The weekend
is almost upon us so I thought I would leave you with a property to have a
think about over the weekend. It’s been
on the market for a fair time now so there may be movement on the price.
Today’s buy
to let opportunity from the Penicuik Property Blog is a fairly standard
spacious two bed end terraced house with an extra box room/study at 24 Lomond Vale
in Penicuik. The property, which is in
fairly good condition internally, has double glazing although it only has
electric heating.
Lomond View
is a pleasant cul-de-sac within a mature residential area off the bottom of
Meggat Place.
This house is on the market with Stuart & Stuart for a
fixed price of £110,000. The right
tenants should pay £625 for a house like this once it has been done up so
that’s a yield of 6.8%. As I mentioned
at the start of this article, the property has been on the market for a number
of months now so the seller may be persuaded to accept a lower price to get the
property sold.
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), call us on 01968 674601 or email either of us (robert@thekeyplace.co.uk; linda@thekeyplace.co.uk).
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