Initial price	£60,000
25/10/25	£52,000
30/10/25	£59,000
08/11/25	£54,000
Price Change	-10.00%

The vacant upper level of 38 Channel Street in Galashiels has planning permission for the conversion of the space into five flats, each with the potential to sell for up to £125,000 or rent for £900 per month, generating a total potential income of over £50,000 per year. The property is located in a highly sought-after area, just a short walk from the train and bus stations, major retailers such as Tesco and Asda, and with easy access to the A7 road, making it an attractive location for commuters. The property is being sold under auction terms and conditions, and the seller is open to pre-auction offers, making it a unique opportunity for potential buyers.