)
  • Leaplish Ferry Landing (19.4 miles)
  • Belvedere Ferry Landing (19.9 miles)
  • Tower Knowe Ferry Landing (21.1 miles)

Nearby schools

View all schools in Scottish Borders
  • St Margaret's RC Primary School (0.4 miles)
  • Drumlanrig St Cuthbert's Primary School (0.6 miles)
  • Stirches Primary School (0.7 miles)
  • The Wilton Centre (0.2 miles)
  • Hawick High School (0.5 miles)
  • Selkirk High School (8.8 miles)
  • Moffat Academy (26.7 miles)
  • Bellingham Middle School and Sports College (28.9 miles)
  • Glendale Middle School (31.6 miles)
Note: Distances are straight line measurements

Local info for Scottish Borders

About the neighbours in TD9

AskMe Q&A for Scottish Borders

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For more information about this property, please contact
Catford Investments Ltd, TD9 on +44 1450 318977 * (local rate)

Monthly running costs Beta

£261 Monthly total

Mortgage

Purchase price
Deposit (10%) 1,700
Repayment term 25
Interest rate 1.5
Your payment £61 /mo How Much Could I Borrow In partnership with RBS

These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £11/mo (£133/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

What more do I get

Up to 9 smart home sensors

Included in the price of your cover

Home emergency assistance

Included in the price of your cover

Contents cover

£75,000 to Unlimited

Buildings cover

£750,000 to Unlimited

Energy

Gas £28 Electricity £42 Estimated energy cost £70/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 3500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Scottish Borders

Estimated tax band A Council tax cost £74 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £19 Sewerage £26 Estimated water cost £45 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Catford Investments Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Catford Investments Ltd, and do not constitute property particulars. Please contact Catford Investments Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all Oliver Crescent property for sale