3 bedroom flat for sale

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3 bedroom flat for sale

147 High Street, Galashiels, TD1 1RZ
£65,000

Our Summary

  • Turnkey Investments offers Fantastic Capital growth potential
  • This property is offered at a fantastic price to ensure an Auction sale and an excellent gross yield of 7
  • Local sales evidence:   57, High Street, Galashiels, Selkirkshire TD1 1RZ previously sold for £155,000, 151, High Street, Galashiels, Selkirkshire TD1 1RZ sold for £98,000 Property offers Fantastic Capital growth potential
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created
  • Location: Galashiels stands as a prime investment opportunity poised for growth and development

Description

Prime Property Auctions is offering a 3-bed flat located in a prime area of Galashiels, with a home report value of £120,000. The property is currently tenanted and generating a monthly rent of £550, equivalent to an annual yield of 7.76%. The property has the potential to attract a monthly rental figure of £650-£795, resulting in an excellent yield of 8.2-11.2%. The property is offered at a fantastic price to ensure an auction sale and is professionally factored for turnkey investments. With strong sales evidence in the area, including properties previously sold for £155,000 and £98,000, this property offers fantastic capital growth potential and is sure to appeal to shrewd investors.
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