Today’s star property in the Penicuik Property Blog needs
a TLC but given the price it is worth the effort.
The property is an upper villa at 5 Dean Road in
Penicuik. It is near Cuiken Primary
School just up the road from Tesco. The
house has a large lounge/dining room, a fairly dated fitted kitchen, 2 bedrooms
and a fairly dated bathroom. It also has
gas central heating and double glazing. The TLC is needed to the kitchen (dated unit doors and wood panelled
ceiling replaced) bathroom (new shower and possibly new suite), carpets and the
decor.
Stuart & Stuart are selling the house for fixed price
£85,000; the Home Report value is £95,000.
I would expect you could get £600 - £625 per calendar
month in rent for this house which, based on a price of £85,000, gives a yield
of 8.5% to 8.8% which would make it worth the effort of giving it a wee bit of
TLC needed!
No comments:
Post a Comment