2-bedroom flat · TD9 9HN
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TENANTED INVESTMENT | NEWLY REFURBISHED | £625 PCM | 8.33% GROSS YIELD | HOME REPORT VALUE £90,000 An excellent opportunity for investors to acquire a newly refurbished, two-bedroom buy-to-let property in Hawick, offered for sale with a tenant already in situ and generating £625 per calendar month from day one.
The property has been recently refurbished and is presented as a ready-made investment, removing the need for a buyer to undertake renovation works or source a tenant before generating rental income.
Located on Bourtree Terrace, the property occupies the first floor and offers well-proportioned accommodation extending to approximately 56m².
The accommodation comprises an entrance hallway, living room, fitted kitchen, two bedroomsand bathroom.
The property also benefits from double-glazed windows and gas central heating via a combination boiler.
With the current rent of £625 pcm, the property generates a gross annual rental income of £7,500, equating to an attractive gross yield of approximately 8.33% based on the £90,000 Home Report valuation.
Situated within an established area of Hawick, the property is conveniently positioned for the town centre, with a wide range of local amenities and facilities readily accessible.
For investors looking to add a turnkey, income-producing property to their portfolio, Bourtree Terrace offers the benefit of a refurbished property, an existing tenancy and immediate rental income.
Investment Highlights: Two-bedroom first-floor flat Newly refurbished Tenant in situ Current rent: £625 pcm Annual rental income: £7,500 Gross yield: approximately 8.33% Home Report valuation: £90,000 Gas central heating Double glazing Approximately 56m² Established Hawick locationImmediate income-producing investment Viewings are available by appointment and will be arranged with consideration for the tenant currently occupying the property.
EPC rating: D.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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 Bourtree Terrace, Hawick, TD9
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