Many people who rent properties in Penicuik have families so there is a high demand for good quality houses that suit families and today’s The Penicuik Property Blog has one.
The property is a three-bed mid terraced house in West Cairn Crescent. It has a very large – and I mean very large – lounge dining room, a modern fitted kitchen and lots of hall space on the ground floor, three bedrooms and a modern fitted bathroom with shower over the bath on the upper floor, and gardens to the front and rear (there is a shed in the rear garden). Parking is on-street but there is plenty of space for that.
Running the number on this one. The house is on the market with Stuart & Stuart for offers over £132,000 so lets say it goes for £140,000. A property like this in this area should rent for around £825 pcm which give you a yield of 7.1% which is good for a family house in this area.
If you would like any advice on buying a property to let, feel free to give me a call 01968 674601, email me on (firstname.lastname@example.org) pop into the office for a chat (6 Bank Street, Penicuik).
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