Cuiken Terrace, Penicuik EH26 2 bed flat for sale

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Cuiken Terrace, Penicuik EH26 2 bed flat for sale

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.