Initial price	£150,000
13/03/25	£140,000
Price Change	-6.67%

This unique property in Selkirk, Scotland, presents a rare opportunity for development or renovation. The 10-bed detached property sits on a massive 1.4-acre site, offering a huge potential for extension, luxury glamping sites, sports facilities, and more, subject to gaining planning permission. The property has a rich history as a fully operational hotel and has been uninhabitable for some time, requiring full renovation before habitation. With its prime location, stunning surroundings, and massive plot size, this property is an exceptional BRRR (Buy, Renovate, Rent, Refinance) opportunity, offering potential for amazing capital growth and rental income. If used for serviced accommodation, the property could achieve £173,740 per annum, based on a 70% occupancy rate. The property is being offered at a massive discount to ensure an auction sale, making it an ideal opportunity for a shrewd investor or homeowner looking for a unique home to put their own stamp on.