BID NOW AVAILABLE - The seller may consider an early bid. Submit an offer now >>

Lot 308

Guide Price: £35,000 - Bid Now

6 The Old Seed Mill, Coldstream, Scottish Borders, TD12 4DG


GO TO...  Map  Open Viewings  Floorplan  Auction Details   How To Bid

Key Features:

**Terrific Investment Opportunity** 1 Bedroom flat in modern estate in the popular Scottish Borders town of Coldstream.


  • Rental properties in the area likely to achieve £350-£375pcm giving an annual income of £4,200-£4,500 and providing a superb yield of over 12% if achieved for guide price.
  • This property previously sold for £53,000. Other sales evidence in area as follows:- **1 Old Seed Mill, Church Lane, Coldstream, Berwickshire TD12 4DG £72,500** **Flat 3, Old Seed Mill, Church Lane, Coldstream, Berwickshire TD12 4DG £68,000** **4 Old Seed Mill, Church Lane, Coldstream, Ber TD12 4DG £53,000** **10 Old Seed Mill, Church Lane, Coldstream, Ber TD12 4DG £75,000**
  • Property comprises:- Entrance Hallway, Living Room, Double Bedroom, Bathroom and Kitchen. Property further benefits from Gas central heating, double glazing and ample parking.
  • Coldstream is a pleasant border town located on the River Tweed. The town has a comprehensive range of local shops and services.


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Council Tax

Search SAA Records

- Click the above link to search the latest records for this post code. The Scottish Assessors Portal provides Council Tax and Rates for all properties in Scotland.


Full Details:

**Terrific Investment Opportunity** 1 Bedroom flat in modern estate in the popular Scottish Borders town of Coldstream. Property is sure to appeal to a number of investors and represents tremendous value for those either look to build or add to their portfolio. Property is in excellent move in condition and comprises:- Entrance Hallway, Large Living Room with French doors that open out to offer beautiful views of Coldstream, Double Bedroom with built in storage, family Bathroom and Kitchen. Property further benefits from Gas central heating, telephone entry system, double glazing and ample parking. Property is sure to rent out easily, rental properties in the area likely to achieve £350-£375pcm giving an annual income of £4,200-£4,500 and providing a superb yield of over 12% if achieved for guide price. There is some excellent sales evidence in this block, this property previously sold for £53,000. Other sales evidence in area as follows:- **1 Old Seed Mill, Church Lane, Coldstream, Berwickshire TD12 4DG £72,500** **Flat 3, Old Seed Mill, Church Lane, Coldstream, Berwickshire TD12 4DG £68,000** **4 Old Seed Mill, Church Lane, Coldstream, Ber TD12 4DG £53,000** **10 Old Seed Mill, Church Lane, Coldstream, Ber TD12 4DG £75,000**

Guide Price: £35,000 - Bid Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Bid Now Explained...

You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Map & Location:


Coldstream is a pleasant border town located on the River Tweed. The town has a comprehensive range of local shops and services. the property is well placed for the eastern borders and North Northumberland being equidistant from larger centres of Kelso and Bewrick, both of which have a good range of retail, banking and leisure facilities. Bewrick upon Tweed has an East coast railway station providing regular services to the North, Edinburgh and to the South, Newcastle.

Viewings:


Open Viewings Scheduled...


  • Friday, November 23, 2018  :  3.10PM -> 3.25PM


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Floor plan:

Click Image To Enlarge

Auction Details:



  • Auction Date...

    05 December 2018


  • Start Time...

    7.00pm


  • Auction Location...

  • Edinburgh Marriott Hotel

  • 111 Glasgow Road, EH12 8NF


Directions...

Glasgow Radisson | Edinburgh Marriott


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form