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£130,000 Offers over
Bedrooms
Bathrooms
2-bedroom apartment on Watson Street, Rosemount, Aberdeen
Belvoir are pleased to offer this first floor, 2-bedroom property on Watson Street, located a short distance from Victoria and Westburn Parks, local amenities, transport links and Aberdeen Royal Infirmary.
Location: Watson Street is located within the bustling Rosemount area. Rosemount is known for local independent businesses with access to bakeries, boutique shops, coffee spots and restaurants all within walking distance. Victoria Park is located on Watson street acting as the perfect green space. Aberdeen Royal Infirmary is within walking distance.
Entertainment and Culture
The city centre with shopping opportunities at Union Square and Union Street boasts a choice of popular dining options, and is within walking distance, as are numerous cultural venues including His Majestys Theatre, Music Hall, Tivoli Theatre, and Art Gallery.
THE APARTMENT
Communal area
There is a communal area that is maintained by all owners, there are currently no factors contracted to the property.
Entrance Hallway: 1.21 x 3.19m
Lounge: 4.38 x 4.35m
The carpeted living room offers a warm and inviting atmosphere, featuring a decorative fireplace with built-in alcoves on either sideone fitted with shelving for added storage or display. A large window fills the space with natural light, complemented by a distinctive yet modern light fixture. Theres ample room for a small dining table and seating.
Kitchen: 2.37 x 2.80m
The kitchen is well-appointed with a gas hob over a built-in oven, complemented by an extractor fan above. It features an undercounter fridge and light-coloured gloss cabinetry paired with wooden worktops and matching wooden flooring. A large window allows for plenty of natural light, while wooden shelves provide additional storage space.
Bathroom: 1.75 x 2.18m
The spacious, modern shower room features a walk-in shower stall and is fully tiled throughout. A wash hand basin is integrated into a sleek storage unit with a mirrored cabinet above, while the WC is also built into a fitted storage display with additional cabinetry overhead, providing both practicality and a clean, contemporary look.
Bedroom: 4.38 x 3.26m
The larger of the two bedrooms comfortably accommodates a king-size bed and is decorated in neutral tones, with matching neutral carpeting. The generous proportions create space for a desk area.
Bedroom: 3.30 x 2.18m
The second bedroom is spacious enough to accommodate a double bed and is finished in neutral wall tones with coordinating carpet. A tilt and turn window allows for flexible ventilation and natural light.
External:
Exterior to the accommodation within the stairwell to the first floor, there is a private and locked storage cupboard which houses a freezer and washing machine as part of this property. Exterior to the property there is permit parking to the front, and an enclosed rear garden which is a mixture of laid to lawn and patio. There is a garden storage unit suitable for use as bike storage or for gardening equipment.
General:
Furniture is negotiable.
Images are for illustration purposes only.
The property benefits from gas central heating and double glazing.
EPC rating: C.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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