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Watch Property20, Sime Place, Galashiels TD1 1ST

5 Bed First Floor Flat - Guide Price £160,000

Property Description

20 Sime Place offers a rare chance to acquire a fully HMO-configured maisonette in a prime town centre location. The property is arranged over two floors of a traditional two-unit stone building, most recently modernised in 2008. Designed for multiple occupancy, it features five generous bedrooms, each with a modern en-suite and study area, ideal for students or professionals. Previously, rents reached £500 per room on the first floor and £550 in the attic, highlighting strong income potential. The flat is neutrally finished, well-maintained, and ready to move in. The first floor comprises the main entrance, open-plan kitchen/living area, and three en-suite bedrooms, while the attic floor offers an additional kitchen, two en-suite bedrooms, and a flexible central landing. Externally, residents enjoy a communal garden and a rear staircase providing direct access to upper floors - perfect for HMO living. Located in Galashiels, the property benefits from local amenities, excellent transport links, and proximity to schools and colleges, ensuring continued high demand from tenants. There are also plans in place to convert a first-floor bedroom into a lounge, allowing the current kitchen/lounge to be expanded into a larger, more open-plan space, subject to planning consents.

Council Tax Band: C.
EPC Rating: B.
BSPC Ref: 27285.

Key Features
  • Walking distance to shops and transport links
  • Five en-suite bedrooms
  • Strong rental potential
  • Well-presented
  • Potential to change layout, subject to consents
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