Bridgegate, Peebles
Offers Over £120,000

Nestled in the heart of the picturesque Borders town of Peebles, a delightful one-bedroom first-floor flat is set within a traditional stone building, just moments from the vibrant and bustling High Street. Dating back to the 1880’s, the property offers 470 of well-appointed accommodation with a versatile layout, allowing for flexible use. Additionally, it features a spacious attic, which, subject to the necessary planning and consents, presents the potential for further development and accommodation.  With a convenient location near superb amenities such as bars, restaurants, and shops, enhanced by open access to parks and riverside walks right on the doorstep, this flat is sure to attract a diverse range of buyers.  Early viewing is highly advised to fully appreciate its charms.

Accessed via a shared external stairwell at the rear of the building, the internal accommodation comprises; an inviting entrance which flows into a fantastic open-plan living area incorporating a well-appointed kitchen.  This versatile space can comfortably accommodate lounge or dining furniture, providing flexibility in how the room can be used.  The kitchen features a range of wall and base units, complemented by contrasting worktop surfaces, with a sink unit positioned beneath a rear-facing window.  Integrated appliances include an electric oven hob, extractor hood, and a fridge freezer, with additional space and connections available for a washing machine.   With views to the front, the sitting room features a charming log-burning stove set upon a slate hearth within the original fireplace recess, not only providing warmth, but also creating an attractive focal point.  This wonderful room offers flexibility and could easily be used as a comfortable bedroom if desired.  Adjacent to the sitting room is a comfortable double bedroom that also benefits from a front-facing window, allowing for ample natural light.  Completing the accommodation is the shower room, conveniently located at the rear and accessible from the entrance hallway.  A ceiling hatch in the hallway provides access to a spacious loft area, offering excellent storage solutions and presenting an exciting opportunity for conversion into additional living space, subject to planning consents.

Externally, the property boasts a shared garden area to the rear, primarily laid to lawn and adorned with a variety of mature plantings, creating a pleasant outdoor space to enjoy during the warmer months.  A brick outhouse provides external storage solutions.  Its central location also provides easy access to a selection of parks and scenic riverside walks, perfect for leisure and relaxation. On-street parking, as well as additional parking in the surrounding areas, is readily available.

Location:

The Royal Burgh of Peebles is a thriving market town and the third largest in the Borders, with a population of around 9,000. It offers an ideal country lifestyle, featuring fishing, hillwalking, mountain biking, horse riding, and golf. The Gytes Leisure Centre provides a variety of activities for all ages, while Glentress Forest, located just 4 miles away, is known for its excellent mountain biking trails.  Cultural enthusiasts can enjoy performances at the Eastgate Theatre & Arts Centre and various festivals, including the historic week-long Beltane Festival, Arts Festival, Agricultural Festival, Rugby Sevens.  Peebles’ High Street boasts An excellent range of independent shops as well as some high street favourites, popular restaurants, a health centre, banks, and schools.  The town is conveniently located within commuting distance of Edinburgh, accessible by frequent bus services and the A703, which connects to the Edinburgh City Bypass and the airport for UK and international travel.

Services:

Mains water and drainage.  Mains electricity.   Electric heating and hot water system.  UPVC Double glazed windows.  Telephone with fibre broadband connection available.

Items to be Included:

All fitted floor coverings, fitted light fittings, blinds throughout the property, and both free-standing and integrated kitchen appliances will be included in the sale.

Council Tax and Local Authority: 

For Council Tax purposes this property has been assessed as band category B, with an annual charge of £1,479.72 payable for the year 2024/2025.  The local authority is Scottish Borders Council, Council Headquarters, Newtown St Boswells, Melrose, TD6 0SA Tel: 01835 824 000.

Viewing Arrangements:

Viewings of this property are strictly by appointment.  For more information or to arrange an appointment, please contact JBM Estate Agents on 01721 540170.

Home Report:

A Home Report incorporating a Single Survey, Energy Performance Certificate and Property Questionnaire is available for parties genuinely interested in this property.   Please contact us to request a copy.

EPC Rating: 

The Energy Efficiency Rating for this property is E (49) with potential C (72).

Closing Date:

A closing date may be fixed, however, there is no requirement for the seller to fix a closing date when more than one interest is noted.  JBM Estate Agents is entitled to accept their client’s instructions to accept an incoming offer without having a closing date and without giving other parties who may have noted interest an opportunity to offer.  Prospective purchasers who have notified their interest through their lawyers to JBM Estate Agents, in writing, will be advised of a closing date if set, unless the property has been sold previously.   

Important Note: 

Formal offers should be submitted to the Selling Agents in Scottish legal form: JBM Estate Agents, 10 Northgate, Peebles, EH45 8RS.  Telephone: 01721 540170, Fax 01721 520104.  The seller reserves the right to sell at any time and interested parties will be expected to provide the Selling Agents with advice on the source of funds with suitable confirmation of their ability to finance the purchase.  Viewers should be advised that even after an acceptable written offer has been received, in the event of any unreasonable delay by the purchaser in concluding missives, the Selling Agents reserve the right to resume viewings.  

Anti-Money Laundering Regulations:

As with all Estate Agents, JBM Estate Agents is subject to the Money Laundering Regulations 2017.  The regulations require us, the Selling Agents, to perform various checks on the property buyer and in order to comply with the necessary regulations, any offer presented to us must be accompanied with certified photographic evidence of the buyer’s identity and separate certified evidence of the buyer’s residential address before any acceptance of the offer can be confirmed.  Alternatively, if certified documentation is not available, the buyer must attend at our office with their original documents.  Please note, until satisfactory documents have been provided and our checks have been fully completed, we are unable to mark the property as “under offer.”  You should also be aware that we are required by law to report to government authorities any evidence or suspicion regarding money laundering and that we are explicitly prohibited from notifying you of the fact that any such report has been made.