2-bedroom house · EH26 0NS
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Warners are delighted to offer to the market this charming stone-built terraced cottage, quietly positioned within a beautiful and historic courtyard setting in the popular Midlothian town of Penicuik.
Offering a peaceful environment while remaining well placed for local amenities, the property provides an appealing opportunity for a wide range of buyers seeking a characterful home with excellent outdoor space.
The accommodation is thoughtfully arranged over one level and comprises a welcoming entrance hallway, a bright and spacious living room, a well-proportioned kitchen, two comfortable double bedrooms and a bathroom.
The property retains a lovely cottage feel, with generous room proportions and plenty of scope for a new owner to create a home to their own taste.
A particular feature is the large private rear garden, which is predominantly laid to lawn and provides an excellent space for outdoor relaxation, entertaining or gardening.
Further benefiting from a private garage, located to the rear of the property within a convenient row of garages, this attractive cottage offers a rare combination of character, tranquillity and practical features.
Early viewing is highly recommended to fully appreciate the setting and potential of this appealing Penicuik home.
• Charming stone-built terraced cottage • Peaceful historic courtyard setting • Spacious living room • Two well-proportioned bedrooms • Large private rear garden • Private garage to rear Energy Rating E, Council Tax Band D Note: Actual photographs of rooms in their true state, with some photographs having computer generated furniture and decorative items to show the size and layout options available with rooms Viewing By appointment, please call EPC Rating EPC rating: E
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
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
FAQ
About 6, Milton Mill, Milton Bridge
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