Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
Claremont House, 130 East Claremont Street, Edinburgh
£67,995 Offers over
Bedrooms
Bathrooms
Reception
This is a rare opportunity to purchase a two-bedroom first floor flat located in the Wellgate area of Kirriemuir which enjoys a central location. The Wellgate is a quiet Cul de Sac which offers residents off street parking on a first come first served basis. There is a council owned car park located a short distance from the Wellgate in the Glengate which offers free parking between 1800 hours and 0800 hours . The property is well placed for the town centre and commuter bus routes.This well presented property would make for an excellent buy-to-let purchase having previously been successfully let for seven years.The accommodation consists of a hallway which provides access to all of the accommodation. The bright and spacious lounge leads into a newly refurbished kitchen with white high gloss tiles and modern grey ceramic flooring with wall and base units and integrated appliances. The main double bedroom is a generous size. The second bedroom has a built in bookcase and could be used as a study or single bedroom, there is access to a floored attic which would offer an added opportunity to create a dormer style bedroom in the attic roof space this would be subject to planning permission by the future purchaser. The recently refurbished bathroom consists of a bath with overhead shower, toilet and basin, with all walls tastefully tiled with modern style tiling and is complemented by grey floor tiles and illuminated vanity mirror.The property also benefits from gas central heating and double glazing.Externally the property has a private enclosed garden area, which is mainly laid to lawn with some shrubs and a brick outhouse. There is a patio area with a BBQ for outdoor summer dining.
By appointment through McEwan Fraser Legal on 01382 721 212
McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
Extras (Included in the sale): Integrated appliances, light fittings and floor coverings.
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.
Claremont House, 130 East Claremont Street, Edinburgh
The Property has been saved to your favorites
/ 5
It's quick and easy
