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See how verdicts work3-bedroom flat · TD1 1BJ
Listing removedListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
29/3 Channel Street is an extremely well situated top floor flat, located in the heart of Galashiels town centre ensuring most amenities and facilities are just a short distance on foot including the nearby transport interchange which provides quick and easy access into Edinburgh city centre.
Accessed via a secure entrance at ground level, the communal stairway is very well kept and leads up to the property on the second floor.
It has been sympathetically refurbished in recent years and, as such, is presented in excellent order with contemporary kitchen and bathroom fittings and offer surprisingly spacious accommodation with all rooms being generously proportioned.
There is the added benefit of a private parking space which is positioned to the rear.
This attractive property would be ideal as a primary residence, is ready to move into, and would be equally suitable as an investment opportunity or holiday home.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 29/3 Channel Street, Galashiels, TD1 1BJ
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