Today’s buy to let opportunity from the Penicuik Property
Blog is a fairly standard, 3 bed property in Ladywell – this one is at 58
Yarrow Court.
It is a 3 bedroom, terraced house. The property has a large lounge/dining room, a
fitted kitchen, 3 bedrooms, a family bathroom with a shower over the bath,
gardens to the front and rear and on street parking.
The decor is fairly neutral (other than the removable
swirly carpet in the lounge) although the kitchen and bathroom are getting a
wee bit tired.
Let’s do the maths.
This house is on the market with Clancys Hendrie Legal
(a new one on me!) for offers over £130,000 so let’s say
it goes for £135,000. A flat like this
in this area should rent for £800 pcm so that gets you to a yield of 7.1%.
If you would
like any advice on buying a property to let, feel free to give me a call 01968
674601, email me on (news@thekeyplace.co.uk) pop into the office for a chat (6
Bank Street, Penicuik).
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