Tuesday, 21 July 2015

Sun, sea and sangria or family home in Penicuik with 7.4% yield?

Summer is with us so there is not a huge selection of buy to let opportunties at the moment – people are more interested in sun, sea and sangria at the moment than selling their house.  However, this just means that the Penicuik Property Blog’s opportunity antenna needs to work overtime to find a suitable opportunity for you!

Today’s opportunity is a nice, three bedroom, semi-detached family home at 28 Yarrow Court that is being sold by VMH Solicitors. It is a good size and internally it is in good condition including a quality kitchen and bathroom with a shower (always a favourite of mine and more importantly prospective tenants!).

It is priced at £130,000.  When you do your sums against an achievable rent of £800 pcm, this could generate you an annual yield of 7.4%.

We hope you find our posts useful.  If you want some advice on this property, another property you have in mind or anything else property related, come and see us in our office (6 Bank Street, Penicuik) or email either of us (robert@thekeyplace.co.uk; linda@thekeyplace.co.uk).

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