Mansfield Gardens, Hawick TD9 1 bed flat for sale

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Mansfield Gardens, Hawick TD9 1 bed flat for sale

Mansfield Gardens, Hawick, TD9
£48,000

Price History

Initial price £75,000
23/03/25 £60,000
12/04/25 £50,000
16/04/25 £48,000
Price Change -36.00%

Description

This one-bedroom flat in Hawick offers a reliable and long-term investment opportunity for investors. The property is in good condition and features a kitchen, three-piece bathroom, and 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 income to £11,400. The property is a worthwhile addition to any investor's portfolio, with the potential for a significant increase in rental returns. The current tenants, who have lived in the property for several years, do not intend to move out, ensuring a smooth transition for the new owner.