5-bedroom flat · TD1 1DZ
For saleReduced £22k (−16.7%) on 21 OctListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime new listing. We are excited to present this turnkey investment opportunity located within a prime location in Galashiels.
Sales Evidence: Ravelston, Balmoral Place, Galashiels TD1 1JD sold for £185,000,58a, Gala Terrace, Galashiels TD1 3JT sold for £195,000.
Currently occupied with a rental income of £2,040pcm (£24,480 per annum), offering immediate cash flow and a readily lettable turnkey investment for buy-to-let landlords.
Sure to appeal to buy-to-let landlords, this property provides a readily lettable investment opportunity and represents a genuine turnkey purchase with excellent income potential.
Situated close to local amenities, schooling and public transport, the property enjoys a convenient setting that will strongly appeal to tenants seeking accessibility and everyday ease.
Prime new listing. We are excited to present this turnkey investment opportunity located within a prime location in Galashiels.
The property comprises a bright and airy first-floor living room, a well-appointed kitchen, a useful cupboard, a bathroom with additional cupboard storage, and two well-proportioned bedrooms.
The second floor offers a further three spacious bedrooms along with a shower room, creating a substantial five-bedroom residential opportunity.
Currently occupied with a rental income of £2,040pcm (£24,480 per annum), this property offers immediate cash flow from day one and represents an excellent opportunity for investors seeking a substantial buy-to-let asset.
With the benefit of an existing tenancy already in place, it is a readily lettable, turnkey investment with strong appeal for landlords looking for a straightforward addition to their portfolio.
The market rent has been provided at £2,040 per month (£24,480 per annum).
Sure to appeal to buy-to-let landlords, this property provides a readily lettable investment opportunity producing a great yield. This is truly a turnkey investment opportunity.
Situated near a host of local amenities, including parks, restaurants, and coffee shops, and within proximity to schools and public transport, this property offers convenience and accessibility, enhancing its appeal for potential occupiers.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area: Ravelston, Balmoral Place, Galashiels TD1 1JD sold for £185,000,58a, Gala Terrace, Galashiels TD1 3JT sold for £195,000. This lot is open to immediate offers.
Should you wish to offer now, you can do so via our "Offer now" button on our website. This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Galashiels is a popular Borders town that offers an excellent blend of convenience, community and scenic surroundings, making it attractive to families, professionals and tenants alike.
The town provides a good range of shops, supermarkets, cafés and everyday amenities, along with pleasant green spaces for leisure and outdoor enjoyment.
There are well-regarded schooling options nearby, while strong public transport links, including rail and road connections, make travel across the Borders and into Edinburgh straightforward.
With its welcoming atmosphere and practical amenities, Galashiels remains a desirable and accessible residential location.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 63, St Andrew Street, Galashiels
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