Hislop Gardens, HAWICK, Scottish Borders
ED

Hislop Gardens, HAWICK, Scottish Borders

By EDWIN THOMPSON

£ 65,000

Reviews

2 out of 5 stars

EDWIN THOMPSON says ..

A rare opportunity to acquire a good sized residential building plot extending to approximately 0.61 acres with detailed plans for an executive style five bedroom detached villa incorporating integrated garaging, within this exclusive small development of bespoke architect designed detached homes...

Property Oracle says ..

This property listing presents a unique opportunity: a sizeable 0.61-acre plot in Hislop Gardens, Hawick, with detailed plans for a five-bedroom detached house including integrated garaging. The asking price of £65,000 appears reasonable considering the land size, but prospective buyers should factor in the significant additional costs of construction. The existing structure, visible in the photograph, appears to be in fair condition but would likely necessitate extensive renovations or demolition and rebuilding as per the accompanying plans. The lack of detailed information concerning the location’s proximity to amenities (schools, transportation, shops) requires further investigation. Buyers should independently verify the value proposition by obtaining accurate building cost estimates and considering the potential resale value once the new house is complete. The substantial plot size, however, presents considerable potential for a substantial property once developed. Overall, this presents a potentially lucrative investment for those willing to undertake a project of this scale, but a thorough due diligence process is recommended to assess the overall costs and potential return.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
4
Land
7
Bedrooms
5
Bathrooms
0

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

  • EDWIN THOMPSON created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
A7 £ 000.00 KM
McLagan Drive £ 000.00 KM
Harden Place £ 000.00 KM
Hillend Drive £ 000.00 KM
Scott Crescent £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hislop Gardens, HAWICK, Scottish Borders £ 65,000BUY5 / 100.00 KM
Former Trinity Manse, Howdenburn, Hawick, TD9 8PH £ 285,000BUY6 / 100.12 KM
Howdenbank, Hawick £ 120,000BUY7 / 100.31 KM
14, Ivanhoe Terrace Hawick, TD9 8EE £ 145,000BUY7 / 100.43 KM
10 Harden Place, Hawick, TD9 7BY £ 125,000BUY6 / 100.52 KM