2 Teviot Crescent
Scotland
£55,000
Listed on 10/08/2026
Listed on 10/08/2026
The listing
Property details
Bedrooms
N/AType
Residential DevelopmentArea
1722 sqftDescription
A substantial town-centre commercial property arranged over three levels, extending to approximately 160 sq m. The building is currently occupied by Hawick Cycling Club and has accommodation suited to a range of office, retail, community or leisure uses. Residential conversion may be possible, subject to the necessary planning consents and permissions.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
76out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £55,000, this is a notably cheap acquisition against the local £/sqf average, giving the project a strong starting point. The property offers a large, flexible first-floor social space, substantial attic area and rear access with parking; its current commercial use also leaves scope to refresh the interiors for a suitable intended use. Residential conversion or attic development would depend on consents and feasibility.
Key opportunities
- Refresh the large first-floor social space and basic kitchen area to suit a chosen use.
- Make use of the substantial attic space, subject to feasibility and any required consents.
- Benefit from the town-centre position, double glazing, rear access ramp and hard-surfaced parking.
Key risks
- Visible staining on the attic ceiling warrants investigation to establish its cause and whether any repairs are needed.
- The rear hardstanding is cracked and patched, and the boundary wall has areas of deteriorated surface.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Transport
Nearest stations
Tweedbank Rail Station
12.6 miles
Train · Tweedbank
Galashiels Rail Station
13.4 miles
Train · Galashiels
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£225
Based on a loan of £41,250 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Services
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.
Nearby
Similar properties
Other listings you may want to compare.
