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
Price Change	-11.67%

The upper level of 38 Channel Street in Galashiels is a vacant space with 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. This would generate a potential total income of over £50,000 per year. The property is located in a highly sought-after area, with easy access to leisure and retail amenities, as well as well-connected roads leading to Edinburgh City Centre. The location is also close to major retailers such as Tesco and Asda, making it an attractive investment opportunity. The property will be sold under auction terms and conditions, and the seller may be open to pre-auction offers, making it a unique chance to secure this potential goldmine.