Delrion Suite, The Square, Earlston, TD4 6DB
PR

Delrion Suite, The Square, Earlston, TD4 6DB

By Prime Property Auctions (Scotland) Ltd

£ 75,000

Reviews

2 out of 5 stars

Prime Property Auctions (Scotland) Ltd says ..

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. (Sub...

Property Oracle says ..

This property in Earlston, Scottish Borders, is a large premises previously used as an inn, now with approved planning permission for conversion into four residential flats. The asking price is £75,000, which is described as a substantial discount from the guide price of £80,000. The images suggest the property is in a poor state of repair, needing extensive renovation. The interior is filled with outdated fixtures, debris and appears to be in a state of disrepair. There is no garden or outdoor space indicated in the provided information. While the location in Earlston could be considered advantageous given its proximity to other areas, the condition of the property itself is significantly detracting from any location score. The lack of specifics regarding the nearby amenities also limits the precise location evaluation. Overall, this is a high-risk, high-reward investment opportunity requiring substantial capital for renovation, but with the potential for a significant return if the conversion to flats is successfully completed. Prospective buyers should carefully evaluate the costs of renovation and the local market before making an offer.

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
7
Condition
3
Location
6
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
1,000.00

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
376,133.00 £
Increased by 50.19 %
from 250,445.00 £
Est sale value
638,000.00 £
Increased by 131.16 %
from 276,000.00 £
Average area rental value
1,250.00 £/mo
Increased by 20.42 %
from 1,038.00 £/mo
Est letting value
2,000.00 £/mo
Increased by 100.00 %
from 1,000.00 £/mo
Est rental Yield
3.99 %
Decreased by 19.72 %
from 4.97 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Prime Property Auctions (Scotland) Ltd created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Gun Road £ 000.00 KM
Station Brae £ 000.00 KM
Ash Lane £ 199,99900.00 KM
Thornfield Crescent £ 130,00000.00 KM
Thorn Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Tweedbank9500TWB9.87 KM

Nearby Listings

AddressPriceTypeScoreDistance
Delrion Suite, The Square, Earlston, TD4 6DB £ 75,000BUY4 / 100.00 KM
3 Swan Apartments, High Street, Earlston, TD4 6DE £ 90,000BUY6 / 100.11 KM
2 Manse Place, High Street, Earlston, TD4 6DE £ 285,000BUY7 / 100.18 KM
High Street, Earlston, Scottish Borders £ 175,000BUY8 / 100.21 KM
3 Thornfield Crescent, Earlston, TD4 6EA £ 190,000BUY7 / 100.33 KM