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**IDEAL INVESTMENT PROPERTY** 1 Bed flat in popular commuter town of Stow. Realistic annual rental income likely to be £4,800 providing yield of almost 10% **DM HALL HOME REPORT £70,000**
- The accommodation comprises:- Ground Floor Entrance Hall, Sitting Room, Kitchen/Dining Room. Double Bedroom and Bathroom.
- Property further benefits from Double glazed windows throughout, electric heating and garden to the rear EPC F
- SUPER SALES EVIDENCE ON STREET-146 Galashiels Road-£340,000, 142/144 Galashiels Road £190,000, 168 Galashiels Road £164,000, South Wing, Manorhead House, Galashiels Road £147,500
- Stow is a town in the Scottish Borders in the south east of Scotland. It lies a 30 minute drive from Edinburgh and 10 minute drive from Galashiels.
Freehold- Outright ownership of the property and land on which it stands.
Vacant- Full vacant possession offered at time of completion.
Full Details:**IDEAL INVESTMENT PROPERTY** 1 Bed flat in popular commuter town of Stow. Realistic annual rental income likely to be £4,800 providing yield of almost 10%. **DM HALL HOME REPORT VALUE £70,000** Recently refurbished 1 Bedroom flat in scenic borders town of Stow. Great location on A7 in between Galashiels and Edinburgh. One bedroom mid-terraced cottage in the popular village of Stow, close to all local amenities and within easy walking distance of the Borders Railway station at Stow. If you are looking for a move to the country with easy access to Edinburgh then this well proportioned cottage with comfortable accommodation is perfect. Easily maintained garden/yard to rear. This property is in superb walk in condition and accommodation comprises ground Floor Entrance Hall, Sitting Room, Kitchen/Dining Room, Double Bedroom and Bathroom. Property further benefits from Double glazed windows throughout, electric heating and garden to the rear. Excellent sales evidence in the area including, from the same street-146 Galashiels Road-£340,000, 142/144 Galashiels Road £190,000, 168 Galashiels Road £164,000, South Wing, Manorhead House, Galashiels Road £147,500 EPC F
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:
New Train Line has dramatically changed way of Living for the area making it easier to commute to Edinburgh which will only take 40 minutes. Stow is a town in the Scottish Borders in the south east of Scotland. It lies in the valley of the Teviot at the point where the River Slitrig joins it. The A7 Edinburgh to Carlisle road passes close to the town, with main roads also leading to Berwick upon Tweed (the A698) and Newcastle upon Tyne (the A6088.
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
21 March 2019
Edinburgh Marriott Hotel
111 Glasgow Road, EH12 8NF
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...
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...