The Square, Earlston TD4 2 bed property for sale

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The Square, Earlston TD4 2 bed property for sale

The Square, Earlston TD4
£75,000

Our Summary

  • Prime Property Auction is excited to present this Large Premises previously operated as an Inn, now with approved planning for 4 residential flats, located within a prime location in Earlston *Guide Price of £80,000*  Property is being offered at a substantial discount
  • Application ref: 09/00036/OUT  Property will require refurbishment prior to habitation but could achieve market rent of between £2400 PCM / £28,800 PA which could give the property an impressive gross yield of 36% based on the guide of £80,000 once renovated
  • Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale
  • Prime Property Auction is excited to present this Large Premises previously operated as an Inn, now with approved planning for 4 residential flats, located within a prime location in Earlston *Guide of £80,000* Property Comprises:  Large reception area, Spacious Dining area, Bar, Kitchen, WC, Ample Storage Space
  • This versatile space, adaptable for a range of businesses, the property is sure to appeal to investors looking for investment opportunity in sought after locale
  • Application ref: 09/00036/OUT *Plans approved for 4 residential 2 bedroom units*  Property will require refurbishment prior to habitation but could achieve market rent of between £2400 PCM / £28,800 PA which could give the property an impressive gross yield of 36% based on the guide of £80,000 once renovated
  • Property is sure to appeal to Builders/developers/investors looking for a project and benefits from a rateable value of £6,100 and qualifies for business rate relief  and is now being offered at a huge discount to ensure auction sale
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: A large premises in Earlston, previously operated as an inn, is being offered at a substantial discount with approved planning for 4 residential flats. The property, which requires refurbishment, has the potential to achieve a gross yield of 36% based on the guide price of £80,000 once renovated. The property is situated in a desirable area with great access to motorways, local amenities, restaurants, schools, and sports facilities. With a rateable value of £6,100 and qualifying for business rate relief, this property is an excellent opportunity for builders, developers, and investors looking for a project. The property is being offered at a huge discount to ensure an auction sale and is open to immediate offers.
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