2-bedroom flat · TD9 9QW
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A recently modernised two-bedroom apartment on North Bridge Street in Hawick, currently operating as a successful holiday let achieving £95 per night with approximately 70% occupancy, offering a ready-made investment opportunity or stylish residential purchase.
The property features a bright and spacious kitchen diner with integrated appliances including fridge freezer, oven and hob, dishwasher and washing machine, complemented by sleek white units, wooden effect worktops and marble effect splashbacks.
The stylish bathroom includes marble-effect wall panelling and a thermostatic shower over bath beneath a skylight.
Two generous double bedrooms are provided, one with built-in wardrobes, alongside a well-proportioned living room filled with natural light.
Based on current trading figures, the property delivers an estimated gross yield of approximately 22%, presenting a compelling opportunity for investors seeking a high-performing short-term let in a central Hawick location.
Internally, the apartment is presented in true move-in condition with a modern, neutral finish throughout.
Herringbone-style flooring enhances the main living areas, adding warmth and continuity to the space.
The kitchen diner offers excellent storage and preparation space, while the living room benefits from generous proportions and large windows that create a bright and inviting atmosphere.
The principal bedroom includes built-in wardrobes, with the second bedroom offering flexible accommodation for guests, family use or continued short-term letting configuration.
Situated on North Bridge Street within easy reach of local amenities, shops and transport links, this property offers flexibility, continue operating as a proven holiday let or convert to a quality residential home in the heart of Hawick.
EPC rating: C.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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.
Area
Agent & docs
FAQ
About Northbridge Street, Hawick, TD9
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