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See how verdicts work3-bedroom house · TD9 0HW
Likely sold STCReduced £10k (−6.7%) on 18 SepListed 383 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exceptional multi-use commercial property on Buccleuch Street offers over 200 square metres of versatile space across the ground and lower ground floors.
Its scale and adaptability make it an exciting prospect for anyone looking to establish, expand, or reinvent their business presence in a prime central location.
The location is ideal, just a short stroll from the town centre and its many amenities.
On-street parking is available directly outside the property, while the free Haugh car park nearby offers further convenience.
Accessibility has also been considered, with a side entrance ramp providing ease of access for all. What sets this property apart is the flexibility it offers.
Planning permission has already been granted to convert the space into a large three-bedroom residential dwelling.
This provides a remarkable investment opportunity, as well as maximising its commercial potential. The owner may consider renting the property upon application.
The Property At present, the ground floor provides six generous office spaces, complemented by a kitchenette and WC facilities, creating a practical and well balanced layout for professional use.
Access is available directly from Buccleuch Street, while a side entrance on St Georges Lane, complete with disabled ramp, ensures easy accessibility for staff and visitors alike.
Planning permission and building warrants were granted in 2023 to convert the building back into a substantial three-bedroom home.
Full details can be viewed on the Scottish Borders Council planning portal using reference 21/00421/ful or postcode TD9 0HW.
A central staircase leads to the lower level, where four additional rooms provide excellent space for further offices, meeting rooms, studios, or secure storage.
The property is comfortably heated by a recently installed gas combi boiler, and the mix of traditional sash and case windows alongside modern UPVC double glazing.
The central location is a key advantage.
With the town centre just a short walk away, the property benefits from close proximity to shops, cafés, and amenities, while parking is readily available on the street outside or at the nearby free Haugh car park.
Previously used as professional offices, the building’s scale, layout, and accessibility make it ideal for businesses seeking a prominent and flexible base.
From office headquarters to creative studios, consultancy spaces, or health and wellbeing practices, the potential here is significant.
The property retains many original features, including ornate cornicing and high skirtings, reflecting its history as a residential dwelling.
Services Mains Gas, Mains electricity, Mains Water (Metered), Public drainage. Rateable Value - £10,000 - Currently qualifies for 100% Discount depending on owners circumstances.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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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.
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FAQ
About 22, Buccleuch Street, Hawick
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