2 bedroom flat for sale

£140,000 Offers over

2

Bedrooms

1

Bathrooms

Floorplan

Belvoir are delighted to bring to the residential sales market this well presented, 2-bedroom apartment in the heart of Aberdeen City. This homely property benefits from a modern stylish finish throughout and boasts a private balcony as well as allocated secure residents parking.

Entering from the communal space, you are met with an eye-catching hallway with deep blue dcor, and wooden flooring. There is access into all rooms from this.There are two hallway cupboards, one housing the hot water boiler and one with the smart electricity meter. This also has ample storage space.

The right-hand door leads to the primary bedroom which is carpeted and has built in wardrobes for storage. There is a 3-spot light fixture, wall mounted radiator, and window for natural light.

The next room is the shower room which has a generous walk-in stall with glass screen, WC, WHB within storage and a mirror above. There is black slate style tiles on the floor and textured white, black, and grey tiles. This room has been recently renovated.

At the end of the hallway there is the second double bedroom which has deep green walls, pendant light fixture, built-in wardrobe, wall mounted radiator, and good-sized window.

The final space within the property is the open plan main living space, which is ideal for hosting guests while you cook up a storm. The kitchen area has an integrated fridge freezer and washing machine. The electric hob has an oven below and an extractor above. There is a stainless-steel sink with drainer, dark wood effect cabinetry and a marbled black finish to the countertops. There is also a 3-bulb spotlight fixture. There is a counter top dishwasher which will remain.

The living room has a 6-bulb spotlight fixture along with French doors leading out to the private balcony.

The property has wooden flooring throughout apart from the primary bedroom, which is carpeted, and the whole apartment has been decorated throughout to a good finish.

External to the property there is secured residents parking along with security barrier for vehicles and coded gate for residents, as well as an enclosed garden area.

Room Measurements:
Vestibule: 3.39m x 1.87m
Hall: 3.50m x 1.23m
Primary Bedroom: 3.39m x 2.75m
Bedroom 2: 3.97m x 2.26m
Kitchen: 2.94m x 4.20m
Living Room: 3.83m x 3.18m
Bathroom: 2.11m x 1.96m

Area Description Charlotte Street, Aberdeen

Situated in the heart of Aberdeen, Charlotte Street offers a highly convenient location just moments from Union Street and the citys main amenities. Residents benefit from easy access to shops, supermarkets, cafs, restaurants, and cultural venues such as His Majestys Theatre and Aberdeen Art Gallery.

The area is well served by local schools including Gilcomstoun Primary and Aberdeen Grammar School, while North East Scotland College and the University of Aberdeen are both easily accessible. This makes Charlotte Street suitable for households of all ages.

Local government offices, NHS administrative hubs, and wider public sector employers are close by, supporting strong employment opportunities. Excellent transport links also provide easy access to business districts across the city.

Green spaces such as Victoria Park, Westburn Park, and the riverside paths by the Dee offer pleasant areas for walking, relaxation, and outdoor activitiesall within a short distance.

Charlotte Street combines central convenience with access to education, employment, and green space, making it a desirable choice for a wide range of buyers.

No Onward chain

Images are for illustration purposes only

EPC rating: C. Tenure: Freehold,

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 111200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 3500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 6200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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