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Allars Bank, Hawick, TD9

Scotland

£25,000Guide Price

Listed on 15/08/2026

Property details

Bedrooms
1
Type
Flat

Description

This property presents a compelling refurbishment opportunity in the heart of Hawick, located within the scenic Scottish Borders. With the need for comprehensive internal renovation, it is ideal for investors or developers seeking a project with substantial potential for value enhancement. The layout includes an entrance hallway, a living room, kitchen/dining area, a double bedroom, and a bathroom. Notably, there is scope for an internal conversion to create an additional bedroom (subject to planning), which could further increase rental income prospects. With a home report valuation of £35,000 and a guide price reflecting a significant discount of 29%, this investment offers an attractive entry point into the buy-to-let market or even serviced accommodation options—especially considering the area's anticipated growth due to the new Center Parcs development. As Hawick gains traction among investors and experiences ongoing improvements that are likely to boost local tourism and economy, this property not only holds immediate appeal but also promises long-term returns.

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Location

Allars Bank, Hawick, TD9
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£94
Based on a loan of £18,750 over 30 years at 4.45% 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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