Summary - 1J Teviotdale Ct, Hawick TD9 8HZ TD9 8HN
2 bed 1 bath Flat
Low‑priced auction buy with strong short‑let and rental potential for investors..
- Vacant 2‑bed maisonette over two floors (third and fourth floors)
- Home Report value £30,000; auction guide price £15,000
- Freehold tenure; will be sold at auction, immediate offers possible
- Potential rental £600–£650 pcm; advertised Airbnb estimate £100/night
- Mid‑20th century communal block; exterior maintenance required
- Internally dated; likely need for cosmetic and possibly deeper refurbishment
- Located in a very deprived area; impacts long‑term growth risk
- Excellent mobile signal and fast broadband; no flood risk
A large two-bedroom maisonette offered for auction in Hawick, presented vacant and with a Home Report value of £30,000. Priced at £15,000 and freehold, the property is marketed for investors or buyers willing to refurbish and manage a rental or short‑let opportunity. The flat spans two levels (living room and kitchen on the third floor; bedrooms and bathroom on the fourth) within a mid‑20th century communal building.
Financial upside is the headline: suggested returns include forecasted Airbnb income at £100 per night (70% occupancy) and a projected rental range of £600–£650 pcm. These figures are marketing estimates and depend on occupancy, management costs, refurbishment outlay and compliance with letting or short‑let regulations. The lot will be sold at auction and is open to immediate offers.
Buyers should note clear drawbacks: the communal block shows external maintenance needs, internal décor is dated and cosmetic works are likely, and the wider area is assessed as very deprived which can affect long‑term capital growth and tenant demand. The sale is suited to investors or experienced renovators who can manage auction purchase risks and budget for repairs and letting setup.
Practical positives include freehold tenure, no flood risk, excellent mobile signal and fast broadband, plus very low council tax. The property’s vacant status and low guide price give scope for a quick purchase and value improvement where budgeted refurbishment is applied.
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