Today’s buy to let opportunity is a new to the market 3 bed, lower villa on John Street just along from the Angle Park Garage corner that is being sold by Allan McDougall. John Street is the main drag into Penicuik.
There is plenty of accommodation including a decent sized lounge, a fitted kitchen, 3 bedrooms (2 good sized double and 1 single), a recently refurbished bathroom, gardens and on street parking. The property is in lettable condition and, by the looks of the photos, it has been re-decorated and re-carpeted as well recently.
Doing the maths. The price is £99,000. Rent of £750 pcm is achievable on a property like this which gets you to a 9.1% yield.