Welcome back readers - I hope you have all had a
fantastic weekend and not been too busy with last minute Christmas shopping,
from what I have seen the shops have been
busy! On to today's beautiful
"Property of The Week!". It is
a 3 bed, lower villa on John Street just along from the Angle Park Garage
corner that is being sold by Allan McDougall.
John Street is the main drag into Penicuik.
There is plenty of accommodation including a decent sized
lounge, a fitted kitchen, 3 bedrooms (2 good sized double and 1 single), a recently
refurbished bathroom, gardens and on street parking. The property is in lettable condition and, by
the looks of the photos, it has been re-decorated and re-carpeted as well
recently.
Doing the maths. The price is £99,000. Rent of £750 pcm or, at a stretch with
housing benefit tenants, £800 pcm is achievable on a property like this which
gets you to a 9.1% - 9.7% yield.
If you would
like any advice on buying a property to let, feel free to pop into the office
at 6 Bank Street for a chat, give us a call 01968 674601 or email us on (robert@thekeyplace.co.uk; linda@thekeyplace.co.uk).
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