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18 Sime Place, Galashiels TD1 1ST 3 bed flat for sale
18, Sime Place, Galashiels, TD1 1ST
£130,000
18, Sime Place, Galashiels, TD1 1ST
£130,000
Our Summary
- Located in the heart of Galashiels, this ground floor three-bedroom HMO flat offers a ready-made investment opportunity
- One of the three rooms is currently let at £400 per month, offering scope to increase occupancy and income
- Portfolio Potential: Can be purchased individually or with two nearby HMO properties (26 and 20 Sime Place), offering a scalable investment opportunity with strong yield prospects
Description
This ground floor three-bedroom HMO flat in Galashiels offers a ready-made investment opportunity, presented in turnkey condition with modernized neutral decor. The property has been fully reconfigured in 2008 and is situated close to local amenities, education facilities, and transport links, ensuring strong ongoing rental demand. The flat features three en-suite bedrooms, each with a study area, making it ideal for student or professional lets. One room is currently let at £400 per month, offering scope to increase occupancy and income. The property also benefits from a communal garden area and is currently licensed as a House in Multiple Occupation (HMO), although a new license would be required for any new owner.