1-bedroom flat · TD1 3AN
Listing removedListed 66 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Galashiels, nestled in the heart of the Scottish Borders, is a bustling town known for its rich textile heritage and scenic beauty.
Surrounded by rolling hills and lush countryside, it offers a blend of historical charm and modern amenities.
The town boasts a vibrant community, with local shops, cafes, and cultural events that reflect its dynamic spirit.
Galashiels is also home to the Borders Railway, providing easy access to Edinburgh and enhancing its appeal as a commuter town.
With its welcoming atmosphere and picturesque setting, Galashiels is a delightful place to live, work, and visit.
Market Street is ideally situated in Galashiels town centre with all local shops and amenities right on the doorstep.
Residents can enjoy a variety of local and national shops, cafes, and restaurants, all within walking distance.
For those who appreciate outdoor activities, the nearby Gala Water and surrounding countryside offer scenic walking and cycling paths.
Excellent transport links, including nearby train and bus services, ensure that commuting to Edinburgh and other neighbouring towns is both quick and convenient.
Description The open plan living room and kitchen is generously proportioned and overlooks Market Street. The bedroom is situated to the rear of the building and overlooks the rear courtyard.
There is a shower room off the entrance hallway with three piece suite. The property has double glazing.
Accommodation The accommodation currently comprises: Ground Floor: Entrance hall, stairs to second floor. Second Floor: Entrance hall, open plan kitchen/ living room, bedroom, shower room.
Externally: Shared access courtyard.
Areas The property has been measured to the following areas: Description sq m sq ft 48a Market Street 32 344 E & o e please note that these measurements have been taken from the EPC register.
Services Mains electricity, water and drainage are understood to be connected. The main heating system is electric with instantaneous hot water. Council tax Council Tax Band A.
EPC rating: E Viewing By appointment with the sole agents. Edwin Thompson, Chartered Surveyors 76 Overhaugh Street Galashiels TD1 1DP
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 48/1, Market Street, Galashiels
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