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Claremont House, 130 East Claremont Street, Edinburgh
£159,995 OIRO
Bedrooms
Bathrooms
Reception
Located in a popular residential area of Aberdeen is this exceptionally spacious three bedroom property. 397 Clifton Road is presented to the market in an immaculate walk-in condition and has the added bonus of a current HMO Licence (House of Multiple occupancy).The property with its accommodation spanning two floors has been refurbished and redecorated to an impeccable standard and boasts many features, immaculate fresh neutral dcor throughout, kitchen with ample base and wall mounted units with contrasting work surfaces, bright spacious lounge with dining area, an immaculate well-equipped family bathroom with mixer type shower over the bath, large double bedroom.On the upper floor, you have two further double bedrooms. All three bedrooms have fitted wardrobes or cupboards and are all large enough to have a workstation. The property further benefits from full double glazing and gas central heating. With its fantastic central location, this property would suit a professional couple or a fantastic Buy-to-Let investment. Early viewing is a must and is highly recommended.On-street parking is available immediately to the front of the property, a pathway leads to the walled rear garden with stone steps leading to the front entrance. The rear garden is immaculately maintained laid mostly to lawn with borders containing various seasonal flowers and shrubs. A secure stone outbuilding is allocated to each property, perfect for additional storage. A well maintained communal drying area completes the gardens.
By appointment through McEwan Fraser Legal on 01224 472 441
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): The property will be sold inclusive of all fitted floor coverings, blinds curtains and light fittings. Additional electrical items and soft furnishings are by separate arrangements.
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
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