Lowrie Property says ..
An excellent opportunity for a buy-to-let investment awaits with this one-bedroom apartment located in the sought-after Glebe Mill area, right in the centre of Hawick. This property has a long term tenant in situ with a guaranteed instant income.
Property Oracle says ..
This one-bedroom flat in Hawick, Scottish Borders, presents itself as a potentially viable option for first-time buyers or investors seeking a buy-to-let property. Its central location in Hawick offers accessibility to local amenities, though specifics regarding proximity to schools, transport, and significant landmarks are unavailable. The photographs indicate a property that is habitable and in reasonable condition, featuring functional interiors including a kitchen, bedroom and bathroom. There’s no clear evidence of significant renovation needs; however, updates to modernize the décor may be considered. The list price of £40,000 appears reasonable in light of other comparable properties in the town, although the property’s actual size is undisclosed. This makes it difficult to determine the precise value per square foot, but the overall price seems competitive for the area, especially for those who value location and convenience. The absence of outdoor space may be a significant drawback for some potential buyers. Overall, it is a functional property suitable for various buyers, with a price that suggests good value, but could benefit from property specifications such as the actual square footage.
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
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 376,133.00 £Increased by 50.19 %
- Average area rental value
- 1,250.00 £/moIncreased by 20.42 %
- Est rental Yield
- 3.99 %Decreased by 19.72 %
- Crime Rate
- 0.00 %
Agent Activity
Lowrie Property created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lovel Court | £ 0 | 0 | 0.00 KM |
| The Village | £ 60,000 | 0 | 0.00 KM |
| Slitrig Crescent | £ 0 | 0 | 0.00 KM |
| Pesco Mills | £ 0 | 0 | 0.00 KM |
| Drumlanrig Mews | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Glebe Mill, Hawick, TD9 | £ 40,000 | BUY | 5 / 10 | 0.00 KM |
| 5B, Howegate, Hawick, TD9 0AA | £ 65,000 | BUY | 6 / 10 | 0.06 KM |
| St. Marys Place, Hawick | £ 150,000 | BUY | 6 / 10 | 0.09 KM |
| 5/2, Sandbed Hawick, TD9 0HE | £ 55,000 | BUY | Unknown | 0.10 KM |
| 11 High Street, Hawick, TD9 9BZ | £ 120,000 | BUY | Unknown | 0.12 KM |