If Tuesday’s buy to let opportunity was a wee bit specialist, this one is mainstream!
This property has been on the market with Allan McDougall since the end of May, with an asking price of offers around £95,000. It's a 2 bedroom upper villa in Carlops Crescent in Penicuik. This property would easily rent for £600 pcm but you may get more. At rent of £600 pcm and a price of £95,000, you are looking at an annual gross yield of 7.6%.
The property is in very good condition throughout and it may well have been done up for selling – it has that look about it. I would note that it is an upper villa so it will be less attractive to people with small kids and the ‘kit’ that goes with small kids eg buggies.
If you want some advice on this property, another property you have in mind or anything else property related, come and see us in our office (6 Bank Street, Penicuik) or email either of us (firstname.lastname@example.org; email@example.com).