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Property Listing Details

2 bed flat for sale

Allars Bank, Hawick TD9

  • Under offer
Guide price

£24,000

Features

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room
  • Portfolio Of Two Flats
  • Portfolio Guide Price £49,000+
  • Tenant In Situ At High Street
  • Popular Borders Location
  • Attractive Asking Price
  • Potential Combined Rental Yield Of Over 21%

Description

Portfolio of two flats

This opportunity is a portfolio of two x two bedroom flats in the Borders town of Hawick. The Allars Bank flat enjoys preferred first floor position and offers accommodation comprising lounge, well equipped kitchen, two bedrooms and bathroom with over bath shower. The High Street flat is positioned on the top floor and is presented in good decorative order with accommodation comprising lounge, kitchen, box room off bedroom two and large bathroom. The property also offers electric heating and double glazing. The High Street property has a tenant in situ with a current rental of £5684 p.A. Producing rental income from day one, with potential lha rental achievable on Allars Bank of £4800 p.A. Showing a combined potential rental yield of over 21%. The competitive Guide Price and attractive potential rental yield make these flats an ideal addition to a buy to let investment.

Portfolio of two flats
Portfolio Guide Price £49,000+
Tenant in situ at High Street
Popular borders location
Attractive asking price
Potential combined rental yield of over 21%

Area
The Borders town of Hawick is well placed for access to major routes South bound. The town has an excellent variety of shopping, leisure, recreational and sports facilities. Edinburgh city centre can be readily accessed, plus the A7 links to southbound motorways. The commuter is increasingly seeking out the Scottish Borders region as an ideal location in which to settle for a quality lifestyle with a relaxed pace. 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 history and tradition.

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Purchasers notes


Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

× No tests have been made of services, equipment or fittings.
× No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
× All measurements, distances and acres are approximate.
× Fixtures, fittings and other items are not included unless specified in these details.

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Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • St Margaret's RC Primary School 0.3 miles
  • Hawick High School 0.3 miles
  • Leaplish Ferry Landing 19.2 miles
  • Belvedere Ferry Landing 19.7 miles

Price history

Sold prices provided by Land Registry
21st Mar 2018 £24,000 First listed
7th May 2018 £51,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Auction House Scotland. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House Scotland for full details and further information.