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 work3-bedroom house · TD6 9JB
Listing removedListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set at the heart of the picturesque Borders village of Lilliesleaf, Lillieslea is a charming detached home offering spacious and versatile accommodation full of character.
Benefitting from a generous private garden, off-street parking and a detached garage/outbuilding, all set within peaceful surroundings yet conveniently located for access to Melrose and the wider Borders.
Accommodation - entrance hall - kitchen/dining room - sitting room - lounge - principal bedroom with ensuite - dressing room - bedroom 2 - shower room - Internally The property offers bright, free-flowing accommodation over two floors.
The ground floor boasts an attractive dual aspect lounge with wood-burning stove, a separate sitting room and charming kitchen.
Upstairs, the principal bedroom benefits from a large ensuite and an adjoining room currently serving as a third bedroom, but would also be well-suited as a dressing room or nursery.
Also on the first floor is a further double bedroom and a family shower room.
Kitchen The kitchen has space for a table and is fitted with a range of wall and base units with wooden worktops and Belfast sink.
There is an attractive Rayburn range cooker, integrated fridge/freezer and under counter space for a free-standing washing machine.
Bathrooms The ensuite is fitted with a three-piece suite comprising panel bath, wc and wash hand basin.
Externally The property benefits from large mature gardens, with a spacious lawn, paved paths, well-stocked beds and mature trees.
Directly to the rear of the kitchen is a beautiful courtyard area ideal for relaxation and alfresco dining.
At the top of the garden is ample off street parking as well as a detached garage/outbuilding with adjoining summerhouse which enjoys wonderful views.
Outbuildings There is are two garages to the rear of the property both accessed via timber doors. There is a timber summerhouse.
There is a stone outhouse located in the rear garden which provides storage and a laundry room for convenience.
Location Lilliesleaf is an attractive village nestled in the midst of the Scottish Borders countryside, enjoying a wonderful sense of community with an excellent Primary school, village hall, pub, church and a golf course nearby.
Located only a short drive from the beautiful town of Melrose with its specialist independent shops, resting on the banks of the River Tweed and well known for its historic Abbey, the Melrose Sevens and the Borders Book Festival.
Further amenities can be found in nearby Selkirk and Galashiels, with Tweedbank providing a rail connection to Edinburgh.
The surrounding countryside and rolling hills are popular with golfers, walkers, cyclists and equestrian enthusiasts and the village location will appeal to those with an interest in country pursuits looking for a peaceful quality of life.
Council Tax Council Tax Band . Fixtures & Fittings All fitted carpets, floor coverings and integrated appliances are to be included within the sale.
Services Mains water, electricity and drainage, oil central heating via Rayburn. Viewings Strictly By Appointment Only via the Selling Agent.
Home Report A copy of the Home Report can be downloaded from our website.
Offers All offers should be submitted in writing in standard Scottish Legal format by your solicitor to James Agent (the selling agent).
All interested parties are advised to instruct a note of interest via their solicitor.
In the event of a closing date being set the Seller shall not be bound to accept any offer and the seller also reserves the right to accept any offer at any time.
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
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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 Lillieslea, Melrose
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