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20 Sime Place, Galashiels TD1 1ST 5 bed flat for sale
20 Sime Place, Galashiels, TD1 1ST
£160,000
20 Sime Place, Galashiels, TD1 1ST
£160,000
Our Summary
- The interior is neutrally finished, well-maintained, and immediately lettable, with no refurbishment required
- Strong Rental Potential – Previously let at £500–£550 per room, with scope for attractive yields
Description
This impressive maisonette flat, located in a prime town centre area of Galashiels, offers a rare opportunity to acquire a fully HMO-configured property. The 138 sqm accommodation is arranged over two floors, with five generously sized bedrooms, each with its own modern en-suite shower room and dedicated study area, making it ideal for student or professional tenants. The property has been extensively modernized and is neutrally finished, well-maintained, and immediately lettable, with no refurbishment required. The flat benefits from a communal garden space and a rear external staircase providing direct access to the upper levels, making it particularly attractive to multi-occupant tenants. With a strong rental demand in the area, the property offers excellent income potential, with previous rental levels achieving £500-£550 per room. The property is currently let on a HMO basis, but any new owner would need to submit a fresh application for an HMO license.