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Bewlie Mill, Lilliesleaf, Melrose TD6

Scotland

£695,000

Listed on 12/06/2026

Property details

Bedrooms
4
Type
Detached
Area
2196 sqft

Description

Nestled in a serene rural landscape, this former mill offers an expansive 2 acres of landscaped gardens and presents a unique opportunity for renovation and investment. Converted thoughtfully in the early 1990s, the property retains its traditional charm while providing a solid foundation for modern living. With ample privacy and stunning views, this home features five versatile stone outbuildings, including a sizeable stable and a garage, which could be adapted for various uses or converted (subject to planning). Inside, the ground floor boasts spacious accommodations ideal for family life, including a welcoming family room and a light-filled dining kitchen equipped with solid wood cabinetry. A separate utility room enhances functionality, while Bedroom 4 with its Jack and Jill wet room offers an ideal guest space. The first floor expands with three generously sized bedrooms as well as an expansive drawing room that opens onto the garden—perfect for gatherings or leisure. The outdoor space is rich with potential; alongside beautifully maintained gardens featuring mature planting and fruit trees, there’s a paddock exceeding an acre that could serve equestrian pursuits or smallholding aspirations. The various outbuildings provide significant storage options or serve as conversion opportunities to create additional living spaces or workshops. The unique blend of formal landscaping and productive land makes this property not only an excellent family home but also an attractive investment for those looking to unlock its full potential.

Investment analysis

(TD6 area)

Above Market Value

This property is priced +36.9% above area average per sq ft

+36.9%
This Property
£316/sq ft
Area Average
£231/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£558,245
10% above area average per sq ft
Potential ROI
-29.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (TD6)

Area prices are falling by -6.1% over the last 12 months
3 year growth: -0.1%
5 year growth: +35.2%
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

Bewlie Mill, Lilliesleaf, Melrose TD6
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,626
Based on a loan of £521,250 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.

Stamp duty calculator

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