Today’s star property in the Penicuik Property Blog needs
a wee bit of TLC but given the price it is worth the effort.
The property is an upper villa at 103 Cuiken Terrace in
Penicuik. It is near Cuiken Primary School
just up the road from Tesco. The house
has a large lounge/dining room, a dated fitted kitchen, 2 bedrooms and a shower
room. The bit of TLC is needed to the kitchen
and it needs some carpets.
Allan McDougall are selling the house for offers around £90,000;
it has a Home Report value of £95,000. As
mentioned, the property needs a bit of TLC, let’s say that is another £5,000.
I would expect you could get £600 per calendar month in
rent for this house which, based on a price of £90,000 and the TLC spend of
£5,000, gives a yield of 7.6%
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