2 bedroom flat for sale

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2 bedroom flat for sale

4/5 Duke Street, Hawick, TD9 9PY
£55,000

Price History

Initial price £65,000
04/10/24 £62,000
07/11/24 £55,000
Price Change -15.38%

Description

This is a heavily discounted 2-bedroom tenanted flat located in the popular town of Hawick. The property has a guide price of £55,000 and is currently generating a gross yield of 8.7% based on the current rent of £400 per month. However, with some refurbishment, the property could potentially achieve a higher rent of £525-£600 per month, resulting in a gross yield of 11.45-13.09%. The property is conveniently located near local amenities and facilities, making it appealing to commuters. The property consists of an entrance hallway, living room, dining room, kitchen, 2 bedrooms, a bathroom, and ample storage throughout. It is being sold through Prime Property Auctions and is open to immediate offers.