Worst House on the Street Logo
2 Teviot Crescent - Image 1
2 Teviot Crescent - Image 2
2 Teviot Crescent - Image 3
2 Teviot Crescent - Image 4
2 Teviot Crescent - Image 5
2 Teviot Crescent - Image 6
2 Teviot Crescent - Image 7
2 Teviot Crescent - Image 8
2 Teviot Crescent - Image 9
2 Teviot Crescent - Image 10
2 Teviot Crescent - Image 11
2 Teviot Crescent - Image 12
2 Teviot Crescent - Image 13
2 Teviot Crescent - Image 14
2 Teviot Crescent - Image 15
2 Teviot Crescent - Image 16

2 Teviot Crescent

Scotland

£55,000

Listed on 30/06/2026

Property details

Bedrooms
N/A
Type
Residential Development

Description

This expansive commercial unit, nestled in the vibrant town centre, presents an intriguing opportunity for investors and developers alike. Spanning over 160 sq m across three levels, it is strategically located near local amenities, ensuring high foot traffic and visibility. Currently housing the Hawick Cycling Club, the property is characterized by its versatility; it supports a variety of potential uses such as retail, office space, or leisure activities. Importantly, with appropriate planning permissions, there exists a strong possibility for conversion into residential units. The building features a welcoming front entrance that leads into a central hallway connecting to various ground-floor spaces. The front room is spacious and adaptable—currently utilized as storage but ripe for alternative uses. Essential facilities include separate male and female WCs along with a shower room equipped with two cubicles and a changing area, enhancing its functional appeal. Accessibility is bolstered by a rear door leading directly to a wheelchair-friendly ramp and dedicated parking space at the back. Moving upstairs to the first floor reveals a well-lit dining kitchen alongside an ample social area. This configuration not only provides an inviting atmosphere but also serves multiple purposes whether commercial or community-based. A fixed ladder offers access to a sizeable attic room that promises excellent storage capabilities or potential development options pending relevant approvals. In summary, this well-maintained property offers flexible accommodation over three stories while standing as an investment poised for future transformation.

Interested in similar properties?

Get alerted when similar renovation and investment opportunities become available.

Investment analysis

(TD9 area)
Area Average
£141/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (TD9)

Area prices are rising by +11.1% over the last 12 months
3 year growth: +19.5%
5 year growth: +23.4%
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

2 Teviot Crescent
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£208
Based on a loan of £41,250 over 30 years at 4.45% 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.

Stamp duty calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.