2 bedroom flat for sale

£180,000 Offers over

2

Bedrooms

Floorplan

FULL DESCRIPTION This well-presented two-bedroom, first-floor apartment is an ideal opportunity for both first-time buyers and those looking to downsize, located in the desirable Dalgety Bay area. The property offers a secure entry system and boasts a bright and spacious interior with modern living in mind.
Upon entering the apartment, you are welcomed into an inner hallway that leads to all rooms. The generous lounge features a large bay window, flooding the space with natural light, the kitchen is fully equipped with standard appliances ( electric hob, oven, washing machine, dishwasher and fridge freezer). The apartment includes two double bedrooms, each offering ample space and built-in wardrobes. The primary bedroom benefits from an en-suite shower room which provides privacy and convenience. A separate three-piece family bathroom serves the second bedroom and guests. Additional storage is available via a good-sized cupboard located in the hallway. Externally, the property offers allocated parking, visitor parking, and well-maintained communal gardens, creating a pleasant environment for all residents.
The apartment is situated in Dalgety Bay, a vibrant and friendly village known for its coastal walks, local amenities, and peaceful surroundings. Perfect for commuters, with easy access to major transport routes, this property provides the ideal balance of tranquility and convenience. A viewing is highly recommended.


MEASUREMENTS Lounge : 4.70m x 4.00m approx.
Kitchen : 4.00m x 2.30m approx.
Bedroom One : 3.90m x 2.60m approx.
En-Suite : 2.50m x 1.10m approx
Bedroom Two : 3.50m x 2.60m approx.
Bathroom : 2.30m x 1.90m approx.


LOCATION Dalgety Bay is situated on the Fife Coast providing walking or cycling to Queensferry and Aberdour. The town benefits from its own railway halt which gives access to Edinburgh or Glenrothes making the location an ideal commuter base . There are nursery and primary educational facilities with secondary education located a short distance away in Inverkeithing. The town is also serviced with a host of local amenities including, sports and social club, library, art club, tennis club, leisure centre and sailing club along with local shopping facilities and doctors surgery.

EXTRAS INCLUDED IN SALE All existing floor coverings, fixtures, fittings, and appliances included, all sold as seen.

The property is also equipped with inter-linked smoke alarms, carbon monoxide detectors, and heat detectors for added safety and peace of mind. Please note, however, that no warranty is provided for any inter-linked systems or alarms that may have been installed in the property.

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

£ 142200

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
    £ 4500
  • 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

£ 7200
  • 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

Adjust these figures

  %

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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