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See how verdicts work2-bedroom bungalow · TD3 6JT
For saleReduced £11k (−5.5%) on 26 OctListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SITUATION Cheviot Cottage sits peaceful just off the main street in the pretty village of Gordon.
Gordon, a 19th Century Borders village is surrounded by fine Borders countryside and local amenities include a public house, coffee shop, primary school, church and village hall.
Surrounded by stunning countryside walks including Gordon Community Woodland, cycling routes and other outdoor pursuits.
More comprehensive amenities are available in the nearby towns of Earlston and Kelso and Gordon offers an excellent primary school and nursery and is within the catchment area for the highly acclaimed Earlston High School which is consistently one of the top performing high schools in Scotland.
The location is commutable to Edinburgh with a 45-minute journey by car, or by train from the Tweedbank Railway Station which is 20 minutes away.
There is also an east coast mainline station at Berwick-upon-Tweed that links to London in less than 4 hours.
DESCRIPTION Cheviot Cottage is a newly constructed two-bedroom bungalow and presents a rare opportunity to acquire a part complete home with an adjoining development site, offering excellent potential to extend the existing build or construct a second dwelling within the adjacent plot.
The current cottage has been thoughtfully designed and offers a modest footprint, ideal for those seeking a manageable, low-maintenance home.
The dwelling is a structurally complete shell, providing the buyer with a valuable head start while still offering the freedom to finish and personalise the interior to their own taste and specification.
Internally, the layout has been planned to maximise space and functionality, designed for an open plan dining kitchen/lounge, two bedrooms, and shower room.
The single-storey design enhances accessibility and practicality, while the compact size ensures efficiency and ease of upkeep once completed.
A key feature of this opportunity is the adjoining development site, which significantly enhances the property’s appeal.
The additional land provides scope for further development, offering the opportunity of extension to the current build or a separate dwelling, making it attractive not only to private buyers but also to developers and investors seeking future growth.
Planning reference 23/00716/FUL relates to the erection of a second dwelling which is designed to form a footprint of approximately 72m2.
SERVICES All main services are installed and ready for full connection, significantly reducing build times and development costs.
ACCOMMODATION Ground Floor: Dining kitchen, two bedrooms & shower room. POST CODE TD3 6JT
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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
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FAQ
About Cheviot Cottage, Eden Road, Gordon, Scottish Borders, TD3
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