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Guide Price

£70,000

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Queen Mary's Buildings 5D Queen Street, Jedburgh, TD8 6EW

Residential

flat

Vacant

2

bed

1

bath

1

reception

Freehold

Excellent Residential Investment Opportunity

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Floorplan

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How to buy at auction

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Deadline for offers

3 days left

Description

  • PRIME NEW LISTING. We are excited to present this excellent residential investment opportunity:a vacant two-bedroom tenement flat located within a prime location in Jedburgh.

  • **8, Queen Mary's Buildings, Jedburgh TD8 6EW sold for £135,000 in April 2024**, **13, William's Court, Jedburgh TD8 6BS sold for £128,000 in August 2022**

  • This property presents a potentially excellent opportunity for serviced accommodation. With rates for similar properties in the area starting from around £112 per night, and assuming 70% occupancy per month, the unit could achieve a commendable £2,384 PCM (£28,616 PA), offering an exceptional gross yield if secured at the guide.

  • Sure to captivate shrewd buy-to-let & SA investors, this property offers a great high-yielding opportunity with promising capital growth potential, making it an attractive addition to any portfolio.

  • Perfectly situated in a desirable area, this property offers great access to motorways, local amenities, restaurants, schools, and sports facilities, ensuring a convenient and vibrant lifestyle.

PRIME NEW LISTING. We are excited to present this excellent residential investment opportunity:a vacant two-bedroom tenement flat located within a prime location in Jedburgh.

The property comprises a welcoming hallway entry, a bright and airy living room, a well-equipped kitchen, two spacious bedrooms, a modern toilet, a convenient laundry room, and ample storage throughout.

This property presents a potentially excellent opportunity for serviced accommodation. With rates for similar properties in the area starting from around £112 per night, and assuming 70% occupancy per month, the unit could achieve a commendable £2,384 PCM (£28,616 PA), offering an exceptional gross yield if secured at the guide.

Sure to captivate shrewd buy-to-let & SA investors, this property offers a great high-yielding opportunity with promising capital growth potential, making it an attractive addition to any portfolio.

Perfectly situated in a desirable area, this property offers great access to motorways, local amenities, restaurants, schools, and sports facilities, ensuring a convenient and vibrant lifestyle.

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:

**8, Queen Mary's Buildings, Jedburgh TD8 6EW sold for £135,000 in April 2024**, **13, William's Court, Jedburgh TD8 6BS sold for £128,000 in August 2022**

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

Jedburgh, a historic town in the Scottish Borders, boasts a rich cultural heritage with landmarks such as the Jedburgh Abbey. Known for its charming atmosphere and scenic landscapes, it offers a blend of traditional architecture and modern conveniences, making it an appealing place to live and invest.

Map

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)

£13,000

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Virtual Tour

Video Description Play Video: Queen Mary's Buildings 5D Queen Street, Jedburgh, TD8 6EW

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.