Friday, 22 April 2016

Semi-detached house investment in Penicuik

This property has recently come to the market through Purple Bricks, with an asking price of £120,000. It's a 3 bedroom semi-detached house in Teviot Grove in Penicuik. This property would rent for £808 pcm to housing benefit tenants giving you an annual gross yield of 8.1%. 

The house, which is in a lettable condition and looks like it have been let out before, has a large lounge, a dining kitchen, three bedrooms, a bathroom with a shower over the bath, double glazing, gas central heating and low maintenance gardens to the front and rear.  Given its location, it is likely to appeal more to housing benefit type tenants but after all that’s why you are getting a higher yield.

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), phone us (01968 674601) or email us (


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