£74,995

2 bed maisonette for sale

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Freehold

Offers in region of

£74,995

2 bed maisonette for sale

Wood Street, Galashiels TD1

2 beds
1 bath
1 reception

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Glendinning Terrace Primary School 0.6 miles
  • Balmoral Primary School 0.9 miles
  • Galashiels 1 mile
  • Tweedbank 3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Buy-to-Let Investment Property
  • Tenanted & Fully Compliant
  • Home Report £80K
  • 2 Bedroom
  • Current rental £420pm
  • Current Yield 6.7%
  • Unfurnished Let
  • 56 sq m
  • Price Includes Inventory Items & Safety Certificates
Tenanted 2 bedroom buy-to-let maisonette flat in Galashiels. The property comprises on the 1st floor of an entrance hallway, living room, and Kitchen. On the upper floor, there is a landing, two bedrooms, and a bathroom. The property benefits from gas central heating, double glazing, and open views. The property is fully compliant for the rental market with Sat, property inventory, eicr, Gas Safety certificate, legionella risk assessment, and deposit certificate.

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since February 2015 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £5,040. A future tenancy has the potential to generate £7200pa. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £80K.

Nestled in the heart of the Scottish Borders amongst rolling countryside, the picturesque town of Galashiels is an idyllic haven for those seeking a rural lifestyle within a well-established residential area. The town offers excellent local amenities and is served by numerous supermarkets, independent stores, banks, and chemists. It also has a wide selection of restaurants, cafes, eateries, upscale bars, and traditional pubs. For leisure and entertainment, there is a cinema, museum, art gallery, and of course, the great outdoors. Perfect for gentle strolls and hill walks, the sublime natural landscape surrounding Galashiels is ripe for exploration. There is a good selection of parks for easy strolling and Ladhope Recreation Ground for a brisk hill walk that offers a breath-taking view over the town. Cyclists are also spoilt for choice with the nearby 4 Abbeys countryside cycle route (visiting four famous abbeys) and the National Cycle Network Route 1 travelling west to Innerleithen and Peebles, for world class mountain biking, or east to Melrose. For sports, the area is home to a cricket club and a rugby club, in addition to two wonderful golf courses at Ladhope and Torwoodlee. Galashiels is the ideal setting for horse riding too, with the annual Braw Lads Gathering creating a spectacular day out. With Galashiels train station and the A7 roadway, the area also provides a straightforward commute into Edinburgh – a journey which takes approximately one hour whether by car or rail. Schooling is available in Galashiels at both primary and secondary levels.

Floor plans and tours

Floor plans (2)

Floor plan 1
Floor plan 2

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

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  1. Zoopla
  2. For sale
  3. Scottish Borders
  4. Galashiels
  5. Wood Street

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