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Sundhope, Hawick, TD9

Scotland

£3,200,000
Listed on 26/07/2024

Property Details

Bedrooms
2
Type
Detached house

Description

This property presents a unique opportunity for those interested in both residential living and agricultural investment in the scenic Scottish Borders. Comprising approximately 1,839 acres of diverse landscape, this hill farm is situated between Newcastleton and Hawick, providing an appealing blend of rural charm and accessibility to local amenities. The proximity to both towns—7.8 miles to Newcastleton and 13 miles to Hawick—ensures that residents can enjoy essential services while benefiting from the tranquility of a countryside setting. The traditional stone and slate cottage offers two bedrooms and retains many period features, providing a solid foundation for modernization or expansion. With its spacious layout featuring two reception rooms on the ground floor, there is ample potential to create a comfortable home tailored to contemporary lifestyles. While renovation is required, the serene location enhances its prospects as a peaceful retreat or permanent residence. Beyond the main dwelling, the property includes various outbuildings such as a steel-framed dutch barn used for shearing and storage, along with a smaller stone barn that supports effective sheep handling facilities. These structures could also serve diverse functions, from agricultural use to additional storage or workshop spaces. The land itself is divided into 13 enclosures at an elevation of around 900 feet above sea level, with opportunities for ecological initiatives such as woodland creation and peat restoration. The variety of terrain—from improved grazing areas to rugged hillsides—offers numerous pathways for development and diversification within farming practices. Currently managed with a hefted herd of around 800 Blackface ewes, this property not only provides an established agricultural operation but also significant scope for expansion or alternative farming approaches. This setting harnesses exceptional botanical biodiversity thanks to its varied environments, making it ideal for those considering eco-friendly investments or agritourism projects. With abundant natural resources and strategic positioning in relation to regional transport links—under an hour’s drive from Carlisle and less than two hours from both Edinburgh and Newcastle—the potential here extends beyond simple landholding. In summary, this property represents more than just a dwelling; it stands as a versatile investment opportunity ripe for development or modernization amidst breathtaking landscapes. Whether seeking to establish a sustainable agricultural business or create a serene countryside home, this offering invites exploration into its myriad possibilities.

Investment Analysis

(TD9 area)
Area Average
£141/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (TD9)

Area prices are rising by +6.3% over the last 12 months
3 year growth: 10.2%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on TD9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Sundhope, Hawick, TD9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£11,722
Based on a loan of £2,400,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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