Property photos
Freehold
Offers over
£50,000
(£137/sq. ft)
1 bed flat for sale
Magdala Terrace, Galashiels TD11 bed
1 bath
1 reception
366 sq. ft
Key Information
Local area information
Property location
Nearby amenities
- Glendinning Terrace Primary School 0.2 miles
- Burgh Primary School 0.7 miles
- Galashiels 0.7 miles
- Tweedbank 2.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Buy-to-Let Opportunity
- Long Term Tenant Currently Situated
- Likely to attract enquiries from Serious Investors & Developers
- Spacious Lounge
- Three Piece Shower Room
- Rear Garden Space
- Close Proximity to Local Amenities
- Investment potential detailed below (Let Property Pack)
This property is a 1 bedroom flat located in Galashiels. It has a long term tenant currently situated, has been kept in good condition and is able to generate fantastic rental returns.
For investors in this area, this would be a rewarding addition to your portfolio!
This well-kept home is neutrally decorated throughout and features 1 bedroom, a three-piece shower room, a spacious lounge, a kitchen and garden space.
Investment details
The property currently produces an annual gross income of £4,800 which could be increased by the new owner to a market rate of £6,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested in viewing the Home Report, please call us.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Location
Galashiels has a lot of local valuable amenities including a supermarket, independent retail shops, cafes, bars and restaurants.
There are regular bus services connecting the other major Border towns as well as connections southward towards Newcastle. The Galashiels Train Station is also available making travel to surrounding areas quick and direct.
Living Space/lounge
The lounge makes for a fantastic living area with lots of space for furniture and gatherings.
Kitchen
The kitchen is a good size and has been kept in good condition by the tenants.
Bathroom
A bathroom consists of a wash basin, W.C. And walk-in shower.
Bedrooms
The bedroom is a good size with enough room for a double bed, bedroom furniture and storage cabinets.
Exterior
There is rear garden space outside the property.
Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.
For investors in this area, this would be a rewarding addition to your portfolio!
This well-kept home is neutrally decorated throughout and features 1 bedroom, a three-piece shower room, a spacious lounge, a kitchen and garden space.
Investment details
The property currently produces an annual gross income of £4,800 which could be increased by the new owner to a market rate of £6,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested in viewing the Home Report, please call us.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Location
Galashiels has a lot of local valuable amenities including a supermarket, independent retail shops, cafes, bars and restaurants.
There are regular bus services connecting the other major Border towns as well as connections southward towards Newcastle. The Galashiels Train Station is also available making travel to surrounding areas quick and direct.
Living Space/lounge
The lounge makes for a fantastic living area with lots of space for furniture and gatherings.
Kitchen
The kitchen is a good size and has been kept in good condition by the tenants.
Bathroom
A bathroom consists of a wash basin, W.C. And walk-in shower.
Bedrooms
The bedroom is a good size with enough room for a double bed, bedroom furniture and storage cabinets.
Exterior
There is rear garden space outside the property.
Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.
Floor plans and tours
Floor plans (1)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Let Property
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Let Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Let Property for full details and further information.