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See how verdicts work2-bedroom flat · EH26 0NF
Listing removedListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This impressive, beautifully presented 2nd floor flat forms part of a small modern residential development in the charming Midlothian village of Auchendinny.
The property enjoys a tranquil setting, surrounded by woodland with the Glencorse Burn running to the front of the building.
A serene location, yet conveniently positioned within easy reach of excellent amenities and transport links with the city bypass just a short drive away, together with Straiton Retail Park and neighbouring Penicuik.
Offered to the market in true move-in condition, this stylish home shall undoubtedly appeal to the first time buyers, professionals or investors alike and merits internal viewing to be fully appreciated.
Enjoying a light and stylish interior throughout, the accommodation is accessed via a well kept secure communal entrance with Flat 16 located on the second floor and comprising; welcoming entrance hallway with storage provisions including an attic space with Ramsay ladders.
There is a well presented, dual aspect reception/dining room with lovely leafy aspect and views over the water.
Semi-open plan from the reception room is the modern kitchen, fitted with ample wall and base units with built-in gas hob, electric oven and hood with the free-standing appliances included in the sale.
There are two generously proportioned double bedrooms, with the principal bedroom benefiting from built-in wardrobes together with a stylish en-suite shower room.
Completing the accommodation is the modern bathroom with three piece suite with shower attachment.
Further benefits include gas central heating, double glazing, communal bike shed, lovely landscaped communal gardens and an allocated parking space.
The property is surrounded by well kept communal garden grounds with communal bike shed and an allocated parking space, located to the rear of the building. A factoring fee of approx.
£90 per month is payable to Charles White for the upkeep of the communal garden grounds, stair cleaning and maintenance together with block buildings insurance.
Council Tax Band - D Viewing By appt tel Neilsons on . EPC Rating EPC rating: C
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.
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 16, Old Dalmore Path, Penicuik
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