Today’s buy to let opportunity from the Penicuik Property
Blog is a 2 bed upper villa on Dykes Road in Penicuik. Dykes Road is off Queensway.
The villa has a good sized lounge, a dining kitchen, 2
bedrooms, a bathroom with a shower over the bath and private gardens to the
front and rear.
Turning to the financials. The asking price for this property, which is
on the market with McEwan Fraser, is offers over £89,995 so let’s say it goes
for £95,000. Based on my experience, a
rent of £630 pcm should be achievable on this property. So that gets you to a yield of 8%. As I said in the title to this blog, the
property ain’t pretty but the sums do work!
We hope you find our posts useful. If you would like some advice with your
potential investment, please pop in to the office for a chat at 6 Bank Street
Penicuik, call me on 01968 674601 or email me on news@thekeyplace.co.uk.
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