Summary - 1, MANSFIELD GARDENS, HAWICK TD9 8AN
1 bed 1 bath Flat
Immediate income with long-term tenants in place and room to increase rent.
Freehold one-bedroom flat, approximately 624 sq ft
This one-bedroom freehold flat in Hawick is presented as a buy-to-let opportunity with long-term tenants in situ. The property is in good internal condition, arranged as a bedroom, three-piece bathroom, kitchen and a spacious lounge, and totals approximately 624 sq ft. It currently produces a gross annual rent of £4,800, with a stated achievable market rent of around £6,600.
The current tenancy offers immediate income for a purchaser; tenants intend to remain, which reduces void risk but limits immediate vacant-possession options. The property benefits from fast broadband, excellent mobile signal and easy walking access to local amenities, transport links and leisure facilities. It is freehold and situated in a predominantly ageing, established community.
There are clear maintenance and investment considerations. The exterior and front garden show post‑war rendered finishes that need upkeep, and internal decor is dated in places, offering scope for cosmetic refurbishment to increase rental value. The wider area is described as very deprived, which may constrain capital growth potential and tenant mix. A buyers’ premium applies to secure the purchase — factor this into overall costs.
For a buy-to-let buyer or small-portfolio investor seeking immediate income, this flat offers a straightforward, low-complexity addition with short-term uplift potential through modest refurbishment and active rent management. Those seeking substantial long-term capital appreciation should weigh local socio-economic indicators alongside projected rental gains.
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