For Sale By Auction | 14:00, 31 January 2019 | Lot 8

29, Keith House, High Street, Coldstream, Scottish Borders, TD12 4AP

*Guide | £49,500+ (plus fees)

  • Town House
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 31/01/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Development Opportunity

This impressive early Georgian B-listed townhouse enjoys commanding position on Coldstream High Street and offers an exciting development opportunity to return this property to its former glory. The spacious accommodation over two levels was formerly the manse for the church next door and incorporated maid quarters to the rear. The property requires full refurbishment which allows for a number of different end use options (subject to required consents) which could include a generous family home with, perhaps, a granny flat or holiday let to the rear or a holiday rental in full. The property benefits from a number of features including four confirmed Robert Adam fireplace surrounds, two ornate and two marble or slate. The highly attractive guide price allied with opportunity to add substantial value is sure to create strong interest from local developers as well as those from further afield.

Tenure

Freehold

Exciting development opportunity

Various options for end use including combinations of owner occupier and holiday rental

Popular Borders location

Excellent added value prospects

Area

Coldstream, often referred to as the gateway to Scotland, enjoys idyllic position on the banks of the River Tweed and is a popular with those enjoying life in the Borders as well as being a magnet for visitors looking to take advantage of the wide variety of outdoor pursuits on offer. There are beautiful walks along the riverside and in nearby Hirsel Country Estate and the local area also offers golf, horse riding and fishing amongst other sporting attractions. Coldstream itself is well known as the gateway to Scotland and is set on the banks of the River Tweed with beautiful walks along the riverside. in the nearby Hirsel Country Estate. The Northumberland National Park is on the doorstep and the beautiful beaches extending along the Berwickshire coast are also within easy reach. Coldstream town offers good primary schools and easy access to secondary schools, a variety of shops and is well placed for easy commuting to both Edinburgh and Newcastle via the mainline station at Berwick upon Tweed only 20 minutes away.

Local Authority

Scottish Borders Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.