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7 Eildon Terrace, Melrose, TD6 9QJ - Image 1
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7 Eildon Terrace, Melrose, TD6 9QJ

Scotland

£190,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1023 sqft

Description

This two-bedroom semi-detached property is situated in a desirable residential area of Melrose, offering a welcoming atmosphere and significant potential for enhancement. The home features a spacious layout that fosters comfortable living and is well-suited to modern lifestyles. Noteworthy is the conservatory, which adds valuable living space that can be utilized as a dining area, quiet retreat, or even a dedicated workspace. While the property is currently functional, there is ample opportunity for renovation, allowing new owners to refresh and customize the interiors to reflect their style. The exterior boasts generous gardens at both the front and rear, providing attractive outdoor space perfect for gardening enthusiasts or those who enjoy entertaining guests. Furthermore, a gravel driveway at the front enhances practicality with convenient parking options. This property presents an excellent foundation for first-time buyers or investors looking to capitalize on its untapped potential.

Investment Analysis

(TD6 area)

Below Market Value

This property is priced -16.0% below area average per sq ft

-16.0%
Potential saving
This Property
£186/sq ft
Area Average
£221/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£248,748
10% above area average per sq ft
Potential ROI
+15.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
833%
Properties sold annually

Local Market Trend (TD6)

Area prices are rising by +15.6% over the last 12 months
3 year growth: +6.7%
5 year growth: +49.9%
Investment Disclaimer: Analysis based on TD6 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

7 Eildon Terrace, Melrose, TD6 9QJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£685
Based on a loan of £142,500 over 30 years at 4.06% 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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