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Guide Price
£80,000 Guide Price

Delrion Suite, The Square, Earlston, TD4 6DB

210109006

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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

Ownership

Occupation

Vacant

Bedrooms

Council Tax

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Incredible Development Opportunity

Details

Property Summary

  • Prime Property Auction is excited to present this Large Premises previously operated as an Inn, now with approved planning for 4 residential flats, located within a prime location in Earlston ***Guide Price of £80,000***

 
  • Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple  residential units. Application ref: 09/00036/OUT

 
  • Property will require refurbishment prior to habitation but could achieve market rent of between £2400 PCM / £28,800 PA which could give the property an impressive gross yield of 36% based on the guide of £80,000 once renovated. 

 
  • Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!

 
  • Property is situated in a desirable area with great access to motorways, local amenities, restaurants, schools and sports facilities.

 

Prime Property Auction is excited to present this Large Premises previously operated as an Inn, now with approved planning for 4 residential flats, located within a prime location in Earlston ***Guide of £80,000***

 

Property Comprises: 

 

Large reception area, Spacious Dining area, Bar, Kitchen, WC, Ample Storage Space.

 

This versatile space, adaptable for a range of businesses, the property is sure to appeal to investors looking for investment opportunity in sought after locale.

 

***POTENTIALLY HIGH YIELDING INVESTMENT***

 

Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple  residential units. Application ref: 09/00036/OUT

 

***Plans approved for 4 residential 2 bedroom units*** 

 

Property will require refurbishment prior to habitation but could achieve market rent of between £2400 PCM / £28,800 PA which could give the property an impressive gross yield of 36% based on the guide of £80,000 once renovated. 

 

Property is sure to appeal to Builders/developers/investors looking for a project and benefits from a rateable value of £6,100 and qualifies for business rate relief  and is now being offered at a huge discount to ensure auction sale!

 

Property is situated in a desirable area with great access to motorways, local amenities, restaurants, schools and sports facilities.

 

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: 

 

Earlston, nestled in the picturesque Scottish Borders, is a charming town that beautifully blends history with modern living. The town's streets are lined with a mix of traditional stone houses and contemporary homes, creating a welcoming and timeless atmosphere. Earlston's vibrant town centre offers a variety of local shops, cosy cafes, and friendly pubs, providing a warm community feel. Surrounded by rolling hills and lush countryside, Earlston is a haven for outdoor enthusiasts, with plenty of opportunities for walking, cycling, and exploring the natural beauty of the Borders. Discover Earlston, where historic charm meets the comforts of modern life, and every visit feels like a peaceful retreat.
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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.

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Property Features

  • Prime Property Auction is excited to present this Large Premises previously operated as an Inn, now with approved planning for 4 residential flats, located within a prime location in Earlston ***Guide Price of £80,000***
  • Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple residential units. Application ref: 09/00036/OUT
  • Property will require refurbishment prior to habitation but could achieve market rent of between £2400 PCM / £28,800 PA which could give the property an impressive gross yield of 36% based on the guide of £80,000 once renovated.
  • Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!
  • Property is situated in a desirable area with great access to motorways, local amenities, restaurants, schools and sports facilities.

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