Melbourne Place, Newtown St. Boswells, Melrose, Roxburghshire
AU

Melbourne Place, Newtown St. Boswells, Melrose, Roxburghshire

By Auction House Scotland

£ 85,000

Reviews

2 out of 5 stars

Auction House Scotland says ..

This property is being sold by public auction. Pre auction offers will be considered. Please contact Auction House Scotland for further information.

Property Oracle says ..

This property is a 3-bedroom maisonette located in Newtown St. Boswells, Scottish Borders. The property is currently listed at £85,000. The average property price in the area is £261,961, with an average price per sqft of £295. Based on the images provided, the property is in need of significant renovation. The interior shows considerable wear and tear, requiring substantial work to bring it up to a habitable standard. The exterior, while part of a row of stone buildings, appears to be in keeping with the surrounding architecture. There is a small outdoor space, which is a positive feature. However, the lack of information regarding plot size and sqft makes it difficult to accurately assess the value for money. The condition of the property significantly impacts its value, and the required renovations would be substantial. The price of £85,000 is significantly lower than the average property price in the area, but this is likely due to its current state of disrepair. A potential buyer should factor in considerable renovation costs.

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
4
Condition
3
Location
7
Land
4
Bedrooms
3
Bathrooms
2

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 £
Average area rental value
1,250.00 £/mo
Increased by 20.42 %
from 1,038.00 £/mo
Est rental Yield
3.99 %
Decreased by 19.72 %
from 4.97 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Auction House Scotland created the listing.

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Railway Court £ 000.00 KM
Anworth Terrace £ 000.00 KM
Sprouston Road £ 135,00000.00 KM
Plainfield Terrace £ 000.00 KM
Glenburn Avenue £ 000.00 KM

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