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Galashiels Road, Stow, Galashiels, TD1 - Image 1
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Galashiels Road, Stow, Galashiels, TD1

Scotland

£350,000
Listed on 07/10/2022

Property Details

Bedrooms
4
Type
Detached house
Area
2164 sqft

Description

This property offers a unique investment opportunity, combining commercial and residential spaces in the charming village of Stow, located within the picturesque Galawater valley. Once functioning as a café/bar, this property consists of a double upper villa featuring four bedrooms and a versatile commercial area that can be revitalized with thoughtful renovations. The residential portion welcomes you with a staircase leading to a vestibule that connects to an upper hall distributing access across the first floor. The bright open-plan living room boasts dual aspect windows and is enhanced by a dual fuel burning stove complemented by a traditional wooden surround. This area is ready for modern updates, providing ample space for contemporary living while maintaining its welcoming character. Adjacent to the living space is a kitchen fitted with wall and base units along with stone effect worktops, offering potential for customization to meet modern standards. The villa includes two generously sized double bedrooms on the first floor—one featuring plush carpeting and space for storage, while the second offers stylish wooden panel accents. A family bathroom equipped with a three-piece suite and shower over bath rounds out this level. On the upper floor, there are two additional bedrooms of equal size, both carpeted and ready to be transformed into cozy retreats. In terms of commercial potential, the café/bar area requires refurbishment but boasts significant space for various business concepts. With an expansive bar area and adjoining pool room complete with its own bar facilities, there are numerous possibilities to establish a thriving local business or community hub. The presence of two WCs and an additional storeroom enhances functionality. Stow itself is an inviting rural village with essential amenities including a local shop with post office services, coffee shop/art gallery, village hall, nursery care options, primary school facilities with afterschool care programs, health centre services, and train station—all easily accessible within walking distance. Just 25 miles from Edinburgh city centre and conveniently located near Galashiels (a ten-minute drive), Stow supports commuting needs effectively. As one of seven stations along the Borders Railway project, Stow provides direct access to Edinburgh while bus routes facilitate travel throughout major towns in the Borders region. For those considering broadband options or mobile coverage, various providers ensure reliable service is available. In summary, this property presents an attractive canvas ripe for renovation—ideal for both residential living or entrepreneurial ventures in an increasingly desirable location in Scotland's beautiful Borders region.

Investment Analysis

(TD1 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£162/sq ft
Area Average
£168/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£399,312
10% above area average per sq ft
Potential ROI
-11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
100%
Properties sold annually

Local Market Trend (TD1)

Area prices are falling by +4.5% over the last 12 months
3 year growth: 0.0%
5 year growth: 4.6%
Investment Disclaimer: Analysis based on TD1 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

Galashiels Road, Stow, Galashiels, TD1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE