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Galashiels Road, Stow, Galashiels, TD1

Scotland

£350,000
Listed on 03/10/2022

Property Details

Bedrooms
4
Type
Detached

Description

This unique property comprises both business premises previously utilized as a cafe/bar, and a spacious double upper villa featuring four bedrooms. Nestled in the charming village of Stow, near Galashiels in the Scottish Borders, it presents a compelling investment opportunity. The residential section includes an entrance vestibule that leads to an upper hall, providing access to a bright open-plan living area with dual aspect windows and a dual fuel burning stove. The kitchen comes equipped with wall and base units and stone effect worktops, though it would benefit from modernizing. Each of the four bedrooms offers generous space; while the family bathroom is fitted with a three-piece suite that could use an upgrade. The adjoining commercial space boasts significant potential, featuring a large bar area, pool room, and storage facilities that could be reimagined for various uses. Given the extensive upgrading required across both residential and commercial sections, this property not only offers the chance for personal customization but also for possible rental income or resale after improvements. With its strategic location just 20 miles from Edinburgh and easy commuter links via train and road, this property is ripe for transformation in a market where demand continues to grow.

Investment Analysis

(TD1 area)
Area Average
£175/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
98%
Properties sold annually

Local Market Trend (TD1)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +2.3%
5 year growth: +6.0%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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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