Summary - GREENALL COTTAGE, ST. MARGARETS DRIVE, HAWICK TD9 0JE
3 bed 2 bath End of Terrace
Auction lot with strong rental potential after refurbishment — ideal for investors.
Three bedrooms and two bathrooms
Vacant possession — ready for refurbishment or immediate letting
Garden, single garage and paved driveway
Guide price £195,000; Home Report quoted at £260,000
Estimated rent after renovation £1,200–£1,300 pcm
Sold at auction — strict terms, buyer to allow for costs
Located in a very deprived area — may affect demand and resale
Fast broadband and excellent mobile signal
A vacant three-bedroom, two-bath end-of-terrace bungalow offered for auction with immediate vacant possession. The house includes a garden, single garage and driveway, plus fast broadband and excellent mobile signal — practical basics for rental or resale once modernised. It sits in a convenient spot close to local shops, schools and transport links.
Presented at a guide price of £195,000 and promoted as discounted for auction sale, this lot is aimed at buyers prepared to carry out refurbishment. After renovation the property is estimated to achieve £1,200–£1,300 pcm in rent, giving strong gross yield potential for an investor buying at guide price. The Home Report figure quoted (£260,000) and recent local sales indicate upside after works.
Buyers should note meaningful drawbacks: the wider area is classified as very deprived, and the property will require updating to reach the rental/market figures quoted. Being sold at auction means sale terms are strict and purchasers must allow for immediate costs and any required legal/buying fees. No flooding risk is recorded, and tenure is freehold.
This is a straightforward proposition for an investor or buyer comfortable with a re‑let or resale project: clear rental potential, practical amenities and strong connectivity, balanced by the need for refurbishment and the sale mechanics of an auction.
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