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Cuiken Terrace, Penicuik EH26 2 bed flat for sale
Cuiken Terrace, Penicuik EH26
£126,000
Cuiken Terrace, Penicuik EH26
£126,000
Price History
Initial price | £155,000 |
12/09/24 | £135,000 |
20/09/24 | £133,000 |
27/09/24 | £130,000 |
03/10/24 | £128,000 |
10/10/24 | £126,000 |
17/10/24 | £124,000 |
24/10/24 | £122,000 |
30/10/24 | £120,000 |
06/11/24 | £118,000 |
13/11/24 | £130,000 |
28/11/24 | £126,000 |
04/12/24 | £124,000 |
11/12/24 | £122,000 |
18/12/24 | £120,000 |
01/01/25 | £118,000 |
08/01/25 | £130,000 |
14/01/25 | £128,000 |
29/01/25 | £126,000 |
Price Change | -18.71% |
Description
This 2-bedroom flat in Penicuik is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and rear garden space. Currently, it generates an annual gross income of £7,800, which has the potential to increase to £13,584 with the new owner increasing the rent to a market rate. The current tenants, who have been in the property for several years, have consistently paid their rent and do not intend to move out, making for a stable and lucrative investment. With a Let Property Pack available for further detail, this is a worthwhile addition to any investor's portfolio.