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Claremont House, 130 East Claremont Street, Edinburgh
£225,000 Offers over
Bedrooms
Bathrooms
Reception
Forming part of the much sought after Kepplestone development by the renowned Stewart Milne development team, a fantastic opportunity to purchase an exceptionally spacious two bedroom fifth-floor executive apartment. This stunning property is present to the market in exceptional condition; flooded with natural light from full-length windows in the dining area and with east facing sea views. Further benefiting from immaculate fresh neutral dcor, fully uPVC double glazed windows with underfloor heating in all areas and the use of quality materials and stunning fixtures and fittings throughout. The property features a fantastic selection of luxury furniture from Dargie design of Aberdeen as well as soft furnishings from Interiors unlimited of Inverurie. These furnishings are included with the property as well as the curtains and drapes, leaving the apartment in a fantastic walk-in state. Facilities include security video entry system, secure allocated underground parking and visitor parking with lift access from all floors including the underground parking areas.Entrance hallway: A very welcoming, spacious entrance to the property with stunning Kahrs Maple floors that continues throughout the property. The hall boasts great storage options in four full-height cupboards housing boiler and utility meters. Lounge and Dining Area: Fantastic space, open plan with full-length floor to ceiling dual aspect corner windows with access to the Romeo and Juliette balcony, with two further windows and sea views. Surround sound system with spotlight lighting across the ceiling. The comfortable lounge area is well proportioned and flows into the generous dining area.Kitchen: The fully fitted integrated kitchen which is open plan, boasts a mixture of base and wall mounted units with complementary worktops, splash back and breakfast bar. The appliances include a large fridge, larder freezer, microwave, washer/dryer and dishwasher and oven. Five-ring gas hob and chimney extractor hood.Master suite: Extremely spacious and beautifully decorated in neutral tones with complementary carpeting. Two fitted wardrobes, both with hanging and shelving space, as well as space for free-standing furniture.En-suite: A luxurious, immaculately presented bathroom that includes a four-piece suite in white, comprising a generous bath, separate Matki shower with rainfall and handheld showerheads, basin and toilet with concealed cistern, set in a vanity unit. Further storage in two tall mirrored cupboards with shelves.Bedroom: Spacious and welcoming double bedroom with dual aspect windows, one of which is floor to ceiling, neutral decor with complementary carpeting and a large wardrobe with hanging and shelving space.Shower room: Fitted with a contemporary three-piece suite. Spacious Matki shower cubicle with rainfall shower head, hand held shower head glass door. The basin and toilet with concealed cistern are set in vanity units. Further storage in two tall mirrored cupboards with shelves.The property is set within landscaped grounds and benefits from well-lit, secure allocated underground parking. There are additional visitor and cycle parking spaces and an on-site recycling facility. The development is maintained under a factoring arrangement and the communal areas are extremely clean.
By appointment through McEwan Fraser Legal on 01224 472 441
McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
Extras (Included in the sale): The property will be sold inclusive of all carpets, floor coverings, blinds, light fittings and integrated kitchen appliances.
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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