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 work2-bedroom flat · TD1 2HZ
Listing removedListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to market this very well-presented two bedroom upper maisonette located in a popular residential area just a short walk from Galashiels Town Centre.
The property offers well-proportioned accommodation with modern fixture & fittings, gas central heating, double glazing and a wood burning stove.
Galashiels town centre is within easy walking distance, including the Galashiels Railway Station and Transport Interchange.
A great range of schooling is available nearby including the well-regarded Glendinning Primary School and the new Galashiels Academy.
ACCOMODATION - HALLWAY - SITTING ROOM - BREAKFASTING KITCHEN - TWO BEDROOMS - SHOWER ROOM - Internally - The property is entered via UPOVC door into the welcoming entrance hall.
From here a door opens into the sitting room with dual aspect view and wood burning stove, providing a comfortable and well-proportioned space ideal for everyday living.
A set of double doors open into the kitchen with space for a dining table. The staircase leads to the upper landing where there are two bedrooms and the shower room.
The principal bedroom is a generous double with built-in wardrobe storage.
Kitchen - The dining kitchen is fitted with a good range of modern wall and base units overlaid with laminated worktops incorporating a stainless steel sink with mixer tap.
Integrated appliances include a washing machine and tall fridge-freezer. There is a range style cooker with overhead extractor hood.
Shower Room - The shower room is fitted with a three-piece suite including WC, vanity hand wash basin and Shower enclosure with mixer shower and laminated splashbacks.
Externally - To the rear, a communal pathway leads to the private garden grounds which provide an excellent relaxation and entertaining space which is largely laid to lawn and bound by timber fencing.
Fixtures & Fittings - All fitted carpets, floor coverings and integrated appliances are to be included within the sale. Services - All mains services are present.
Location - The property is located within a very popular residential area where local amenities are readily available nearby.
There is a regular bus service which runs daily with a bus stop located in close proximity to the property.
More comprehensive amenities are readily available a short distance away in Galashiels town centre including Galawater Retail Park and Galashiels Transport Interchange.
The Interchange houses the main Borders railway station providing regular services to and from Edinburgh Waverley Station.
Galashiels is the largest of the Border towns and is well served by a range of independent shops, restaurants, and cafes along with supermarkets and high street shops.
Nearby there is an excellent range of schooling, from primary through to secondary and university education.
The Mac Arts Centre and the Volunteer Hall host a wide variety of music events throughout the year attracting some well-known performing artists.
The town also benefits from a station on the Borders Railway, offering a journey time to central Edinburgh of less than an hour.
Country and sporting pursuits are readily available, including hill walking, fishing, golf, cycling and mountain biking in the Tweed Valley. Council Tax Band - Council Tax Band A.
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 Scottish Standard 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 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.
Area
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FAQ
About 189 Magdala Terrace, Galashiels
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