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18b, Mansfield Gardens, Hawick, TD98AN - Image 1
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18b, Mansfield Gardens, Hawick, TD98AN

Scotland

£23,000
Listed on 17/04/2026

Property Details

Bedrooms
1
Type
Flat

Description

This spacious one-bedroom ground floor flat in the heart of Hawick presents a valuable investment opportunity. Accessed via a secure entry system leading to a communal stairwell, the property features an entrance hallway, kitchen, bathroom, living room, and bedroom. With essential repairs recommended, this flat is primed for conversion into a reliable buy-to-let asset. The estimated rental income ranges from £350 to £425 per month post-renovation, translating to an annual return of approximately £4,200 to £5,100. This location benefits from good access to local amenities and transport routes, enhancing its appeal for prospective tenants. With great potential for capital growth in this Borders town, it’s an ideal candidate for investors looking to maximize returns with some refurbishment work. The property currently holds an EPC rating of G.

Investment Analysis

(TD9 area)
Area Average
£142/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (TD9)

Area prices are rising by +8.9% over the last 12 months
3 year growth: +15.0%
5 year growth: +16.4%
Investment Disclaimer: Analysis based on TD9 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

18b, Mansfield Gardens, Hawick, TD98AN
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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
£81
Based on a loan of £17,250 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.

Stamp Duty Calculator

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