
Scotland
£165,000Guide Price
Listed on 04/11/2026
Listed on 04/11/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £165,000, this substantial sandstone property is exceptionally cheap against the local £/sqf benchmark, making the acquisition price a major opportunity. Its large rooms, traditional cornices and panelling, and multi-level former-hotel layout offer plenty of scope to shape a distinctive residential conversion; the listing says work has started under previous planning permission, so check the current consent and feasibility. The sale is by auction: bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
This is a heavy project rather than a cosmetic refresh. The photographed interiors show dated finishes, worn or unfinished floors, an older kitchen area and a basic shower room, while the sandstone frontage and slate roof appear sound from the street view. The strong numbers are promising, but the scale of the conversion and the condition of the interior need careful assessment.
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
Create an alert and we'll notify you when similar renovation opportunities are listed.
Transport
Tweedbank Rail Station
12.4 miles
Train · Tweedbank
Galashiels Rail Station
13.2 miles
Train · Galashiels
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
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
Indicative tax based on the asking price and the options you select.
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.