We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · TD6 9PX
Listing removedListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open viewing 2-4PM Sunday 24th may Little Fordel is a charming and rarely available semi-detached house with a large courtyard garden and private parking in a lovely central location within the sought-after market town of Melrose.
The house provides spacious accommodation over three floors with well proportioned rooms retaining attractive period detailing.
While the property has been well maintained it would now benefit from upgrading.
Accommodation comprises in brief: Ground floor: Vestibule, reception hall, elegant sitting room with southerly aspect, kitchen/dining room with aga, WC with utility cupboard, rear hall with external access to steps leading down to courtyard.
First floor: Master bedroom with en suite bathroom, further double bedroom with en suite shower room. Second floor: Two double attic bedrooms served by a bathroom.
There are lovely open views towards the Eildon Hills to the south and open countryside to the north.
Outside A private lane off Abbey Street (on the one way system turn right just before Hardies bikes) leads to the rear of Little Fordel where this private off-street parking for a number of cars and a large open courtyard area with high walls to the north and west.
There is a useful covered store area with power (including double external plug) and steps leading up to the rear door to Little Fordel.
Local Information Melrose is an attractive and well-connected town situated in the heart of one of the most desirable residential areas in the Scottish Borders, nestled between the River Tweed and the iconic Eildon Hills.
Rich in history and character, the town grew around the magnificent Melrose Abbey and was immortalised by Sir Walter Scott, whose nearby home at Abbotsford House remains one of the area's most celebrated landmarks.
The town offers an excellent range of educational facilities, including St Mary's School Melrose and a highly regarded local primary school.
Melrose itself boasts an excellent selection of independent shops, a supermarket, cafes, restaurants and hotels, with Borders General Hospital conveniently close by.
A regular train service to Edinburgh runs from nearby Tweedbank Station.
Renowned for its strong community spirit and sporting heritage, the town is home to Melrose Rugby Football Club, host of the internationally famous Melrose Sevens tournament each spring.
Residents also enjoy access to tennis courts and a popular golf course.
Every June, Melrose welcomes visitors from across the country for the acclaimed Borders Book Festival alongside a variety of cultural events throughout the year.
Reflecting its exceptional quality of life, Melrose has repeatedly been recognised by The Sunday Times as one of the best places to live in Scotland.
Little Fordel is located within the Melrose Conservation Area. Extras All fitted carpets, light fittings, curtains, blinds, integrated appliances and white goods are included in the sale.
No guarantees are given to the working order of the appliances/white goods and are sold as seen. Important Notice Please note that the property is part owned by an employee of Coulters.
Viewing By appt with Coulters. Tel EPC Rating EPC rating: E
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
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
.png)
FAQ
About Little Fordel, Abbey Street, Melrose
Explore nearby