Initial price	£60,000
25/10/25	£52,000
30/10/25	£59,000
08/11/25	£54,000
14/11/25	£58,000
21/11/25	£53,000
28/11/25	£58,000
Price Change	-3.33%

This vacant upper-level property at 38 Channel Street in Galashiels has planning permission to convert it into five flats, each with a potential sale value of up to £125,000 or rental value of £900 per month. The property is located in a highly sought-after area, with easy access to Edinburgh City Centre via the A7 and a short walk to the train and bus stations, major retailers like Tesco and Asda, and leisure and retail amenities. The property is being sold under auction terms and conditions, with the seller open to pre-auction offers. With a potential total income of over £50,000 per year, this is an attractive investment opportunity for those looking to capitalize on the high demand for residential developments in Galashiels.