2-bedroom flat · EH26 0QD
For saleListed 21 days
Opportunity summary
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About
Beautifully presented and spacious, two-bedroom, first-floor corner-aspect apartment with an allocated parking space and a quiet, leafy rural setting.
Located in a luxury residential development within the grounds of a former Paper Mill, in Auchendinny, near Penicuik, in Midlothian.
An entrance welcomes you into the property, leading through to the semi-open-plan living room and kitchen area.
This space has been finished with contemporary carpeted flooring, complemented by light and tasteful décor throughout.
The living room further benefits from two windows, allowing plenty of natural light to fill the space.
The kitchen has been completed with fitted worktops and matching upstands, a tiled-effect splashback, stainless steel sink with drainer, as well as an integrated oven and gas hob with canopy above, along with further space for additional appliances.
Bedrooms one and two are both finished with neutral décor and benefit from matching carpeted flooring extending from the hallway, creating a warm and comfortable environment.
The master bedroom further benefits from an en-suite shower room for added convenience, as well as a built-in wardrobe providing useful storage.
Completing the property is the bathroom, which comprises a three-piece suite with a shower over the bath.
Auchendinny is a small village set in a pleasant rural location, just a short drive from the Edinburgh Bypass and ideally positioned for commuters.
The nearby town of Penicuik offers a wide range of amenities, including local shops, Tesco and Lidl supermarkets, banking and postal services, and a growing selection of restaurants, pubs, and cafés.
The area benefits from well-regarded schools at all levels, along with a modern library and a refurbished leisure centre featuring a gym and swimming pool.
Situated between the Pentland Hills and the River North Esk, the surrounding countryside supports a variety of outdoor pursuits such as walking, climbing, cycling, golf, and year-round skiing at the enhanced Hillend dry-slope facility.
As of 2025, transport links remain excellent, with the A701 providing direct routes north and south, and a reliable X70 bus service offering regular connections to Edinburgh city centre and nearby destinations.
Factor Fees: Charles White - Approx £90-£120 monthly Council Tax Band: D Tenure: Freehold
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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
FAQ
About 10, Old Dalmore Terrace, Penicuik
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