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Claremont House, 130 East Claremont Street, Edinburgh
£950,000 Offers over
Bedrooms
Bathrooms
Reception
McEwan Fraser is delighted to be marketing this magnificent detached house. Hatchback house commands an elevated position overlooking Fife and beyond.This five-bedroom home has been lovingly maintained by the current owners and is in truly walk-in condition.The property is accessed by a private gated driveway, which offers parking spaces for several vehicles. The house is surrounded by extensive gardens with a mixture of mature trees, hedges, shrubs, and flower beds. Several footpaths lead you around this engaging outdoor space. The property benefits from large lawns separated by a mature hedgerow. The majestic bespoke spiral staircase leads to the first floor. The staircase is flooded with light from the sizeable period leaded window located on the landing, leading you upstairs to the impressively formal lounge with views to the propertys front and rear and two double sized bedrooms. The top-level offers three large bedrooms with one of the bedrooms gives access to the large attic space that can be utilised as a further reception area. A large three-piece family bathroom completes the accommodation on offer.Within the garden grounds, two immaculate apartments can be used for business opportunities or extra rental income as the owner has done so. A large bespoke garden room with a hot tub comes with the property.Viewing is highly recommended to appreciate the opportunity in acquiring this rarely available family home. It is located in such a sought after residential location, within a short distance to all the village amenities. At the same time, major road networks also allow ready access to the most important business and cultural centres throughout Scotland.
By appointment through McEwan Fraser Legal on 01383 660 570
McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
To be discussed at formal offer.
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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