Unit 8A New Bongate Mill, Bongate, Jedburgh, Roxburghshire, TD8 6DU

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Town & Country Property Auctions Scotland
Town & Country Property Auctions Scotland

Description

144 Bongate, Jedburgh, Scottish Borders, TD8 6DY

Guide Price: £95,000
Home Report Value: £120,000

3 Bedroom First Floor Flat | Tenanted Investment | Strong SA Potential

Town & Country Property Auctions are delighted to present 144 Bongate, a well-positioned three-bedroom first floor flat located within the popular Borders town of Jedburgh.

This attractive property offers an excellent opportunity for investors seeking immediate rental income alongside strong serviced accommodation potential and long-term rental demand. The property is ideally suited for buy-to-let investors, serviced accommodation operators, or those looking to acquire a high-yield investment at a guide price significantly below Home Report value.

Internally, the accommodation comprises:

Ground Floor: Entrance Hallway and Stairwell.

First Floor: Landing, Living Room, Kitchen, Three Bedrooms and Shower Room.

The spacious accommodation and practical layout make the property suitable for a wide range of occupiers including families, professionals, contractors, and short-term guests.

SA Numbers (Serviced Accommodation Potential)
Projected Revenue: £19,800 per annum
Occupancy: 54%
Average Daily Rate (ADR): £101

Rental Income
Current rental income of £500 per calendar month
Estimated market rental income of £600 per calendar month

Guide price £25,000 below Home Report value
Tenanted investment opportunity
Strong serviced accommodation figures
3 bedroom first floor flat
Immediate rental income
Strong rental demand
Excellent investment opportunity
Popular Scottish Borders location

Situated within the historic town of Jedburgh, the property benefits from excellent access to local amenities, supermarkets, cafés, schools, and transport links throughout the Scottish Borders. The area continues to attract both long-term tenants and visitors due to its rich history, tourism appeal, and proximity to major routes connecting Scotland and England.

Ideal For

Buy-to-let investors
Serviced accommodation operators
Portfolio landlords
First-time investors
Investors seeking strong yield potential

A fantastic opportunity to acquire a tenanted three-bedroom investment property with immediate rental income, strong SA performance figures, and excellent potential for future growth at a guide price substantially below Home Report value.

Key Feature 1

£500 Rent Per Month

Key Feature 2

Strong serviced accommodation potential with projected annual revenue of £19,800

Key Feature 3

Immediate rental income of £500 PCM with potential to increase to market rent


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.

All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).

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