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£125,000 Offers over
Bedrooms
Bathrooms
Belvoir are pleased to bring to market this ground floor, 2-bedroom property on Deemount Terrace in the desirable Ferryhill area of the City.
The hallway allows access to all rooms.
The kitchen is bright with a good-sized window for natural light. There is a stainless-steel sink with drainer, base and wall cabinets, countertop space and spotlight fixtures.
The living room has 2 windows for light, wall-mounted radiator, and pendant light fixture.
Both double bedroom has a pendant light, wall-mounted radiator and window for light.
The bathroom has a shower over bath, pedestal WHB, and WC.
External to the property there is residents parking and further on-street parking.
Property will be sold as seen
Services and Appliances have NOT been tested
No Onward Chain
Room Dimensions:
Lounge:3.81m x 4.35m
Bedroom 1:2.91m x 3.87m
Bedroom 2:3.07m x 3.05m
Kitchen:3.07m x 2.81m
Deemount Terrace, Aberdeen
Deemount Terrace is a charming and well-situated residential street in Aberdeen, offering a blend of traditional granite properties and modern living conveniences. Nestled in the sought-after Ferryhill area, it provides a peaceful yet well-connected setting, making it an ideal choice for families, professionals, and students alike.
Local Amenities
The area benefits from a range of nearby amenities, including local shops, cafes, and restaurants, particularly around Holburn Street and nearby Ferryhill. Larger supermarkets and retail options can be found within a short drive or bus ride to Union Square and the city centre. Ferryhill Library and community centres add to the strong sense of local community.
Transport Links
Deemount Terrace enjoys excellent transport connections. Aberdeens main railway station, offering direct links to Edinburgh, Glasgow, and beyond, is within walking distance, making it ideal for commuters. Frequent bus services operate along Holburn Street and Great Southern Road, providing easy access to various parts of the city. Road links, including the A92 and A96, ensure smooth travel by car, while Aberdeens airport is approximately 20 minutes away for domestic and international flights.
Duthie Park & Winter Gardens
One of the standout features of living in Deemount Terrace is its proximity to Duthie Park, one of Aberdeens most beloved green spaces. Just a short stroll away, the park offers expansive lawns, a boating pond, and excellent play areas for children. The David Welch Winter Gardens, located within the park, provide a beautiful indoor botanical experience, featuring exotic plants, cacti, and floral displaysa perfect retreat year-round.
Education
Families in Deemount Terrace have access to a strong selection of educational facilities:
Summary
Deemount Terrace in Aberdeen is a highly desirable location, offering a balance of tranquility and connectivity. Its excellent local amenities, proximity to the stunning Duthie Park and Winter Gardens, strong transport links, and access to top-rated schools and universities make it a prime choice for a wide range of residents.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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