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14 Back Row, Selkirk, TD7 4LP

£39,000

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Flat

Residential

14 Back Row, Selkirk, TD7 4LP

1

bed

1

bath

1

reception

Council tax: A

Vacant Ground Floor Flat

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Deadline for offers

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Description

  • PRIME NEW LISTING. We are excited to present this vacant 1-bedroom terraced house located within a prime location in Selkirk. HOME REPORT £45,000. 

  • Sales Evidence:**37 Back Row, Selkirk TD7 4LP sold for £81,000; 21 Forest Road, Selkirk TD7 5DA sold for £110,000; 12 Elm Row, Selkirk TD7 4EU sold for £70,000.**

  • This property offers an enticing opportunity for investors, as it could achieve a rental income between £580 to £630 monthly, translating to an annual income of £6,960 to £7,560. This promises a remarkable yield of 18% to 19% if purchased at the guide price.

  • This charming property is ripe for refurbishment, presenting a fantastic opportunity for BRRRR investors. It offers ample potential for capital and rental growth, making it an ideal investment.

  • Located in a sought-after area, this property allows buyers to add personal value or customisation. It's perfect for first-time buyers, students, or working professionals seeking an affordable home in a desirable location.

PRIME NEW LISTING. We are excited to present this vacant 1-bedroom terraced house located within a prime location in Selkirk. HOME REPORT £45,000. 

The property comprises a welcoming entrance hallway, a cosy living room, a comfortable bedroom, a well-equipped kitchen, and a modern shower room.

This property offers an enticing opportunity for investors, as it could achieve a rental income between £580 to £630 monthly, translating to an annual income of £6,960 to £7,560. This promises a remarkable yield of 18% to 19% if purchased at the guide price.

This charming property is ripe for refurbishment, presenting a fantastic opportunity for BRRRR investors. It offers ample potential for capital and rental growth, making it an ideal investment.

Located in a sought-after area, this property allows buyers to add personal value or customisation. It's perfect for first-time buyers, students, or working professionals seeking an affordable home in a desirable location.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**37 Back Row, Selkirk TD7 4LP sold for £81,000; 21 Forest Road, Selkirk TD7 5DA sold for £110,000; 12 Elm Row, Selkirk TD7 4EU sold for £70,000.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Nestled in the heart of the Scottish Borders, Selkirk is known for its rich history and stunning landscapes. It's a vibrant town with a welcoming community, offering ample amenities, cultural attractions, and easy access to outdoor activities, making it a fantastic place to call home.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.