Terraced house for sale

Scott Street, Galashiels, Scottish Borders TD1

Residential conversion project

We are delighted to present to auction this exciting residential conversion opportunity in the popular Borders town of Galashiels.

Enjoying convenient location close to Galashiels town centre, the property extends over three levels with works appearing to have commenced under historic planning reference 04/02261/cou to form three residential units.

Whilst extensive additional works are required to complete the three unit conversion, the current accommodation comprises, on the ground floor, entrance area, WC, public room and two bedrooms. The first floor offers two hallways, sitting room, three bedrooms, dining kitchen and shower-room, with the attic floor comprising four bedrooms and bathroom.

Completion of the project into three units could produce substantial end development value, although the option would still exist to adapt the accommodation into a larger single dwelling.
On completion of works into three units, market comparables suggest that rental income of £500-£700 per calendar month could be achieved dependent on quality and accommodation format.

This is a fantastic opportunity for a builder/investor to complete the works for rental or resale. Early viewing is recommended. Council Tax Band: C.

Galashiels is a town in the Scottish Borders, situated on the Gala Water river. It is a popular destination for visitors who want to explore the rich history and culture of the region, as well as enjoy the scenic landscapes and outdoor activities. Galashiels has excellent transport links, with regular bus and train services to Edinburgh, Glasgow, and nearby towns. The town also has a modern transport interchange, which opened in 2015 and connects the bus and rail networks.

Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.

Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.