Affordable central Penicuik flat with garden and renovation potential, ideal for first-time buyers or investors..
Freehold one-bedroom flat with private rear garden and external storage
Victorian stone building with sash-style twin windows and period character
Gas central heating and double glazing already installed
Compact footprint with limited internal storage and small rooms
Requires modernisation throughout; renovation potential for added value
Attic room with Velux window and eaves storage, accessed by spiral stairs
On-street parking; excellent mobile signal and fast broadband
Local area shows socio-economic challenges; factor in neighbourhood risks
This compact period flat in central Penicuik offers clear value for a buyer willing to invest some renovation. Set in a traditional stone building, the accommodation includes a living room with twin front windows, a fitted kitchen, shower room and a useful attic room with Velux window and eaves storage. Gas central heating and double glazing are already in place.
The property is freehold and comes with a private rear garden area and external storage — unusual for a flat of this size — plus plentiful on-street parking. Its central location puts shops, transport links and local amenities within a short walk, making it practical for single occupants, first-time buyers or buy-to-let landlords.
Drawbacks are straightforward: the flat needs modernisation throughout, internal storage is limited and the overall footprint is compact. The surrounding area shows signs of socio-economic challenge, so rental demand and resale prospects should be considered locally. EPC rating is D and council tax is low, which helps running costs while improvements are carried out.
In short, this is a budget-friendly, characterful flat with renovation potential and useful outdoor space. It suits someone seeking an affordable entry to the market or an investor targeting rental income after updating the property to contemporary standards.
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