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Claremont House, 130 East Claremont Street, Edinburgh
£165,000 Offers over
Bedrooms
Bathrooms
Reception
McEwan Fraser Legal is delighted to give a discerning buyer the chance to acquire this superb one-bedroom apartment. The property is within easy walking distance of Harrison Park and the Union Canal and within striking distance of Edinburgh city centre. Internally, the property is in excellent order and would represent an amazing first-time buy or a buy-to-let investment. For extra warmth and comfort, the property boasts gas central heating and double glazing. The accommodation is focused on a welcoming living room which neutrally decorated and retains plenty of period character, including a fireplace and exposed floorboards. The elevated position and west facing aspect with views towards the Pentland Hills create a beautifully bright room. Ample floor space gives plenty of options to personalise the space. The stylish modern kitchen is has been opened up to one end of the living room. Clever use of space has allowed the inclusion of a good range of base and wall mounted units, giving plenty of prep and storage space. The double bedroom also includes plenty of period character with traditional high ceilings, period coving and plenty of space for a large suite. There is ample space for a range of free-standing furniture. A large custom-built wardrobe provides a very effective storage solution and may be available by separate negotiation. The accommodation is completed by a modern bathroom which is partially tiled and includes a three-piece white suite with shower over bath. To the rear, the property also enjoys access to a low maintenance communal garden.This is a fantastic property in a superb location, and early viewing is highly recommended..
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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