5-bedroom house · EH26 0NQ
Listing removedListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled down a private track within a peaceful, rural setting in the highly desirable hamlet of Glencorse area of Penicuik, this impressive stone-built detached property offers spacious and versatile family accommodation with breathtaking open views towards the iconic Pentland Hills.
Combining traditional character with generous modern living space, the property enjoys privacy, extensive gardens with private parking.
This substantial detached home provides well-proportioned accommodation over two levels, ideal for family living.
Constructed in attractive natural stone, the property enjoys a commanding position with stunning panoramic countryside views and an abundance of natural light throughout.
Given how rare these properties are, we would recommend an early viewing by appointment. Impressive stone-built detached villa. Five spacious bedrooms, one with en-suite. Two public rooms.
Breakfasting kitchen. Two family bathrooms. Lpg heating. Timber double glazed sash and case windows. Spectacular views towards the Pentland Hills. Private garden grounds and driveway.
Private allocated parking space. Desirable rural setting. EPC rating: D Viewing By appointment with McDougall McQueen EPC Rating EPC rating: D
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Mill Cottage, 3 Glencorse Mains Steading, Penicuik
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