Property description

Allars Bank is a newly refurbished second floor apartment, located just behind Hawick's main high street. This property has recently been decorated to a high standard making this the ideal purchase for an investor looking to start or grow their portfolio or even a first time buyer. The apartment comprises of entrance hallway, large and bright Living room, double Bedroom with built in storage cupboards, small, easily maintained kitchen and Shower room with WC. Further benefits include gas central heating, excellent storage space, fully doubled glazed windows and terrific town centre location. Realistic rent is around £400pcm giving an annual income of £4,800 and providing an potential yield of 12% if achieved for guide price.

This terrific property is within walking distance to the main High Street and all local amenities, including Morrison's supermarket, bus depot and a multitude of shops. Hawick is the largest of the Border towns and provides an excellent variety of leisure and shopping facilities and is famous for its rugby, Common Riding and cashmere trade, and is conveniently placed for easy access to all major routes both north and south bound. The surrounding area and countryside are renowned for its scenic beauty, steeped in history and tradition. The area is ideal for those who enjoy outdoor pursuits such as walking, cycling, horse riding and golf.

In the event of an offer being accepted the following charges will be payable immediately:-

Buyers Fee £3,000

Deposit to the sum of 10% of the sale price (subject to a minimum of £3,000)

EPC rating: D.
Amenities

Excellent investment flat

12% Potential Yield

Recently decorated to a high standard

Gas Central Heating

UPVC Double Glazed Windows

Under Additional Property Tax Threshold

Town Centre Location

Ideal for first time buyer

Great storage space

Pre-auction offers considered