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See how verdicts work4-bedroom detached house · TD6 9LT
Under offerListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Allerly Mains is a charming and rarely available residential small-holding sitting within an enviable south-facing position at the edge of the popular village of Gattonside.
Comprising some 38 acres, sand menage, horse-walker and stabling for up to nine horses, the property offers a second to none opportunity in one of the Borders’ most sought after locations.
Retained within the same family ownership since 1968 the house itself comprises a well-extended stone farmhouse with three generous reception rooms and three spacious bedrooms laid out over two principal floors.
Whilst in need of some degree of modernisation the property offers extremely flexible living with ample opportunity for incoming purchasers to add their own stamp.
The property’s elevated position affords it some of the best views in the Borders stretching out to the Eildon Hills and River Tweed.
Externally the property boasts generous grazing paddocks, a fenced and floodlit sand menage, electric horse walker and ample stone yard space.
The property has capacity currently to stable up to nine horses with generous and well-fitted loose boxes making it a ready-made facility for those seeking a manageable equestrian property in a second to none location.
Note: All the farmland is registered for IACS purposes under location code 796/0137.
Summary of Accommodation: Ground Floor: Hallway, Sitting Room, Snug, Bedroom with En-suite, Dining Room, Breakfasting Kitchen, Sun-Room, Utility, Prep Kitchen, Utility, Rear Porch, Downstairs WC.
First Floor: Two Double bedrooms, dressing room/bedroom 4, sewing room, bathroom. Externally the property boasts 8 loose boxes, horse walker, sand riding arena, ample paddock grazing.
EPC Rating - E Council Tax Band - G Tenure - Freehold Viewings by appointment via Rettie Borders. EPC Rating: E Council Tax Band: G
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.
Area
Agent & docs

FAQ
About Gattonside, Melrose, Scottish Borders
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