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See how verdicts work2-bedroom flat · TD6 9SZ
Listing removedListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom ground floor flat offers spacious and well-proportioned accommodation throughout, making it an ideal purchase for first-time buyers, downsizers or buy-to-let investors.
The property comprises an entrance hallway with excellent storage, a bright open-plan lounge/kitchen overlooking the south-facing rear garden, two double bedrooms and a modern bathroom.
Externally, the property benefits from a private, enclosed rear garden predominantly laid to lawn with a timber storage shed.
Conveniently located close to local amenities, transport links and schooling, the property represents an attractive opportunity in a popular residential location.
Accomodation - entrance porch - open plan lounge/kitchen - two bedrooms - bathroom - Internally The property can be accessed via either of the two external doors, both of which lead into a porch and then into the entrance hallway.
From the hallway, there is access to the bathroom, two double bedrooms, and the open-plan lounge/kitchen, as well as three useful storage cupboards.
The lounge/kitchen is situated at the rear of the property and enjoys a south-facing aspect, overlooking the rear garden and benefiting from plenty of natural light.
Kitchen The kitchen is fitted with a range of wall and base units with panelled cabinet fronts and laminated work surfaces.
Integrated appliances include an electric oven and electric hob, complemented by a stainless steel sink with mixer tap.
Provision is made for freestanding appliances, with designated space for a washing machine and fridge-freezer.
Bathroom The bathroom is fitted with a three-piece suite comprising a WC, pedestal wash hand basin, and bath with a mixer shower over.
The bath is complemented by a glazed shower screen and tiled splashbacks.
Externally To the rear of the property is a private, south-facing garden, predominantly laid to lawn and enclosed by timber fencing and mature shrubbery.
The garden also benefits from a useful timber storage shed. To the front of the property, there is a private monoblock driveway providing off-street parking.
A private gate at the rear of the garden provides direct access to a well-used pedestrian pathway leading to Melrose town centre and the Borders General Hospital, offering excellent convenience for local amenities and healthcare facilities.
Location Regarded by many as one of the most desirable Border Towns, which was voted "One of the Best Places to Live in Scotland in 2022" by the Sunday Times, Melrose provides and extensive range of local amenities including independent shops, supermarket, restaurants, cafes and hotels.
Local tourist attractions include Melrose Abbey, Harmony Gardens and Priorwood Gardens. It is also home to the world-famous annual Melrose Sevens and very popular Borders Book Festival.
Local schooling includes the Melrose Primary School, the highly regarded St Mary's Preparatory School and is within the Earlston High School Catchment Area, one only two schools in Scotland to feature in Tatler's Top 20 State Secondary Schools 2018.
There is an abundance of outdoor pursuits in the area including Rugby, Football, Golf, Horse Riding and Walking including the Southern Upland Way and St Cuthbert's Way.
Edinburgh is within easy commuting distance via the A68 and A7 Trunk Roads.
Tweedbank, only minutes to the west of Melrose, hosts the Park and Ride facility for the Borders Railway providing a service into Edinburgh with journey times of under one hour, Berwick Upon Tweed (approx.
38 miles) provides a major rail link for travel on the East Coat Railway Line to the South. International Airports can be found in both Edinburgh and Newcastle.
Services All mains services are present. UPVC Double Glazing and Gas Central Heating. Council Tax Council Tax Band C.
Fixtures & Fittings All fitted floor coverings and integrated appliances are to be included within the sale. Home Report A copy of the Home Report can be downloaded from our website .
Viewings Strictly by Appointment Only via James Agent. Offers All offers should be submitted in writing in Standard Scottish Format.
All interested parties are advised to lodge a Formal Note of Interest via their Solicitor.
In the event of a Closing Date the Seller shall not be bound to accept any offer and reserves the right to accept any offer at anytime.
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 16, Quarrydene, Melrose
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