Builyeon Road, South Queensferry, EH30 9SW

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Under Offer

McEwan Fraser Legal

Claremont House, 130 East Claremont Street, Edinburgh

7 bedroom country house for sale

£749,995 Offers over

7

Bedrooms

4

Bathrooms

3

Reception

Echline Farmhouse occupies a magnificent location with open views over the surrounding countryside. The house is offered to the market in true walk in condition, superbly and sympathetically renovated by the current owners. Fully functional sash and case windows have been installed.The kitchen is the hub of the home with ample base and wall mounted units with a striking work surface and a spacious dining area with access to the utility room and rear gardens. The house has been finished magnificently, right down to the finest detail. There is a traditional country atmosphere throughout the property. The drawing room has a magnificent window and a feature fireplace. There is also a feature fireplace in one further reception room and one of the upstairs bedrooms. Also on this level you will find a large separate dining room and bedroom seven. The original staircase also remains. Upon the upper level, you will discover five double bedrooms, two with en-suites and one single room. The master bedroom has delightful views over the garden grounds and ample space for free standing furniture. The four-piece family bathroom completes the accommodation internally. Echline Farmhouse sits within mature garden grounds that sweep around the property and delightful view of the new Queensferry crossing. The house sits in the middle of the plot, which includes areas of lawn and herbaceous borders. In addition to the formal garden, there is potential to develop a lovely courtyard area and there is a patio for barbecues and outdoor dining. A large double garage with electric door completes the garden grounds.

By appointment through McEwan Fraser Legal on 0131 524 9797

McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.

Nearest Stations:

1.22 miles
Dalmeny
2.05 miles
North Queensferry
3.51 miles
Inverkeithing
4.24 miles
Rosyth
4.33 miles
Dalgety Bay

Mortgage Calculator

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

Monthly Payment: £3,243.48

Total Interest: £417,657.75

Overall Total: £1,167,652.75

Amortization For Monthly Payment: £3,243.48 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£23,779.03 £15,142.73 £734,852.27 
2026£23,287.29 £15,634.47 £719,217.80 
2027£22,779.58 £16,142.17 £703,075.63 
2028£22,255.39 £16,666.37 £686,409.26 
2029£21,714.17 £17,207.58 £669,201.68 
2030£21,155.38 £17,766.37 £651,435.30 
2031£20,578.45 £18,343.31 £633,091.99 
2032£19,982.77 £18,938.98 £614,153.00 
2033£19,367.76 £19,553.100 £594,599.01 
2034£18,732.77 £20,188.99 £574,410.02 
2035£18,077.16 £20,844.59 £553,565.42 
2036£17,400.27 £21,521.49 £532,043.93 
2037£16,701.39 £22,220.37 £509,823.56 
2038£15,979.81 £22,941.94 £486,881.62 
2039£15,234.81 £23,686.95 £463,194.67 
2040£14,465.61 £24,456.15 £438,738.52 
2041£13,671.43 £25,250.33 £413,488.19 
2042£12,851.46 £26,070.29 £387,417.89 
2043£12,004.87 £26,916.89 £360,501.01 
2044£11,130.78 £27,790.98 £332,710.03 
2045£10,228.31 £28,693.45 £304,016.58 
2046£9,296.53 £29,625.22 £274,391.36 
2047£8,334.50 £30,587.26 £243,804.10 
2048£7,341.22 £31,580.54 £212,223.56 
2049£6,315.69 £32,606.07 £179,617.50 
2050£5,256.86 £33,664.90 £145,952.60 
2051£4,163.64 £34,758.12 £111,194.48 
2052£3,034.92 £35,886.84 £75,307.64 
2053£1,869.55 £37,052.21 £38,255.43 
2054£666.33 £38,255.43 £0.00 

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

£ 608,946

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 40,977

Cumulative Rental Profit

£ 409,770

Cost of Purchase

£ 46,450
  • Stamp Duty
    £ 25,000

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

  • Refurbishment Budget
    £ 18,750
  • 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

£ 49,022
  • Mortgage Interest
    £ 27,403

    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)
    £ 11,880
  • Letting Fee
    £ 240
  • Maintenance
    £ 9,000
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 834,988
  • Final Equity Profit
    £ 425,218

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

  • Cumulative Rental Profit
    £ 409,770

    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

£ 1,221,663

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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