1-bedroom flat · EH26 8BZ
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Welcome to 9D Tait Drive, a most attractive One Bedroom First Floor Flat (Top Floor) with communal shared gardens perfectly positioned in the popular Midlothian town of Penicuik.
Enjoying an ideal location with excellent local amenities and a convenient location for the commuter with excellent road links to the City Bypass and surrounding motorway networks linking north and south within easy reach.
The accommodation offers generous proportions with move-in ready presentation comprising : A welcoming Entrance Hallway with two storage cupboards, a bright and spacious Lounge/Dining, a modern Kitchen, a generously sized Double Bedroom offering a double fitted wardrobe and a large walk-in storage cupboard, with the three-piece Bathroom completing the accommodation.
There is ample space for relaxation and dining in the Lounge with a large window creating an abundance of natural light with open views.
The attractive Kitchen comprises an excellent range of base and wall cabinets with complementary work surfaces and tiled surrounds, featuring an integrated gas hob, with a fan assisted electric oven and space for free standing appliances.
The fully tiled three-piece Bathroom comprises a bath incorporating a shower with a glazed bi-folding screen with a WC and a wash hand basin.
Further benefits include Gas Central Heating, Double Glazing and un-restricted on street parking is also available.
Early viewing is highly recommended to fully appreciate this turn-key, chain free opportunity enjoying a popular location.
Location Penicuik lies approximately seven miles to the south of Edinburgh and is one of the largest towns in Midlothian.
Offering a wide range of convenience shopping, with Tesco and Lidl supermarkets, together with a variety of recreation and leisure facilities.
Schooling in the town is highly regarded at both Primary and Secondary levels.
In addition, Penicuik is well served by a regular public transport service operating to Edinburgh and the neighbouring towns.
The City Bypass is within easy reach linking to the wider motorway networks, Edinburgh Airport and the Queensferry Crossing.
Lovely outdoor spaces can be easily accessed in the surround area offering walks, cycle paths and hillwalking for the outdoor enthusiast with the Pentland Hills nearby.
The adjacent countryside caters for a wide range of outdoor pursuits including climbing, cycling, golf with skiing at the nearby Hillend dry-ski facility.
A fantastic location with excellent local amenities, good transport links and beautiful outdoor spaces.
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
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About 9D Tait Drive, Penicuik
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