3-bedroom flat · TD1 1BN
Listing removedListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat D, 111 Channel Street is a bright, spacious and generously proportioned second-floor apartment, ideally situated in the heart of Galashiels town centre.
The property offers excellent access to a wide range of local amenities, including shops, cafés, restaurants and transport links.
The railway station is conveniently located just a two-minute walk away, providing excellent connections to Edinburgh and the surrounding areas.
The accommodation is particularly spacious and comprises a welcoming entrance hallway, a large and comfortable lounge, a well-equipped kitchen, bathroom, separate WC and three generously sized double bedrooms.
With its excellent town-centre location, generous room sizes and convenient transport links, this property would make an ideal home for a family or professional tenants seeking spacious accommodation in a central location.
EPC rating: C. Landlord Registration Number: 768588/355/30041. Letting Agent Registration Number: 1812052.
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
Short-let licence or registration needed
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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 Flat D, 111 Channel Street, Galashiels, TD1 1BN
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