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 New Penicuik flats

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carnethy




Number of posts : 18
Registration date : 2008-11-09

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PostSubject: New Penicuik flats   New Penicuik flats Icon_minitimeTue Aug 02, 2011 9:57 am

Anyone know why the new 1 & 2 bed apartments in John St, Penicuik don't seem to be selling?

They are now offering "Massive Final Reductions" as seen in the link below, with prices as low as £80,000!

http://www.amcdproperty.co.uk/property/showproperty.php?p=202

They look quite temping, especially the ones with the en-suite but can't help being concerned as to why they aren't selling. Is it due to their location & subsequent noise from the street & pubs, etc?
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SamTyler

SamTyler


Number of posts : 989
Registration date : 2008-03-17

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PostSubject: Re: New Penicuik flats   New Penicuik flats Icon_minitimeTue Aug 02, 2011 12:44 pm

The prices have dropped a lot since they were first built - I think they were about £116,000 for the 1 beds originally then went down to £98,000. Not very good for anyone who has already bought one - perhaps it was impossible to get a mortgage on them.
Not sure about parking facilities for them as there does not seem to be much space round the back now. It should be a lot quieter there than it is in the High Street so don't think noise would be too much of a problem.
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