Thursday, 31 January 2019

Something new to think about in the Penicuik property market

There has been lots of building activity next to our office in Bank Street over the last few months and the fruits of this have now come to the market,

The first floor of the block between the Storehouse and the premises that used to be the pet supplies shop is being changed from office accommodation to residential flats and the first of these flats is now on the market with McDougall McQueen.

There are one and two bed flats available and, from the pictures, they look to be fitted will all mod cons and finished to a high standard …. although they do have electric central heating rather than gas.

The one bed flats are on the market for offers over £120,000; I can’t seem to find prices for the two bed flats.

There are lots of photos of the inside on the website but none of the outside as this is still a bit of a building site.

According to the sales blurb, the flats are aimed at ‘first time buyers, professional couples and for those looking to downsize to a property conveniently located and within walking distance of all town centre amenities and transport links’ …. presumably rather than buy to let investors. 
However, they may also be attractive to buy to let investors who are looking for a modern, easily maintained property although the rental yield will not be that high on them …. I suggest that you pop along for a viewing.

If you would like any advice on buying a property to let, feel free to give me a call 01968 674601, email me on ( pop into the office for a chat (6 Bank Street, Penicuik).

#penicuik #property #buytolet #realestate #ownermanagedbusiness #retirement #retirementplanning #energyefficiency #privaterentedsector #prs #privaterentedsector #propertyinvesting

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