Our long, long experience of the Penicuik property market
means that we can be invaluable to buyers, sellers and renters in the Peniciuik
property market. Today’s Penicuik
Property Blog is a case in point.
This property a 3 bedroom semi-detached house at 5 Meggat
Place in Ladywood, Penicuik. It has been on the market for quiet a while
but it is worth having a look at. The
house has been done up to a high specification throughout and it truly is in
lettable condition.
It’s on the market with Alan McDougall at a fixed price
of £118,500 and it would rent for £800 pcm, therefore you could be looking at
an annual gross yield of 8.1%.
Although the property has been on the market for quite a
while now, as the current owners bought it for £117,500 in 2011, I am not sure
there will be that much negotiation on price ...... I suspect they need around
£118,000 and will stay in the property until they get this price!
So how does our long, long experience of the Penicuik
property market help with this opportunity?
Well, it de-risks it! We used to
rent out this property before the current owners bought the house and did it up
so we know it is a good buy to let property – we walk the walk as well as
talking the talk!
We hope you find our posts useful. If you want some
buy to let 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 (robert@thekeyplace.co.uk; linda@thekeyplace.co.uk).
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