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10 bedroom detached house for sale
5 Heatherlie Park, Selkirk, TD7 5AL
£140,000
5 Heatherlie Park, Selkirk, TD7 5AL
£140,000
Our Summary
- 4-acre site for further extension within a stunning location in Selkirk ***Fantastic development opportunity*** The property sits on a massive development plot of 1
- 424 Acres A huge opportunity for another property development site, further extension, luxury glamping sites, sports facilities and many more
- Subject to renovation and gaining the necessary information
- Previously a fully operational hotel, this property presents a tremendous opportunity for a developer or investor to unlock its full potential
- The property is currently uninhabitable and will require full renovation before habitation
- ***MASSIVE DEVELOPMENT GROWTH POTENTIAL *** We are excited to present a rare and unique opportunity to purchase an exceptional 10-bed detached property within a stunning location in Selkirk - ***Fantastic development opportunity*** The property sits on a massive development plot of 1
- ***MASSIVE DEVELOPMENT GROWTH POTENTIAL *** If used for serviced accommodation, the property could achieve £68 Per night (£680 Total) based on local comparables
- 424 Acres) Planning Local Planning Authority: Scottish Borders District, Selkirk,The Property is being offered at a massive discount to ensure auction sale
- The Property is being offered at a massive discount to ensure auction sale
- Perfect development opportunity for a shrewd investor or homeowner looking for a unique home they can put their own stamp on
- 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
- 4-acre site for further extension within a stunning location in Selkirk ***Fantastic de
Description
This unique property in Selkirk, Scotland, presents a rare opportunity for development or renovation. The 10-bed detached property sits on a massive 1.4-acre site, offering a huge potential for extension, luxury glamping sites, sports facilities, and more, subject to gaining planning permission. The property has a rich history as a fully operational hotel and has been uninhabitable for some time, requiring full renovation before habitation. With its prime location, stunning surroundings, and massive plot size, this property is an exceptional BRRR (Buy, Renovate, Rent, Refinance) opportunity, offering potential for amazing capital growth and rental income. If used for serviced accommodation, the property could achieve £173,740 per annum, based on a 70% occupancy rate. The property is being offered at a massive discount to ensure an auction sale, making it an ideal opportunity for a shrewd investor or homeowner looking for a unique home to put their own stamp on.