2-bedroom flat · TD1 1BA
Under offerListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to the market this bright and spacious top floor apartment, located in the very heart of Galashiels town centre, within easy walking distance to Galashiels Train Station and Transport Interchange.
The property offers well proportioned accommodation and benefits from excellent local amenities including supermarkets, bars and restaurants, and a range of independent shops ACCOMMODATION - HALLWAY - KITCHEN - SITTING ROOM - TWO DOUBLE BEDROOMS - SHOWER ROOM - BOX ROOM - Internally - The property is accessed via a communal front door and stairwell.
The property is located on the third floor and offers two well-proportioned double bedrooms, a bright sitting room and spacious kitchen, as well as a shower room and useful box room.
Kitchen - The kitchen has space for a table and is fitted with a range of wall and base units overlaid with wooden worktops incorporating a stainless-steel sink.
There are free standing appliance spaces for a cooker, fridge and washing machine.
Shower Room - The shower room is fitted with a 3-piece suite including WC, pedestal wash hand basin and shower cubicle with electric shower. Services - Mains water, gas, electric and drainage.
Gas Central Heating and double glazing. Location - The property is located within the centre of Galashiels.
A fully comprehensive range of amenities and facilities are readily available nearby including Galawater Retail Park and Galashiels Transport Interchange.
The Interchange houses the main Borders railway station providing regular services to and from Edinburgh Waverley Station.
Galashiels is the largest of the Border towns and is well served by a range of independent shops, restaurants, and cafes along with supermarkets and high street shops.
Nearby there is an excellent range of schooling, from primary through to secondary and university education.
The Mac Arts Centre and the Volunteer Hall host a wide variety of music events throughout the year attracting some well-known performing artists.
The town also benefits from a station on the Borders Railway, offering a journey time to central Edinburgh of less than an hour.
Country and sporting pursuits are readily available, including hill walking, fishing, golf, cycling and mountain biking in the Tweed Valley.
Fixtures & Fittings - All fitted carpets, floor coverings, and blinds are to be included within the sale.
Council Tax - Council Tax Band A Home Report - A copy of the Home Report is available to download from our website. Viewings - Strictly By Appointment via James Agent.
Offers - All offers should be submitted in writing in standard Scottish Legal format by your solicitor to James Agent (the selling agent).
All interested parties are advised to instruct a note of interest via their solicitor.
In the event of a closing date being set the Seller shall not be bound to accept any offer and the seller also 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.
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
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FAQ
About 16/9 Channel Street, Galashiels
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