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See how verdicts work5-bedroom house · TD9 9TH
For saleListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Smiddy, Chesters, Hawick is a wonderfully flexible and generously proportioned home set within a peaceful rural hamlet, surrounded by unspoilt Borders countryside.
Once two traditional cottages, the property was thoughtfully combined many years ago to create a single, sizeable residence with an abundance of character and scope.
Presented in good overall condition, it offers not only an attractive setting and impressive internal space, but also huge potential for further renovation or reconfiguration.
The layout is exceptionally versatile.
The ground floor includes an entrance hallway, a bright lounge with multi aspect windows and direct garden access, a fitted kitchen, dining room, utility room and a second lounge, giving buyers a wealth of options for everyday living, entertaining or multi generational use.
The property also features two separate stairwells, each leading to two of the five bedrooms and the family bathrooms - a rare and highly practical arrangement that enhances privacy and flexibility.
Given its original layout as two cottages, The Smiddy offers exciting potential for a new owner to create an annexe or divide the property to form a private home with an adjoining self contained section.
This could be ideal for extended family, guest accommodation or an investment opportunity such as short term serviced lets, subject to the necessary consents. Externally, the property truly excels.
The garden grounds extend to approximately a quarter acre, offering sweeping lawns, patio areas and open views across the surrounding countryside.
A collection of outbuildings provides exceptional storage and hobby space, including greenhouses, timber sheds, a polytunnel and a fully wired garage.
Further parking is available both on and off street, adding to the practicality of the setting.
With its generous proportions, flexible layout and outstanding outdoor space, The Smiddy represents a rare opportunity to secure a characterful rural home with remarkable potential in a beautiful Borders location.
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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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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Smiddy, Chesters, Hawick, TD9 8TH
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