Initial price	£85,000
12/04/24	£65,000
Price Change	-23.53%

Prime Property Auctions is offering a 3 bed flat located in a prime area of Galashiels, with a home report value of £120,000. The property is currently tenanted at £550 per month, generating an annual income of £6,600. The property has the potential to attract a monthly rental figure of £650-£795, offering an excellent yield of 8.2-11.2%. With local sales evidence of similar properties selling for £155,000 and £98,000, this property offers fantastic capital growth potential. The property is professionally factored and ideal for turnkey investments, and the auction offers an immediate sale and a gross yield of 7.76%.