2 bedroom end of terrace for sale

£235,000 Offers over

2

Bedrooms

Floorplan

FULL DESCRIPTION An incredible opportunity has arisen to purchase this two bed end terrace villa which is located in the popular residential area of South Queensferry. This property is offered in move in condition and will be popular for all type of buyers such as young families, first time buyers or couples who are looking to downsize. The property is situated over two levels, on the ground level the property comprises a welcoming hallway, spacious lounge with electric fire which is log burner effect, a modern kitchen with appliances such as gas hob, electric oven, microwave, fridge freezer, washing machine and dishwasher. The kitchen further benefits from having a separate WC, storage cupboards and its own door which leads out the rear garden. The upper level has two double bedrooms and a newly fitted three-piece family bathroom with shower over bath. Externally, the property benefits from a single driveway, front & rear garden, the rear garden is enclosed which does provide a child and pet safe environment. This property does benefit further from double glazing and gas central heating. A viewing is a must to fully appreciate this ideal family home.

MEASUREMENTS Lounge : 4.24m x 3.66m approx.
Kitchen : 3.02m x 2.59m approx.
Bedroom One : 4.47m approx.
Bedroom Two : 3.40m x 3.02 approx.
Bathroom : 1.90m x 1.75m approx.


LOCATION The charming and well-established coastal town of Queensferry is situated to the south bank of the Firth of Forth and is an ideal location for buyers looking for easy access North and South and is within 15 minutes of Edinburgh City Centre. The main motorway network is M9/M8 and M90, they are all within 5-10 minutes reach and Edinburgh Airport is also just a short drive away Dalmeny railway station serves the towns of Dalmeny and South Queensferry which is about 8 miles west of Edinburgh city centre. It is on the Fife Circle Line which is located just south of the Forth Bridge. The main motorway network is M9/M8 and M90, they are all within 5-10 minutes reach and Edinburgh Airport is also just a short drive away. The town enjoys a good range of amenities such as local shops and supermarkets. Schooling is catered from nursery to secondary level. Facilities in the area include a wide range of quality restaurants, pubs and cafes, excellent parks, bowling green, a community centre, the Marina and Water Sports Centre is where you can enjoy a boat tour under the bridge along with being taken to Inchcolm Island and other tourist attractions.

EXTRAS INCLUDED IN SALE All fitted floor and window coverings, light fittings, all kitchen appliances. Furnishings are negotiable within the sale.

The above are sold as seen and no warranty is given.

Smoke Alarm, Carbon Monoxide Detector and Heat Alarm are located within the property, the alarms are sold as is.

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

£ 184825

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 5875
  • 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

£ 8575
  • 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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