Initial price	£60,000
25/10/25	£52,000
30/10/25	£59,000
Price Change	-1.67%

This vacant upper-level property at 38 Channel Street in Galashiels has planning permission for conversion into five flats, each with a potential sale value of up to £125,000 or rental value of £900 per month. This would generate a total income of over £50,000 per year. The property is located in a highly sought-after area with excellent amenities, including leisure and retail options, and is close to the train and bus stations. The town's proximity to Edinburgh City Centre, with a 33-mile drive, also makes it an attractive location. The property will be sold under auction terms and conditions, and the seller may be open to pre-auction offers.