2 bed flat for sale in Penicuik

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