6 Flat 5, Northcote Street, Hawick, TD9 9QU

Description

• We are excited to bring to the market, this Fantastic Tenanted Investment Opportunity. Current Yield of 12.18% at Guide price of £25,000.

• Property could achieve between £400 - £455 per calendar month (£4,800 - £5,460 per annum), generating a fantastic gross yield of 19.2%- 21.8% if achieved for a guide price of £25,000.

  POTENTIALLY HIGH YIELDING OPPORTUNITY

• 4/1, Northcote Street, Hawick, Roxburghshire, TD9 9QU Sold for £60,000 in October 2022, 4 Northcote Street, Hawick, Roxburghshire, TD9 9QU Sold for £60,000 in 2022, 2/6, Northcote Street, Hawick, Roxburghshire, TD9 9QU Sold for £80,000 in November 2022

• Property is currently tenanted at £325 per calendar month providing a gross annual income of £3,900. Incredible yield of 15.6% at Guide price of £25,000.

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• Sure to appeal to investors looking for High Yielding investment to add to their portfolio.

  READY LET CASH PRODUCING INVESTMENT

We are excited to bring to the market, this Fantastic Tenanted Investment Opportunity. Current Yield of 12.18% at Guide price of £32,000.

Property comprises:Well kept Communal entrance. Open plan Living quarters, complete with kitchen area and a shower room. Property will be sold with tenant in situ.

Property could achieve between £400 - £455 per calendar month (£4,800 - £5,460 per annum), generating a fantastic gross yield of 19.2%- 21.8% if achieved for a guide price of £25,000.

Property is currently tenanted at £325 per calendar month providing a gross annual income of £3,900. Incredible yield of 15.6%. Property has an opening bid of £25,000 for Auction. You can place an offer by contacting the sales team. 

Great capital growth potential:

4/1, Northcote Street, Hawick, Roxburghshire, TD9 9QU Sold for £60,000 in October 2022, 4 Northcote Street, Hawick, Roxburghshire, TD9 9QU Sold for £60,000 in 2022, 2/6, Northcote Street, Hawick, Roxburghshire, TD9 9QU Sold for £80,000 in November 2022

Sure to appeal to Investor looking for High Yielding investment to add to their portfolio. READY LET CASH PRODUCING INVESTMENT.

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

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.

Map

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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.