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125 Cuiken Terrace, Penicuik, EH26 0AJ
Investment Opportunity. A good-sized two-bedroom flat, situated within a highly sought-after area of Penicuik. The current tenant has been in the property for a number of years and this is a rewarding rental return, this is a fantastic opportunity for investors looking to expand their portfolio.
Street Address
125 Cuiken Terrace, Penicuik, EH26 0AJ
Price
Offers over
£120,000
Property Type
Flat
Property Reference
MFL0230529
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Investment Opportunity.
McEwan Fraser Legal are delighted to present to the market this good-sized two-bedroom flat, situated within a highly sought-after area of Penicuik. The current tenant has been in the property for a number of years and this is a rewarding rental return, this is a fantastic opportunity for investors looking to expand their portfolio!
The bright and airy flat comprises a spacious lounge, two well-proportioned bedrooms, a breakfasting kitchen with a host of integrated appliances and a family bathroom suite.
Externally, there is a garden to the rear.
Investment details
It currently produces an annual gross income of £7,800 which could be increased by the new owner to a market rate of £13,584 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.
Tenancy Details
The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Electricity Supply: SP Energy Networks
Water Supply: Scottish Water
Sewerage: Scottish Water
Broadband / Mobile Coverage: Not Specified, Limited 5G
McEwan Fraser Legal are delighted to present to the market this good-sized two-bedroom flat, situated within a highly sought-after area of Penicuik. The current tenant has been in the property for a number of years and this is a rewarding rental return, this is a fantastic opportunity for investors looking to expand their portfolio!
The bright and airy flat comprises a spacious lounge, two well-proportioned bedrooms, a breakfasting kitchen with a host of integrated appliances and a family bathroom suite.
Externally, there is a garden to the rear.
Investment details
It currently produces an annual gross income of £7,800 which could be increased by the new owner to a market rate of £13,584 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.
Tenancy Details
The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Electricity Supply: SP Energy Networks
Water Supply: Scottish Water
Sewerage: Scottish Water
Broadband / Mobile Coverage: Not Specified, Limited 5G
The description of properties on the website do not form part of any offer and all statements and photographs are for illustrative purposes only and not guaranteed. Buyers must satisfy themselves on the accuracy and authenticity of each property listed.
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