Two-bed freehold let with strong yield and instant income — tenant in situ..
Long-term sitting tenant producing a 7.12% gross rental yield
Freehold two-bedroom first-floor quarter house, turn-key condition
Presented £15,000 below home report valuation—immediate value uplift
Modern fixtures and fittings; ready for continued rental use
Generous side and rear garden grounds; low-maintenance lawn
Convenient bus route and ten-minute walk to Hawick town centre
On-street parking only; no private driveway
Located in a very deprived area — may limit capital growth potential
Presented as a turn-key, long-term let, 194 Ramsay Road is a compact two-bedroom first-floor quarter house offering immediate rental income and a gross yield of 7.12%. The flat is freehold, fitted with modern fixtures and fittings, and benefits from generous garden grounds to the side and rear — attractive to tenants and simple to manage for an investor.
Internally the layout is traditional and practical: entrance hallway, two double bedrooms, living room, kitchen and a modern bathroom with shower over bath. Ample storage and standard ceiling heights keep running and maintenance costs predictable. Broadband speeds and mobile signal are reported as good, supporting demand from working tenants or commuters.
The property is let to a long-term sitting tenant and is offered £15,000 below the home report valuation, making it a clear income-focused purchase. Its West End location sits on a local bus route and is about a ten-minute walk to Hawick town centre, which supports tenant demand for convenience and local amenities.
Buyers should note material considerations: the unit sits in a very deprived area which can affect long-term capital growth and tenant mix; the current tenancy restricts vacant possession on completion; and parking is on-street only. These factors suit buyers seeking steady cashflow rather than an owner-occupier needing immediate possession or premium capital appreciation.
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