10 bed detached house for sale

5 Heatherlie Park, Selkirk TD7

• 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.

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