2-bedroom flat · EH26 8NU
To rentListed 8 days
Opportunity summary
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About
A beautifully presented two-bedroom second floor apartment offering bright, contemporary accommodation, allocated parking and an excellent location within a popular modern development close to Penicuik town centre.
Situated within a well-established residential development, this stylish apartment has been finished to an excellent standard throughout, benefitting from an attractive open outlook, well-maintained communal grounds and a combination of modern living and convenience in a highly desirable Penicuik setting.
Accommodation Comprises: Secure communal entrance with entry system; Welcoming entrance hallway; Bright and spacious open plan sitting room and contemporary fitted kitchen with a range of modern wall and base units, integrated appliances and breakfast bar, creating an ideal space for everyday living and entertaining; Generous principal bedroom with fitted double wardrobes; Further well-proportioned double bedroom with built-in wardrobe; Large store cupboard, which could also double up as an office; Stylish shower room with modern suite and large shower enclosure.
The property has been tastefully decorated in neutral tones throughout and benefits from excellent natural light, modern finishes and practical storage solutions.
The open plan living space provides a sociable and flexible layout, while both bedrooms offer comfortable accommodation with useful built-in storage.
Externally, the development is set within attractive communal garden grounds and benefits from a communal bike store and bin store.
The property further benefits from an allocated parking space together with additional visitor parking, gas central heating, double glazing and a secure entry system.
Penicuik is a thriving Midlothian town located approximately ten miles south of Edinburgh and offers an excellent range of everyday amenities including supermarkets, independent retailers, cafés, restaurants, leisure facilities and healthcare services.
The town is surrounded by beautiful countryside, providing a wealth of outdoor pursuits including walking, cycling and golfing, with the nearby Pentland Hills Regional Park offering spectacular scenery and recreational opportunities.
The area is particularly well connected, with regular bus services providing access to Edinburgh city centre and the surrounding areas.
The City Bypass is also easily accessible, offering convenient links to Edinburgh Airport, the central motorway network and beyond.
The property falls within the catchment area for Cornbank Primary School and Beeslack Community High School, both of which are within easy reach.
A number of private schooling options are also available in Edinburgh.
Unfurnished Deposit: £1,400 Council Tax Band: D EPC Rating: C Landlord Registration: 1813199/290/08102 LARN1903047 EPC Rating: C Council Tax Band: D
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Bellerophon Drive, Penicuik, Midlothian
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