5 Heatherlie Park, Selkirk, TD7 5AL
- PROPERTY TYPE
Detached
- BEDROOMS
10
- BATHROOMS
11
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- We are excited to present a rare and unique opportunity to purchase a 10-bed detached property with a massive 1.4-acre site for further extension within a stunning location in Selkirk ***Fantastic de
- The property sits on a massive development plot of 1.424 Acres A huge opportunity for another property development site, further extension, luxury glamping sites, sports facilities and many more! Sub
- ***Millburn House, Heatherlie Park, Selkirk, Sel TD7 5AL Previously sold for £417,155.1, Heatherlie Park, Selkirk, Sel TD7 5AL Previously sold for £350,000, 4 Priory Park, Ettrick Road, Selkirk, Se
- If used for serviced accommodation, the property could achieve £68 Per night (£680 Total) based on local comparables. This would produce an astonishing £173,740 P/A based on a 70% occupancy rate.
- Previously a fully operational hotel, this property presents a tremendous opportunity for a developer or investor to unlock its full potential. The property is currently uninhabitable and will requir
Description
- We are excited to present a rare and unique opportunity to purchase a 10-bed detached property with a massive 1.4-acre site for further extension within a stunning location in Selkirk ***Fantastic development opportunity***
- The property sits on a massive development plot of 1.424 Acres A huge opportunity for another property development site, further extension, luxury glamping sites, sports facilities and many more! Subject to gaining planning. ***Site Area 0.577 Hectares (1.424 Acres)***
- ***Millburn House, Heatherlie Park, Selkirk, Sel TD7 5AL Previously sold for £417,155.1, Heatherlie Park, Selkirk, Sel TD7 5AL Previously sold for £350,000, 4 Priory Park, Ettrick Road, Selkirk, Selkirkshire TD7 5EH Previously sold for £460,000.
- If used for serviced accommodation, the property could achieve £68 Per night (£680 Total) based on local comparables. This would produce an astonishing £173,740 P/A based on a 70% occupancy rate. Subject to renovation and gaining the necessary information.
- Previously a fully operational hotel, this property presents a tremendous opportunity for a developer or investor to unlock its full potential. The property is currently uninhabitable and will require full renovation before habitation.***MASSIVE DEVELOPMENT GROWTH POTENTIAL ***
We are excited to present a rare and unique opportunity to purchase an exceptional 10-bed detached property within a stunning location in Selkirk - ***Fantastic development opportunity***
The property sits on a massive development plot of 1.424 Acres A huge opportunity for another property development site, further extension, luxury glamping sites, sports facilities and many more! Subject to gaining planning. ***Site Area 0.577 Hectares (1.424 Acres)***
Exceptional BRRR opportunity, Sure to appeal to shrewd investors looking for amazing capital growth and rental income potential! ***MASSIVE DEVELOPMENT GROWTH POTENTIAL ***
If used for serviced accommodation, the property could achieve £68 Per night (£680 Total) based on local comparables. This would produce an astonishing £173,740 P/A based on a 70% occupancy rate. Subject to renovation and gaining the necessary information.
Property Comprises: Ground Floor - Three Reception rooms, Bar area, Kitchen, Three store rooms. First Floor - Ten Bedrooms, Nine shower rooms, Bathroom, Two Customer WCs, Reception room, Storeroom.
***Massive plot size***
Site Area 0.577 Hectares (1.424 Acres)
Planning
Local Planning Authority: Scottish Borders District, Selkirk,The Property is being offered at a massive discount to ensure auction sale.
The Property is being offered at a massive discount to ensure auction sale.
Perfect development opportunity for a shrewd investor or homeowner looking for a unique home they can put their own stamp on. ***PRIME LOCATION***
The local area has seen some great sales recently showing that there is strong demand.
***Millburn House, Heatherlie Park, Selkirk, Sel TD7 5AL Previously sold for £417,155.1, Heatherlie Park, Selkirk, Sel TD7 5AL Previously sold for £350,000, 4 Priory Park, Ettrick Road, Selkirk, Selkirkshire TD7 5EH Previously sold for £460,000
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction.
To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Nestled in the historic Borders town of Selkirk, this property in TD7 5AL offers a wonderful opportunity to enjoy the beauty and tranquillity of the Scottish countryside. Selkirk is renowned for its rich heritage, scenic landscapes, and welcoming community, making it a perfect place for families, retirees, or those seeking a more peaceful lifestyle. The town boasts a range of local amenities, including schools, shops, and cafes, with the stunning Ettrick and Yarrow Valleys on your doorstep for outdoor pursuits like hiking and cycling. For commuters, the nearby A7 provides direct access to Edinburgh and Carlisle, while the Borders Railway at Galashiels, just a short drive away, offers a convenient rail link to Edinburgh. This is an ideal location for those looking to enjoy rural charm without sacrificing connectivity.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Driveway
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
5 Heatherlie Park, Selkirk, TD7 5AL
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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