Sold Prior | Lot 16

Flat 3, 5, Arthur Street, Hawick, Scottish Borders, TD9 9QQ

Sold Prior

  • Flat
  • 3 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 27/06/2019

Auction Time

14:00

Auction Venue

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

Three bedroom maisonette

This generously proportioned and well maintained three bedroom maisonette is conveniently located for all local amenities including supermarkets, shops, leisure centre and library and will make an excellent affordable first time buy or buy to let offering a fantastic potential yield of over 17%. The property accommodation is set over two levels and comprises on the ground floor, entrance hallway, spacious lounge and kitchen. On the first floor there are three bedrooms and family bathroom. The property benefits from double glazed windows and gas central heating and externally there are well maintained communal gardens to the rear which are mainly laid to lawn. Early viewing is strongly advised to appreciate the fantastic accommodation on offer which has an excellent reduction from Home Report value.

Tenure

Freehold

Home Report £63,000

Massive 49% discount to Home Report value

Excellent buy to let opportunity

Fantastic potential rental yield of over 17%

Primary and secondary schooling nearby

Potential rental value £375pcm at LHA rate / £5,700pa

Area

The town of Hawick, located in the Scottish Borders boasts great walking routes, frequent bus services and direct access from Carlisle to Edinburgh via the A7. Local primary schools, secondary schools, shops and supermarkets can be found within walking distance.

Comparable

14/5 Duke Street: sold £65,000 02/18

Energy Efficiency Rating (EPC)

Current Rating D

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.