1 Bedroom Flat

For sale by Online Auction. 25th of March 2026.

Town & Country Property Auctions present a Borders opportunity offering £21,000 per annum SA potential and strong rental demand, ideal for first-time buyers or investors!

Description
58 Kirkbrae

Guide Price: £30,000
Home Report Value: £50,000

£20,000 Below Home Report Borders Investment Opportunity Strong Rental & SA Potential Ideal for First-Time Buyers or Investors

Town & Country Property Auctions proudly present 58 Kirkbrae, a well-located property set within the popular Borders town of Galashiels, offering exceptional value at £20,000 below Home Report value.

Situated within easy reach of the town centre, the property benefits from access to local shops, schools, transport links and the Borders Railway connecting to Edinburgh. Galashiels continues to attract first-time buyers due to its affordability, commuter access and strong local amenities, making this an ideal step onto the property ladder.

For investors, the numbers present a compelling opportunity. Long-term rental demand is steady with achievable rents of approximately £500 per month, while a MEARS-style arrangement is estimated at £450 per month, offering consistent income potential. The property also shows strong serviced accommodation performance, with projected figures of approximately £21,000 per annum, based on 77% occupancy and an average daily rate of £77.

Offered at just £30,000 against a £50,000 Home Report value, this represents a high-yield opportunity with multiple exit strategies, perfectly suited to first-time buyers seeking affordability or investors targeting strong cash flow and capital upside in a well-connected Borders town.

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.