Friday 26 June 2015

Good location 3 bed semi with 7% yield in Penicuik


I spotted this one, which I think should be right up any buy to let investors street who is looking for a relative modern, low maintenance property in a nice part of Penicuik.

191 Rullion Road, Penicuik is a well maintained, 3 bed semi-detached house in the Cornbank area of Penicuik within walking distance of the city centre; it would make a great home for a renting family. Whilst the property is in lettable condition there are a couple of things I would point out: the kitchen is dated and would benefit from a make-over and the bathroom does not have a bath in it which can be off putting for prospective tenants.


Allan McDougall have got this on the market for £155,000.  Thinking rental levels, you would be looking at a rental price of around £900 pcm on this property, this is where we have got our 7% return. 

We hope you find our posts useful.  If you would like some advice with your potential investment, please come and see us in our offices (6 Bank Street, Penicuik), call us (01968 674601) or email either of us (robert@thekeyplace.co.uk; linda@thekeyplace.co.uk).

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