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Guide Price
£62,000 Guide Price

4/5 Duke Street, Hawick, TD9 9PY

209032634

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4

days

7

hours

32

minutes

7

seconds

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4

days

7

hours

32

minutes

7

seconds

Type

Flat

Ownership

Freehold

Occupation

Occupied

Bedrooms

2

Council Tax

Band: B
Home Report
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Home-Report.pdf
Legal Pack
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Legal-Pack-combined-pdf.pdf

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Legal Pack
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Tenanted Residential Investment Opportunity

Details

Property Summary

  • Prime Property Auctions New Entry. Large 2 bedroom Tenanted Flat, located in the popular town of Hawick. Guide Price, £62,000*** RARELY AVAILABLE DISCOUNTED PROPERTY ***

 
  • *** 39, Langsyde, Weensland Road, Hawick, TD9 9NW Sold for £138,000 in March 2020, 2, Wilton Hill, Hawick, TD9 8BA Sold for £135,000 in May 2022 *** 

 
  • Property could achieve £525 - £600 per month generating an annual income of £6,300 - £7,200 which would produce a gross yield of 10.16% - 11.61% based on a guide price of 62,000. Sure to appeal to a shrewd investor.

 
  • Property is currently tenanted at £400 per month generating a gross yield of 7.7% based on a GUIDE PRICE OF £62,000, and an annual income of £4,800. 

 
  • Located in the town of Hawick and conveniently close to local amenities and facilities.

 

 

 

Prime Property Auctions New Entry. Large 2 bedroom Tenanted Flat, located in the popular town of Hawick. *** RARELY AVAILABLE DISCOUNTED PROPERTY ***

 

Property consists of an entrance hallway, living room, dining room, kitchen, 2 bedrooms, a bathroom and ample storage throughout. 

Property could benefit from light refurbishment to benefit from full value. Sure to appeal to an investor looking for a TURNKEY INVESTMENT.

*** 39, Langsyde, Weensland Road, Hawick, TD9 9NW Sold for £138,000 in March 2020, 2, Wilton Hill, Hawick, TD9 8BA Sold for £135,000 in May 2022 *** 

 

 *** RARELY AVAILABLE DISCOUNTED PROPERTY ***

 

Property could achieve £525 - £600 per month generating an annual income of £6,300 - £7,200 which would produce a gross yield of 10.16% - 11.61% based on a guide price of 62,000. Sure to appeal to a shrewd investor.

 

Property is currently tenanted at £400 per month generating a gross yield of 7.7% based on a GUIDE PRICE OF £62,000, and an annual income of £4,800. 

 

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

 

 *** RARELY AVAILABLE DISCOUNTED PROPERTY ***

 

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:

 

Hawick is a picturesque town nestled in the heart of the Scottish Borders, renowned for its rich history and vibrant community. Situated along the River Teviot, Hawick is approximately 55 miles south of Edinburgh and 42 miles north of Carlisle, providing a serene yet accessible location for residents who appreciate both natural beauty and urban connectivity.

As one of the principal towns in the Scottish Borders, Hawick is steeped in history and cultural heritage. The town is famous for its long-standing tradition in the textile industry, particularly in producing high-quality knitwear and cashmere. Visitors can explore this heritage at local attractions such as the Borders Textile Towerhouse and the annual Common Riding festival, which celebrates Hawick's historical victories and traditions.

Hawick’s town centre is a bustling hub with a variety of shops, cafes, and restaurants, offering a pleasant blend of local and international flavours. The weekly market adds a touch of local charm, providing fresh produce and unique crafts from the surrounding region. For those interested in arts and culture, the Heart of Hawick complex hosts a cinema, gallery, and theatre, fostering a vibrant cultural scene.
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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.

Property Features

  • Prime Property Auctions New Entry. Large 2 bedroom Tenanted Flat, located in the popular town of Hawick. Guide Price, £62,000*** RARELY AVAILABLE DISCOUNTED PROPERTY ***
  • *** 39, Langsyde, Weensland Road, Hawick, TD9 9NW Sold for £138,000 in March 2020, 2, Wilton Hill, Hawick, TD9 8BA Sold for £135,000 in May 2022 *** 
  • Property could achieve £525 - £600 per month generating an annual income of £6,300 - £7,200 which would produce a gross yield of 10.16% - 11.61% based on a guide price of 62,000. Sure to appeal to a shrewd investor.
  • Property is currently tenanted at £400 per month generating a gross yield of 7.7% based on a GUIDE PRICE OF £62,000, and an annual income of £4,800. 
  • Located in the town of Hawick and conveniently close to local amenities and facilities.

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