Bourtree Terrace, Hawick, TD9

Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 1

Agent: Lowrie Property - Hawick Phone: 01450 318956

<p>TENANTED INVESTMENT | NEWLY REFURBISHED | £625 PCM | 8.33% GROSS YIELD | HOME REPORT VALUE £90,000</p><p>An excellent opportunity for investors to acquire a newly refurbished, two-bedroom buy-to-let property in Hawick, offered for sale with a tenant already in situ and generating £625 per calendar month from day one.</p><p>The property has been recently refurbished and is presented as a ready-made investment, removing the need for a buyer to undertake renovation works or source a tenant before generating rental income.</p><p>Located on Bourtree Terrace, the property occupies the first floor and offers well-proportioned accommodation extending to approximately 56m². The accommodation comprises an entrance hallway, living room, fitted kitchen, two bedroomsand bathroom. The property also benefits from double-glazed windows and gas central heating via a combination boiler. </p><p>With the current rent of £625 pcm, the property generates a gross annual rental income of £7,500, equating to an attractive gross yield of approximately 8.33% based on the £90,000 Home Report valuation.</p><p>Situated within an established area of Hawick, the property is conveniently positioned for the town centre, with a wide range of local amenities and facilities readily accessible. </p><p>For investors looking to add a turnkey, income-producing property to their portfolio, Bourtree Terrace offers the benefit of a refurbished property, an existing tenancy and immediate rental income.</p><p>Investment Highlights:</p><p>Two-bedroom first-floor flat<br/></p><p>Newly refurbished</p><p>Tenant in situ<br/></p><p>Current rent: £625 pcm</p><p>Annual rental income: £7,500<br/></p><p>Gross yield: approximately 8.33%</p><p>Home Report valuation: £90,000</p><p>Gas central heating</p><p>Double glazing<br/></p><p>Approximately 56m²</p><p>Established Hawick locationImmediate income-producing investment</p><p>Viewings are available by appointment and will be arranged with consideration for the tenant currently occupying the property.</p> EPC rating: D.