1-bedroom flat · TD7 4JD
Listing removedListed 168 days
Opportunity summary
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About
This charming ground floor apartment is set within a striking red sandstone terrace, with immaculate accommodation and a neat garden frontage.
Nestled to the edge of the scenic surroundings of Selkirk, 16 Raeburn Place is a popular address benefitting easy access to the facilities of the town, as well as nearby transport links.
Ideal for those seeking a central and easily kept home, it also has a strong track record as a letting investment.
The main door ground floor apartment is beautifully bright and freshly decorated throughout; with the hall extending to the lounge set to the front, with feature fireplace and outlooks towards the valley, with a recently upgraded fully fitted kitchen opening to the rear.
The double bedroom is set quietly to the back of the property, with a modern shower room and excellent walk-in storage.
Externally, the neat garden frontage is a lovely sitting area with planted border and small section of lawn.
Shared access round the rear opens to two useful outhouses – ideal for bike and garden storage.
Location - The former County Town of Selkirk lies within the prime catchment area of the Central Borders.
The town itself has retained its county charm and has a good range of recreational Services and educational facilities including a swimming pool, gym, restaurants, shops and a scenic golf course.
The area is surrounded by rolling hills and lies close to the largely undiscovered Ettrick and Yarrow valleys providing some of the most glorious scenery in the Borders with excellent walking and cycling country on the doorstep.
Highlights - Charming stone building Excellent condition Ground floor with private section of garden & outhouse Buy-to-let potential Unrestricted on-street parking Accommodation Summary - Entrance Hallway, Living Room, Kitchen, Double Bedrooms, Shower Room, Walk-in Cupboard.
Energy Efficiency - Band D. Council Tax - Band B. Viewing & Home Report - A virtual tour is available on Hastings Legal web and YouTube channel - please view this before booking a viewing in person.
The Home Report can be downloaded from our website or requested by email Alternatively or to register your interest or request further information, call - lines open 7 days a week including evenings, weekends and public holidays.
Price & Marketing Policy - Offers around £75,000 are invited and should be submitted to the Selling Agents, Hastings Property Shop, 28 The Square, Kelso, TD5 7HH, , Fax Email - .
The seller reserves the right to sell at any time and interested parties will be expected to provide the Selling Agents with advice on the source of funds with suitable confirmation of their ability to finance the purchase.
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.
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About 16, Raeburn Place, Selkirk
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