Tuesday, 11 August 2015

Don’t judge a Penicuik property gem by its ‘cover’!

Sometimes Penicuik property gems are not the bonniest from the outside but are gems none the less and today’s Penicuik Property Blog is for sure one of these!

Today’s Penicuik Property Blog is a centrally located 1 bed flat at 15 Bridge Street, Penicuik just off the High Street.  The flat has a large lounge, big enough to take a dining table and chairs, a (newly?) fitted kitchen, a good sized bedroom, a bathroom with a bath over the shower, attic space, gas central heating and double glazing.

To be honest, it is not the bonniest property on the outside and it is on the first floor so has steps up to it, but it is a modernish property, the accomodation and decor inside is good and there is demand for centrally located 1 bed flats in Peniciuik.

The flat is on the market by our friends at Stuart & Stuart for offers in the region of £85,000 so let’s say you can get it for £85,000 which is not that much to shell out for a Penicuik property.  At a rent of £525/month this gives you a yield of 7.4%.

We hope you find our posts useful.  If you would like some advice with your potential investment, please come and see us in our offices (6 Bank Street, Penicuik), call us (01968 674601) or email either of us (robert@thekeyplace.co.uk; linda@thekeyplace.co.uk).

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