Last time the Penicuik Property Blog was talking about an
upper villa in Dean Road; this time it’s a delightful terraced house in the
pleasant Cornbank area of Penicuik that is perfect for a family – it shows we
cover the whole market if nothing else!
Today’s property is at 37 Glencross Gardens,
Penicuik. Glencross Gardens is a quiet
cul de sac off Rullion Road in the nice Cornbank area of Penicuik. The property itself is a lovely 3 bed
terraced property with a lounge, a dining room, a fitted kitchen, 3 bedrooms, a
family bathroom with shower over the bath and, as a bonus, a large attic room
that you get to via a Ramsay ladder – ideal older children den territory. In addition, there are gardens front and rear
a garage. The property is in walk in
conditions subject to decor taste!
This short of property would suit a professional family
who could really make it their home so is likely to attach a longer term
tenant.
Interestingly, this house is on the market with both
Allan McDougall and Millar Stewart and it is on the market for offers in the
region of £160,000. Let’s say it goes
for £160,000. The right tenants should
pay £900 for a house like this so that’s a yield of 6.8%. My feeling is that the sellers are keen to
sell – the property is empty and it is on the market with two sales agents – so
you may get it for less that £160,000.
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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