Guide Price £25,000.00
Guide Price £25,000
***GOING TO ONLINE AUCTION***
Brighton and Beck offer to the market this exciting refurbishment opportunity in the heart of Hawick in the Scottish Borders. Requiring full internal renovation, the property presents an excellent project for investors or developers. The property comprises an entrance hallway, Living room, kitchen/dining, double bedroom and bathroom. There is also potential for internal conversion to allow for an additional bedroom (STP). With a home report value of 35,000 pounds and an attractive 29% discount on guide price, this represents strong potential for capital uplift. Once upgraded, the property is well suited to the buy-to-let market or potentially serviced accommodation (subject to the necessary consents), taking into account the anticipated demand from the new Center Parcs development in the Borders. Whether you're looking to flip, hold, or operate as a short-term let, this is an affordable entry point with solid upside.
There is ongoing investment in the area, and this is expected to boost tourism and the local economy. Hawick is increasingly on investors' radar, so early interest is highly advised.
Hawick is the largest town in the Scottish Borders, known for its rich textile heritage and strong sense of community. It offers a full range of amenities including supermarkets, independent shops, cafes, restaurants, leisure facilities, and good local schooling. Surrounded by beautiful countryside, the town benefits from good transport links to Edinburgh, Carlisle, and the wider Borders region.
Important Note
The latest published guide price is displayed on the website. The reserve price is the minimum price at which the property may be sold. The guide price represents the minimum price at which the seller may be prepared to sell on the date the guide price is published.
Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted “subject to contract.” The reserve price may be higher than a previously quoted guide price. The guide price will be published online as soon as it becomes available. Lots may be sold or withdrawn prior to the auction.
Auction properties are subject to a buyer’s premium of a minimum of £5,000.00 + VAT (£6,000.00).
Each property listing will state the applicable buyer’s premium. For further information regarding a property’s buyer’s premium or any related fees, please contact a member of the team.
