SALE BY ONLINE AUCTION 25TH FEBRUARY 2021 AT 9.00AM. We are pleased to offer this fantastic budget property in Galashiels - perfect for first time buyers or buy-to-let investors. One Bedroom Ground Floor Main Door flat close to Galashiels town centre. The property requires a degree of internal refurbishment.
The property consists of :
Living room/Kitchen 3.55 x 4.89 (11'8" x 16'1")
Shower Room 1.87 x 2.43 (6'2" x 8'0")
Bedroom 2.04 x 3.06 (6'8" x 10'0")
For those looking to buy-to-let, the property has been rented successfully for a number of years - though currently vacant. Expected rental income of £370 per month after refurbishment. The property is now available at a discounted price to ensure sale via auction.
The property further benefits from double glazing throughout, and there is copious on-street parking available. Galashiels town centre is within walking distance, while both Glendinning Terrace Primary School and Burgh Primary schools are each just a short walk away.
Recent nearby sales:
118a Glendinning Terrace - 1 bedroom - sold for £24,500 in July 2016
118 Glendinning Terrace - 1 bedroom - sold for £28,000 in June 2016
110 Glendinning Terrace - 2 bedroom - sold for £68,000 in December 2015
Galashiels is a busy town on the A7 road from Carlisle to Edinburgh. The town's most striking building, the Burgh Chambers. Originally built in 1867, the impressive clock tower added in the 1920s incorporates the town's war memorial and includes a beautiful statue of a mounted border reiver.
Today's Galashiels has successfully diversified away from its old dependence on textiles. One sign of this is found in the large headquarters on Bridge Street of Scottish Enterprise Borders. Elsewhere in the town, companies have set up engaged in fields as varied as medical research; software development; the production of leather clothing; and fish processing.
Galashiels has also very successfully improved its transport links in recent years. The "Waverley Route" railway from Carlisle to Edinburgh via Hawick and Galashiels opened for business in 1849. Galashiels Station was closed in 1969 with the rest of the line, but in September 2015 part of the route came back into use when the rebuilt "Borders Railway" opened, linking a new transport interchange in Galashiels with Edinburgh.
Give us a call to arrange a viewing on this property.
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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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