Maybank, Penicuik, Midlothian

Scotland

£190,000

Listed on 09/06/2026

Property Details

Bedrooms

Type

Detached

Area

1302 sqft

Description

This detached property in the desirable town of Pennicuik presents a significant renovation opportunity for motivated developers and investors. Currently in a state of disrepair, the home requires comprehensive refurbishment throughout, making it an ideal project for those looking to breathe new life into a four-bedroom residence. The layout includes an entrance porch, hallway, living room, kitchen, and additional reception space, along with three bedrooms and a bathroom. Due to its condition, it is not suitable for immediate living but offers remarkable potential for transformation into a modern family home or investment property, pending necessary permissions. Situated within a well-established residential neighborhood, this is a unique chance to secure a property brimming with potential.

Investment Analysis

(EH26 area)

Below Market Value

This property is priced -43.4% below area average per sq ft

-43.4%

Potential saving

This Property

£146/sq ft

Area Average

£258/sq ft

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£60,000 - £100,000

Target Value

£369,293

10% above area average per sq ft

Potential ROI

+27.3%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

24%

Properties sold annually

Local Market Trend (EH26)

Area prices are stable by +2.0% over the last 12 months

3 year growth: +9.8%

5 year growth: +12.6%

Investment Disclaimer: Analysis based on EH26 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Maybank, Penicuik, Midlothian

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Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£718

Based on a loan of £142,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.