3-bedroom flat · TD6 9PQ
Under offerListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
11 Market Square is a charming and extremely generously proportioned first-floor apartment, enjoying an enviable position in the heart of the highly desirable town of Melrose.
Set within a beautiful period building, the property benefits from a number of original features which enhance the character and appeal.
The accommodation is well laid out and comprises a shared internal hall and staircase, entrance hall, lounge, dining kitchen, three double bedrooms and a shower room, making it a versatile home suited to a variety of purchasers.
Perfectly placed for the town's many amenities, independent shops, cafes, Melrose Abbey, The Greenyards, scenic riverside walks and access to the Eildon Hills, this is a superb opportunity to acquire a distinctive home in one of the Borders' most sought-after locations.
Early viewing is strongly recommended.
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.
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 11 Market Square, Melrose, TD6 9PQ
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