Tel: 01896 820 226 | Email: [email protected]

8 Bank Court, Galashiels, Scottish Borders, TD1 1DR
Guide Price £89,995

Sold STC
  • 8 Bank Court
    Bank Court
  • Sitting room
    Bank Court
  • Dining area
    Bank Court
  • Kitchen
    Bank Court
  • Kitchen
    Bank Court
  • Kitchen
    Bank Court
  • Bathroom
    Bank Court
  • Bathroom
    Bank Court
  • Bedroom
    Bank Court
  • Bedroom
    Bank Court
  • Bedroom
    Bank Court
  • Bedroom
    Bank Court
  • Bedroom
    Bank Court
  • Bedroom
    Bank Court
  • Bedroom
    Bank Court
  • Bedroom
    Bank Court
Please enter your starting address in the form input below.

  • Excellent investment opportunity
  • Close to new railway station
  • Gas fired central heating
  • Double glazing


**FABULOUS INVESTMENT OPPORTUNITY - GROSS YIELD IN EXCESS OF 10%**

*Home Report Valuation - February 2016 - £115,000*

8 Bank Court is an excellent investment opportunity, complete with HMO License, situated in the heart of Galashiels, which now benefits from a station on the new Borders Railway that runs from Tweedbank to Edinburgh.

A double upper flat which occupies the first and second floor of a larger building it provides a strong gross yield, with six letting rooms and is ideal as a student let with Heriot Watt University and Borders College campuses located in the town.
On full occupancy, the property has the potential to provide a gross yield of around 13% based on the current Home Report valuation of £115,000. It should be noted that the flat currently has five rooms let out and is bringing in a monthly income of: £1,260 – at a gross yield of around 10%.

Alternatively, the internal layout could be altered, subject to the necessary permissions, to provide a spacious apartment in a very central location.
Double glazed, with gas fired central heating the property is in good condition, and is easily maintained. There is on-street parking nearby and local amenities are in the immediate vicinity.

Edinburgh 34 miles. Tweedbank 3.0 miles. Melrose 4.5 miles Peebles 19.0 miles (All distances are approximate)

DIRECTIONS

For those with satellite navigation the postcode is: TD1 1DR

From Melrose take the A7 into Galashiels and onto the Abbotsford Road. Continue over the first small roundabout and proceed forward to the next roundabout and take the second exit. Continue for around two hundred yards and turn first left onto Albert Place and continue forward onto Bank Street, and over the pedestrian lights. Turn right onto Bank Close and you will come to Number 8 Bank Court which sits on the left corner and is accessed by a small path leading to the stone staircase.

From the North follow the A7 through the centre of Galashiels, passing ASDA and Tesco and turn right onto Albert Place and follow the above directions.
*You can contact the agent 7 days a week to organise a viewing - subject to availability - 01896 820 226*

Click to enlarge

Bank Court
Galashiels TD1 1DR
County: Scottish Borders
Sale Type: Sold STC
Ref #: MP002134

T: 01896820226

Check these out!

Fenwick Park
Fenwick Park
Fenwick Park
Fenwick Park
Fenwick Park

6 Fenwick Park, Hawick, Scottish Borders, TD9 9PA

Guide Price £450,000

bedrooms6    bathrooms 2    receptions 4   

VIDEO VIEWING AVAILABLE 6 Fenwick Park is an immaculately presented and spacious five/six-bedroom detached family home situated in a popular residential area of the large Borders town of Hawick. (...)

Brewster Place Gattonside
Brewster Place Gattonside
Brewster Place Gattonside
Brewster Place Gattonside
Brewster Place Gattonside

6 Brewster Place, Gattonside, Melrose, Scottish Borders, TD6 9NE

Guide Price £165,000

bedrooms2    bathrooms 1    receptions 1   

6 Brewster Place is a very well presented two-bedroom end terrace property situated in the popular village of Gattonside, which lies just across the River Tweed from the popular Borders town of (...)

Recently Sold Properties

Brunton Park Bowden
Sold STC
Brunton Park Bowden
Brunton Park Bowden
Brunton Park Bowden
Brunton Park Bowden

Eildonlea, 51 Brunton Park, Bowden, Melrose, Scottish Borders, TD6 0SZ

Guide Price £275,000

bedrooms4    bathrooms 2    receptions 2   

Eildonlea is a spacious and well-presented four-bedroom detached house situated in the much sought-after village of Bowden. Only a short drive from the principal Borders Town of Melrose, the property (...)

Chiefswood Road
Sold STC
Chiefswood Road
Chiefswood Road
Chiefswood Road
Chiefswood Road

79 Dingleton Apartme Chiefswood Road, Melrose, Scottish Borders, TD6 9HJ

Guide Price £159,995

bedrooms2    bathrooms 1    receptions 1   

79 Dingleton Apartments is an immaculately presented, bright and spacious two-bedroom apartment situated in a popular development in the desirable Borders town of Melrose. With dual entry, and (...)

Jenny Moores Road St. Boswells
Sold STC
Jenny Moores Road St. Boswells
Jenny Moores Road St. Boswells
Jenny Moores Road St. Boswells
Jenny Moores Road St. Boswells

The Rig Jenny Moores Road, St. Boswells, Melrose, Scottish Borders, TD6 0AN

Guide Price £280,000

bedrooms4    bathrooms 2    receptions 4   

*NEW* The Rig is a well presented and deceptively spacious four-bedroom family home located in the desirable Borders village of St. Boswells. With a strong catchment for primary and secondary (...)

We are members of