Sandyriggs Gardens, Dalkeith, Midlothian, EH22 2ED

Available / For Sale

McEwan Fraser Legal

Claremont House, 130 East Claremont Street, Edinburgh

3 bedroom detached for sale

£250,000 Offers over

3

Bedrooms

2

Bathrooms

1

Reception

McEwan Fraser Legal is delighted to present this three bedroom detached house in Dalkeith. The property is in walk-in condition having been well looked after by the current owner. Inside, the property comprises of:Fully equipped modern kitchen with integrated fridge freezer, fan oven, four ring gas hob and dishwasher to make for a functional and spacious kitchen. From the kitchen, you can also access the garage which is well equipped for storage and also a utility area and a fully plumbed sink. Spacious living and dining area with direct access to the kitchen and rear South-facing garden via glass French doors. Three spacious double bedrooms have various possibilities with furniture arrangements and the master bedroom has an en suite shower and built-in wardrobes.The house benefits from two and a half bathrooms with the half being the WC on the ground floor. On the first floor, there is a family bathroom which is partially tiled and modern and an en suite shower room with a double shower. The property also has access to the attic which is excellent additional storage. In addition to this, the home benefits from being fully double glazed and has gas central heating making for a warm and cost-effective home, year-round. There is also more than adequate on-street parking if the double driveway and garage isnt enough.

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.

Nearest Stations:

1.91 miles
Eskbank
2.08 miles
Shawfair
2.36 miles
Newtongrange
2.75 miles
Musselburgh
3.08 miles
Newcraighall

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 208950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 6250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 21450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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