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26/2, High Street, Hawick, TD9 9EH

Scotland

£22,500

Listed on 30/06/2026

Property details

Bedrooms
1
Type
Flat

Description

Situated in the vibrant heart of Hawick, this spacious one-bedroom flat presents a promising renovation project with substantial investment potential. Boasting a home report valuation of £30,000, this property is primed for transformation. Upon completion of renovations, it has the capacity to generate a monthly rental income of around £400, translating to an attractive annual return of £4,800. The flat comprises an entrance hallway, kitchen, bathroom, living room, and bedroom. Its central location within this bustling Borders town enhances its appeal as a rental property. Hawick is not only known for its rich cultural heritage and educational institutions but also boasts excellent transport links via the A7 and Borders railway to Edinburgh and beyond. This property offers a unique opportunity to tap into the local rental market in an area that continues to grow in desirability among young professionals and families alike.

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Investment analysis

(TD9 area)
Area Average
£141/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

26/2, High Street, Hawick, TD9 9EH
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£85
Based on a loan of £16,875 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.

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