3 bedroom flat for sale

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3 bedroom flat for sale

147 High Street, Galashiels, TD1 1RZ
£65,000

Price History

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

Description

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 and generating a monthly rent of £550, equivalent to an annual yield of 7.76%. The property has the potential to attract a monthly rental figure of £650-£795, resulting in an excellent yield of 8.2-11.2%. The property is offered at a fantastic price to ensure an auction sale and is professionally factored for turnkey investments. With strong sales evidence in the area, including properties previously sold for £155,000 and £98,000, this property offers fantastic capital growth potential and is sure to appeal to shrewd investors.