Maisonette for sale in Wood Street, Galashiels TD1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Buy-to-Let Investment Property
- Tenanted & Fully Compliant
- Home Report £80K
- 2 Bedroom
- Current rental £420pm
- Current Yield 6.7%
- Unfurnished Let
- 56 sq m
- Price Includes Inventory Items & Safety Certificates
Property description
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since February 2015 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £5,040. A future tenancy has the potential to generate £7200pa. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £80K.
Nestled in the heart of the Scottish Borders amongst rolling countryside, the picturesque town of Galashiels is an idyllic haven for those seeking a rural lifestyle within a well-established residential area. The town offers excellent local amenities and is served by numerous supermarkets, independent stores, banks, and chemists. It also has a wide selection of restaurants, cafes, eateries, upscale bars, and traditional pubs. For leisure and entertainment, there is a cinema, museum, art gallery, and of course, the great outdoors. Perfect for gentle strolls and hill walks, the sublime natural landscape surrounding Galashiels is ripe for exploration. There is a good selection of parks for easy strolling and Ladhope Recreation Ground for a brisk hill walk that offers a breath-taking view over the town. Cyclists are also spoilt for choice with the nearby 4 Abbeys countryside cycle route (visiting four famous abbeys) and the National Cycle Network Route 1 travelling west to Innerleithen and Peebles, for world class mountain biking, or east to Melrose. For sports, the area is home to a cricket club and a rugby club, in addition to two wonderful golf courses at Ladhope and Torwoodlee. Galashiels is the ideal setting for horse riding too, with the annual Braw Lads Gathering creating a spectacular day out. With Galashiels train station and the A7 roadway, the area also provides a straightforward commute into Edinburgh – a journey which takes approximately one hour whether by car or rail. Schooling is available in Galashiels at both primary and secondary levels.
Property info
For more information about this property, please contact
Portolio, EH12 on +44 131 268 9576 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Portolio, and do not constitute property particulars. Please contact Portolio for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.