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Claremont House, 130 East Claremont Street, Edinburgh
£330,000 Offers over
Bedrooms
Bathrooms
Reception
McEwan Fraser Legal is delighted to present this two-bedroom detached Bungalow in Kingsknowe. The property is in walk-in condition.Inside, the property comprises of:Fully equipped kitchen; which is modern and is accessed via the hallway and open plan lounge/diner. The kitchen is fitted with integrated white goods, freestanding range cooker with double oven and grill as well as a wine cooler. The kitchen has the added bonus of a utility room which has various possibilities and could be used as a home office. Spacious living/dining room which is flooded by natural light due to the front to back windows. This really is an excellent family space. Two well proportioned double bedrooms which include storage space and will also accommodate various furniture configurations. One modernised family bathroom, fitted with a three-piece suite and benefits from a mains shower over the bath. The property also has access to a large floored attic space, which is accessed via a hatch and has a Ramsay ladder. This space could be converted with the correct consent. The current owner has architectural and structural drawings to extend into the attic and to the side of the property. These plans have been approved and relevant building warrants are in place. Externally the property has a private front and back garden area which are in good condition. The rear garden is accessed via the kitchen.In addition to this, the property includes a very large frontage with space for multiple cars.
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.
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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