Keen seller for this quality, stone built 2 bed flat in Penicuik

Local knowledge is the cornerstone of the Penicuik Property Blog.  Today’s Buy to Let opportunity is testament to this.

This property is a two bed, upper flat at 15 Peebles Road in Penicuik – as the name suggests, Peebles Road is the road south from Penicuik to Peebles.

The flat is in a stone build block and it is in walk in condition.  It has a lounge, dining area, fully fitted kitchen, two double bedrooms and a shower room.  It has gas central heating, double glazing and the decor is neutral.  Well maintained, stone built properties like this are not that common in Peniciuik.

http://www.rightmove.co.uk/property-for-sale/property-54460358.html

This flat is on the market with Allan McDougall for offers around £105,000.  Our local knowledge means that we know that the owner is looking to move from Penicuik and is therefore going to be sensible on price.  The right tenants should pay £625 for a flat like this so that’s a yield of 7.1% which is reasonable for a good quality, stone built property in this part of town. 

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).