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Flat 5, Hawick TD9 1 bed flat for sale
6 Flat 5, Northcote Street, Hawick, TD9 9QU
£20,000
6 Flat 5, Northcote Street, Hawick, TD9 9QU
£20,000
Our Summary
- We are excited to bring to the market, this Fantastic Tenanted Investment Opportunity
- * READY LET CASH PRODUCING INVESTMENT * We are excited to bring to the market, this Fantastic Tenanted Investment Opportunity
- Property has an opening bid of £25,000 for Auction
- 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
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Here is a summary of the property description in a single paragraph:
This fantastic tenanted investment opportunity in Hawick, Roxburghshire, offers a current yield of 12.18% at a guide price of £25,000. The property, which was sold for £60,000 in 2022, currently generates a gross annual income of £3,900 through a tenant paying £325 per calendar month. With the potential to achieve between £400-£455 per month, the property could yield 19.2%-21.8% if achieved at the guide price. The property is well-maintained and features a communal entrance, open-plan living quarters, and a shower room. It's a great opportunity for investors seeking a high-yielding investment to add to their portfolio, with potential for capital growth and a serene yet accessible location in the heart of the Scottish Borders.