Bannerman Burke Properties says ..

Property Oracle says ..

This listing presents a substantial building plot of approximately 1.6 acres situated in Hawick, Scottish Borders. The land offers elevated views of the town and surrounding landscape. The absence of specific details regarding nearby amenities (schools, transportation, and shops) necessitates caution. However, considering Hawick’s status as a town, the availability of essential services is expected.

The photographs reveal a large plot of undeveloped land, bordering established residential properties. The site’s size and elevated position will likely make it an attractive prospect for someone planning construction. The associated architectural plans illustrate a proposed house design and floor plans, hinting at the potential use for this plot. This development potential is likely a key factor in pricing.

While a direct comparison to other properties is hindered by the lack of square footage data for the subject plot and its immediate neighbors, the £85,000 price tag might reflect the current land value and development potential in that area of Hawick. Considering the size of the plot, this seems a reasonably priced opportunity for developing a substantial property. Noteworthy is that nearby properties vary greatly in price, suggesting that the £85,000 is at the lower price point for the region. Further investigation into local planning regulations, building costs, and potential market conditions is advisable for a complete assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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