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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 renovation and investment in the scenic Scottish Borders. Spanning an impressive 1,839 acres, this hill farm is nestled between the towns of Newcastleton and Hawick, offering a blend of natural beauty and rural charm. The expansive land is characterized by diverse topography, including peat areas, rocky hill faces, and prime grazing pastures, making it well-suited for agricultural development or diversification into eco-friendly projects. The traditional stone and slate cottage features two bedrooms and retains many period details that could be enhanced through thoughtful modernization. While the home requires some updates, its spacious layout provides flexibility for future enhancements or extensions. With views of the surrounding landscape from its elevated position at 900 feet above sea level, this residence has the potential to become a serene retreat or a charming family home. The property includes essential agricultural buildings such as a steel-frame dutch barn used for storage and shearing operations. A smaller adjoining barn complements these facilities with good handling setups, including sheep pens and races. Currently, the vendor manages a respectable flock of Blackface ewes on the property, which may appeal to buyers interested in continuing livestock operations. Location-wise, Sundhope enjoys proximity to local amenities in both Newcastleton and Hawick while providing easy access to major transport links. Carlisle can be reached within an hour's drive, while larger cities like Edinburgh and Newcastle are less than two hours away. This accessibility enhances the investment appeal for those considering agritourism or other commercial enterprises. With potential for woodland creation, peat restoration efforts, and carbon capture initiatives on its vast landholdings, this property not only offers substantial agricultural prospects but also aligns with contemporary environmental goals. Whether you envision returning the farmhouse to its former glory or exploring new avenues for growth on this expansive estate, Sundhope represents a rare chance to capitalize on Scotland's rich rural heritage.

Investment Analysis

(TD9 area)
Area Average
£135/sq ft

Renovation Potential

Est. Renovation Cost
£320,000 - £800,000
10-25% of property value
Monthly Sales
23
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (TD9)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 9.9%
5 year growth: 18.5%
Investment Disclaimer: Analysis based on TD9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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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