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4 bedroom flat for sale
42 High Street, Selkirk, TD7 4DD
£78,000
42 High Street, Selkirk, TD7 4DD
£78,000
Our Summary
- A Large 4 Bed Maisonette in a sought-after location in High Street, Selkirk *** HOME REPORT VALUATION £140,000*** ***1a, Market Place, Selkirk, Selkirkshire TD7 4BT sold for £140,000, Maihaugen, Old Bridge Road, Selkirk, Selkirkshire TD7 5DF sold for £180,000, 13, Halywell Hill, Selkirk, Sel TD7 4AD, sold for £150,000*** The property will require renovation to unleash its true potential
- ***RARE AUCTION PROPERTY*** We are excited to introduce this Prime Property
- ***RARE AUCTION PROPERTY*** GROUND FLOOR: Entrance Hallway and staircase FIRST FLOOR: Hallway Living Room / Dining Room Sitting Room / Bedroom Kitchen FIRST FLOOR: Landing Three further Bedrooms Bathroom with WC and wash hand basin Shower Room with WC and wash hand basin ***1a, Market Place, Selkirk, Selkirkshire TD7 4BT sold for £140,000, Maihaugen, Old Bridge Road, Selkirk, Selkirkshire TD7 5DF sold for £180,000, 13, Halywell Hill, Selkirk, Sel TD7 4AD, sold for £150,000*** The property will require renovation to unleash its true potential
- 50 based on a 70% occupancy, (Subject to gaining the necessary planning and information) The property has a Guide price that is sure to appeal to investors looking for a property that they can put their 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
Description
This large 4-bedroom maisonette in High Street, Selkirk is a rare opportunity for investors to purchase a property that requires renovation to unlock its full potential. With a Home Report valuation of £140,000, the property is expected to attract a monthly rental income of £750-£800, yielding 11-12% based on the guide price. Alternatively, the property could be used as a part-holiday let, generating an annual income of £52,377.50 based on 70% occupancy. The property is situated in a sought-after location, close to local amenities and with easy access to the surrounding countryside and commuter routes. With a guide price that is sure to appeal to investors, this property is an excellent BRRR and capital growth opportunity.