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Mansfield Gardens, Hawick TD9 1 bed flat for sale
Mansfield Gardens, Hawick TD9
£60,000
Mansfield Gardens, Hawick TD9
£60,000
Our Summary
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Hawick is a fantastic investment opportunity, offering a reliable and long-term rental income. The property is in good condition and features one bedroom, a kitchen, a three-piece bathroom, and a spacious lounge. Currently, it generates an annual gross income of £4,800, but with long-term tenants already in place, the new owner could increase the rent to a market rate of £11,400. With a worthwhile addition to an investor's portfolio, this property presents a great chance to earn a strong return on investment. The current tenants, who have lived in the property for several years, intend to remain, making for a smooth and hassle-free transition for the new owner.