We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · TD7 5BP
Listing removedListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
18 Cannon Street is a well-presented two-bedroom house situated in a convenient residential location in Selkirk.
The accommodation is arranged over two levels and comprises a spacious lounge, modern fitted kitchen, two well-proportioned double bedrooms with built-in storage and a contemporary shower room.
Externally, the property benefits from an enclosed, easily maintained rear garden with generous decking and a useful timber storage shed.
Accommodation - entrance hallway - lounge - kitchen - two bedrooms - shower room - Internally The property is entered via the entrance hall, which provides access to a useful storage cupboard and leads through to the spacious lounge.
The lounge forms a comfortable main living space, with stairs leading to the first floor and access through to the kitchen at the rear.
The kitchen is well proportioned and benefits from direct access to the outside.
On the first floor, the hallway gives access to two well-proportioned double bedrooms, both benefiting from built-in wardrobe storage.
A further storage cupboard and a shower room complete the accommodation on this level.
Kitchen The modern kitchen is fitted with an excellent range of sleek wall and base units, complemented by wood-effect worktops and incorporating a stainless steel sink with mixer tap.
Integrated appliances include an electric oven and hob, with additional space for a washing machine, dishwasher and freestanding fridge freezer.
The kitchen is completed by contemporary flooring and provides direct access to the rear garden.
Bathroom The shower room is fitted with a three-piece suite comprising WC, wash hand basin with vanity storage and a generous walk-in shower with electric shower.
The shower area is complemented by contemporary tiled splashbacks and a glazed screen, creating a practical and well-presented space.
Externally The enclosed rear garden is designed for easy maintenance and is predominantly laid with timber decking, providing ample space for outdoor seating and entertaining.
The garden also benefits from a useful timber storage shed, with timber fencing and trellising forming the boundaries.
Fixtures & Fittings All fitted floor covering and integrated appliances are to be included with the sale. Services All mains services are present including drainage, electricity, gas & water.
Location The Royal and Ancient burgh of Selkirk is a historic market town in the Central Borders, beautifully situated on the banks of the Ettrick Water.
Positioned around six miles from railway stations in both Galashiels or Tweedbank, both providing a regular train service to Edinburgh with free parking at Tweedbank.
Selkirk enjoys excellent access to Edinburgh and other Border towns via the A7 and is well served by public transport.
There are excellent leisure facilities which include a nine-hole golf course, swimming pool and fitness centre, as well as a good range of local shopping amenities, several hotels and pubs.
Local tourist attractions include Bowhill House and Country Park, Halliwell’s House, The Haining Arts and Crafts Centre and nearby St. Mary’s Loch.
For the sporting enthusiast there is a variety of outdoor pursuits in the area including fishing on the Rivers Ettrick, Yarrow and Tweed, golf, hill walking and a selection of field sports.
Local schooling is excellent with secondary schooling at Selkirk High. Council Tax Tax Band C. Home Report A copy of the Home Report can be downloaded from our website.
Viewings Strictly by Appointment Only via James Agent. Offers All offers should be submitted in writing in Standard Scottish Format.
All interested parties are advised to lodge a Formal Note of Interest via their Solicitor.
In the event of a Closing Date the seller shall not be bound to accept any offer and reserves the right to accept any offer at any time.
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.
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FAQ
About 18, Cannon Street, Selkirk
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