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Claremont House, 130 East Claremont Street, Edinburgh
£120,000 Offers over
Bedrooms
Bathrooms
Reception
Description: 17 Albyn Grove is a deceptively spacious One Bedroom ground floor flat situated in a desirable location and forms part of an exceptionally well maintained traditional granite building which is protected by a secure entry system. The communal hallways are immaculately maintained. The property is presented in a stylish neutral palette and offers well proportioned versatile living accommodation which is ready to move into. Further benefiting from full double glazing and gas central heating. There is a welcoming hallway leading on to all further accommodation a spacious centrally fitted modern shower room , large lounge which is open plan to the kitchen with utility area and a spacious double bedroom. With its desirable location this quality flat has much to offer the discerning buyer and early viewing is highly recommended.
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.
Outside:Parking permits can be applied for that can be used close to this property. There is a small shared garden to the rear. Extras: All fitted floor coverings, curtains, blinds, light fittings and shades will be included as normal, parts of the remaining furniture can be included in the sale at the purchasers discretion which may be of interest to a first time buyer or buy to let investor.
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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