Bourtree Terrace, Hawick, TD9
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
603 sq ft
56 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Newly refurbished
- Tenant in situ
- Annual rental income: £7,500
- Gross yield: approximately 8.33%
- Gas central heating
- Double glazing
- mmediate income-producing investment
- Two-bedroom first-floor flat
Description
TENANTED INVESTMENT | NEWLY REFURBISHED | £625 PCM | 8.33% GROSS YIELD | HOME REPORT VALUE £90,000
An excellent opportunity for investors to acquire a newly refurbished, two-bedroom buy-to-let property in Hawick, offered for sale with a tenant already in situ and generating £625 per calendar month from day one.
The property has been recently refurbished and is presented as a ready-made investment, removing the need for a buyer to undertake renovation works or source a tenant before generating rental income.
Located on Bourtree Terrace, the property occupies the first floor and offers well-proportioned accommodation extending to approximately 56m². The accommodation comprises an entrance hallway, living room, fitted kitchen, two bedroomsand bathroom. The property also benefits from double-glazed windows and gas central heating via a combination boiler.
With the current rent of £625 pcm, the property generates a gross annual rental income of £7,500, equating to an attractive gross yield of approximately 8.33% based on the £90,000 Home Report valuation.
Situated within an established area of Hawick, the property is conveniently positioned for the town centre, with a wide range of local amenities and facilities readily accessible.
For investors looking to add a turnkey, income-producing property to their portfolio, Bourtree Terrace offers the benefit of a refurbished property, an existing tenancy and immediate rental income.
Investment Highlights:
Two-bedroom first-floor flat
Tenant in situ
Annual rental income: £7,500
Double glazing
Established Hawick locationImmediate income-producing investment
Viewings are available by appointment and will be arranged with consideration for the tenant currently occupying the property.
EPC rating: D.- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- 2nd floor
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Visit our security centre to find out moreDisclaimer - Property reference P901. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lowrie Property, Hawick. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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