Today’s opportunity
from the Penicuik Property Blog is a spacious three bedroomed semi detached
house at 5 Ravelsykes Road. Ravelsykes Road
is off Rullion Road so it is in a quality area of Penicuik.
The property has
a lounge, a fitted kitchen, three bedrooms and a family bathroom. It also has gardens front and rear, a
separate garage, gas central heating and double glazing.
This house is on the market with Allan McDougall for offers
over £155,000. The sellers look as if
they are keen to sell as the property has been on the market for some time now
and the price was dropped last week so let’s say you can get it for
£165,000. A house like this could rent
for £900 so that’s a yield of 6.5%.
Given that it is a quality part of Penicuik, that’s a good return.
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