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Palace Street, Berwick-Upon-Tweed

Scotland

£150,000
Listed on 15/12/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1755 sqft

Description

This four-bedroom terraced townhouse presents a compelling opportunity for those looking to invest in a property with significant renovation potential. Located in a desirable residential area of Berwick-upon-Tweed, the home is conveniently situated within walking distance of local amenities, including shops, restaurants, and the railway station. While the interior requires modernisation and updates, it holds great promise to be transformed into a wonderful family residence or a lucrative rental investment. The layout features a spacious lounge complete with an inglenook open coal fireplace, alongside a generous sitting/dining room that boasts a tiled fireplace. The kitchen offers oak units and opportunities for reconfiguration to enhance functionality. A sunroom overlooks the enclosed rear yard, providing an inviting space for outdoor dining. The first floor accommodates two sizable double bedrooms along with a four-piece bathroom suite, while two additional double bedrooms are located on the second floor. With full gas central heating already in place, this property is ready for its next chapter. The rear yard provides further potential for landscaping or even extending living space outdoors. Given its condition and location, viewing is encouraged to appreciate the possibilities that await.

Investment Analysis

(TD15 area)

Below Market Value

This property is priced -58.2% below area average per sq ft

-58.2%
Potential saving
This Property
£85/sq ft
Area Average
£205/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£394,787
10% above area average per sq ft
Potential ROI
+97.4%
After renovation
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
25%
Properties sold annually

Local Market Trend (TD15)

Area prices are falling by +2.2% over the last 12 months
3 year growth: -2.8%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on TD15 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

Palace Street, Berwick-Upon-Tweed
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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
£549
Based on a loan of £112,500 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