16/9 Channel Street, Galashiels
JA

16/9 Channel Street, Galashiels

By James Agent

£ 79,950

Reviews

2 out of 5 stars

James Agent says ..

We are delighted to bring to the market this bright and spacious top floor apartment, located in the very heart of Galashiels town centre, within easy walking distance to Galashiels Train Station and Transport Interchange. The property offers well proportioned accommodation and benefits from exce...

Property Oracle says ..

This 2-bedroom, 1-bathroom apartment located at 169 Channel Street, Galashiels, in the Scottish Borders, is currently listed for £79,950. The property’s key advantage is its central location in Galashiels, providing easy access to the train station and local transportation links. This convenience is a major plus for potential buyers. The apartment itself offers a spacious interior with wooden floors, but shows signs of needing some refurbishment. Walls need repainting and some cosmetic repairs. The kitchen and bathroom are dated and could benefit from modernisation. A notable drawback is the lack of a garden or outdoor space, a common feature missing from apartment buildings. While the price sits above the listed comparable properties this can be justified by the additional square footage. Considering comparable properties in the area and the need for modernisation, the asking price appears fairly competitive for a two-bedroom flat in this location, but potential buyers should factor in the costs of necessary renovations. Overall, the property presents an opportunity for someone seeking a central location and willing to undertake some modernisation work. The lack of external space may however limit the property’s appeal to some prospective buyers. Further research into comparable properties in the area and the exact condition of the property is necessary before a final valuation can be concluded.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
895.56

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
194,167.00 £
Increased by 13.72 %
from 170,735.00 £
Est sale value
137,020.68 £
Decreased by 16.39 %
from 163,887.48 £
Average area rental value
625.00 £/mo
Decreased by 19.35 %
from 775.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.86 %
Decreased by 29.17 %
from 5.45 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • James Agent created the listing.

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Chapel Street £ 000.00 KM
Gala Park Gardens £ 000.00 KM
St John Street £ 000.00 KM
Ladhope Vale £ 000.00 KM
St Andrew Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Galashiels9329GAL0.25 KM
Tweedbank9500TWB5.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
16/9 Channel Street, Galashiels £ 79,950BUY4 / 100.00 KM
16/5 Channel Street, Galashiels £ 59,950BUY5 / 100.00 KM
Channel Street, Scottish Borders, Galashiels, TD1 £ 115,000BUY5 / 100.03 KM
Channel Street, Galashiels, TD1 £ 95,000BUYUnknown0.03 KM
38 Channel Street, Galashiels, Scottish Borders, T, TD1 1BA £ 60,000BUY4 / 100.04 KM