The buy to let opportunities in the Penicuik Property Blog this week are all 1 bed flats.
Today’s is the pick of them – it is a recently refurbished, second floor flat and it looks stunning. Stuart & Stuart have photographed it well, even making sure that there is a classy Mercedes outside especially for the photos!
The property is a 1 bed flat at 18d Kirkhill Road in the nice Kirkhill area of Penicuik. The flat has a good sized lounge/dining area, a high spec kitchen and a quality bathroom complete with shower over the bath. It has a newly fitted gas central heating system and traditional sash & case windows that suit the stone build of the property.
The property is on the market for offers over £89,950 so let’s assume it goes for £95,000. It will rent for £525 - £550 which gives a yield of 6.6% – 6.9% – the lower yield reflecting the stone built nature of the property and because it has recently been refurbished.