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Claremont House, 130 East Claremont Street, Edinburgh
£167,000 Offers over
Bedrooms
Bathrooms
Reception
McEwan Fraser is delighted to present this charming two-bedroom lower villa to the market. Presented in excellent order, the property enjoys two generous double bedrooms, bathroom, lounge, modern kitchen, gas central heating, double glazing, off-street parking and a private section of the rear garden. All in all, this would make an excellent first time buy or investment in a sought after residential area. Viewing is highly recommended.Internal accommodation is focused on a bright and spacious reception room that overlooks the rear garden. The ample floor space gives plenty of flexibility for different furniture configurations. This will allow an incoming purchaser plenty of freedom to create their ideal entertaining space. The kitchen is accessed from the living room and also overlooks the rear garden. Comprised of a full range of base and wall mounted units around a free-standing cooker, the kitchen offers plenty of prep and storage space for the aspiring chef. The kitchen also includes space for a free-standing washing machine and fridge freezer.There are two double bedrooms which both face the front of the property. The obvious master bedroom is particularly spacious and come neutrally decorated with laminate flooring. There is plenty of space for a full suite of bedroom furniture alongside integrated storage. The second bedroom is also a well-proportioned double with laminate flooring. Internal accommodation is completed by the bathroom which is partially tiled and includes a three-piece white suite with shower over bath.Externally, the property enjoys a private front garden which has been used to create off-street parking for the property. To the rear, there is a private section of the garden and a large communal drying green shared with the upstairs neighbour.
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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