3 bedroom terraced for sale

£425,000 Offers over

3

Bedrooms

2

Bathrooms

Floorplan

5 Edrom Newton Steading is a spacious 3-bedroom conversion located between the popular Borders towns of Duns and Chirnside. This attractive home offers open views from the north side of the property and a suntrap courtyard garden to the south. This exceptional home would suit a wide range of owners.

PROPERTY DESCRIPTION

5 Edrom Newton is a delightful home nestled within a courtyard steading conversion, ideally located just a short distance from the vibrant town of Duns in the scenic Scottish Borders. This charming property offers a perfect blend of spacious, light-filled interiors and generous outdoor space, creating a harmonious living environment.

Upon entering 5 Edrom Newton, you are greeted by a welcoming open-plan dining kitchen, boasting a vaulted ceiling adorned with a range of windows and French doors, including a striking large arched window with a built-in bench seat making the most of the exceptional open views. The kitchen is elegantly designed, featuring sleek cabinetry, integrated appliances, and a stylish induction hob set on the peninsula, making it a perfect space for both cooking and entertaining. Flowing seamlessly from the kitchen is a vaulted hallway with Velux windows, leading to rooms on the ground floor and up the modern staircase to the first floor.

The ground floor also offers a spacious sitting room, highlighted by a beautiful stone fireplace with a multi-fuel stove, creating a cosy retreat for perfect relaxation. In addition, a dual-aspect bedroom enjoys a light-filled atmosphere and includes a luxurious en-suite with underfloor heating. A separate utility room and a convenient WC add practicality and complete the ground floor.

The first floor also features two generously sized bedrooms, one of which benefits from dual-aspect views and a south-facing Juliet balcony that overlooks the picturesque steading courtyard. The family bathroom is equally impressive, offering both a bath and a shower for ultimate comfort and convenience.

Outside, 5 Edrom Newton Steading boasts a charming south-facing gravelled courtyard garden, complete with a shed and plenty of space for outdoor seating, perfect for enjoying the peaceful surroundings. To the rear of the property, there is a large lawn, a patio area, and ample parking for multiple vehicles.
With its blend of character, modern design, and excellent outdoor space, 5 Edrom Newton Steading offers a truly balanced and inviting home in an idyllic location.

ACCOMMODATION COMPRISES

Ground Floor - Entrance Hallway, Cloakroom/WC, Dining Kitchen, Link Gallery, Living Room, Master Bedroom and En Suite.

First Floor - Landing, Bedroom 2, Bedroom 3 and Family Bathroom.

Outside - Ample Parking, Lawned Gardens and Courtyard.

DISTANCES

Chirnside 2.7 miles, Duns 3.5 miles, Reston Train Station 8 miles, Berwick upon Tweed 12.2 miles, Coldstream 13 miles, Edinburgh 55 miles. (all distances are approximate).

AREA INSIGHTS

5 Edrom Newton Steading is situated between Chirnside and historic Edwardian Manderston House estate, known for its events, open gardens, and use as a film location. In addition, Wedderburn Castle and Barns, just a 5-minute drive away, offers weddings, events, and activities like clay pigeon shooting, archery, falconry, and miniHighland Games.

The nearby town of Chirnside, 3 miles away, has a Co-op, pub, post office, and pharmacy. In addition, the market town of Duns offers a range of local amenities, including a medical centre, a variety of shops, cafes, restaurants, and pubs. It also boasts the Jim Clark Motorsport Museum, dedicated to the legendary Formula 1 driver, and a strong sense of community with regular local events. Berwick-upon-Tweed, 12 miles from Edrom Newton Steading offers a wide range of amenities including supermarkets, historical attractions, the Maltings Theatre, and a leisure centre.

The area has excellent schooling options with primary schools in Duns and Chirnside, secondary schools in Berwickshire and Eyemouth, and private education available at Belhaven Hill School and Longridge Towers. Prestigious schools in Edinburgh and universities across Scotland are also accessible.

For leisure, Coldingham Sands beach and St. Abbs Head National Nature Reserve offer coastal walks and wildlife watching. Sporting enthusiasts can enjoy golf courses, cricket, football, rugby, and fishing on the Tweed and Whiteadder rivers. The countryside provides plenty of trails for walking, cycling, and horse riding.

GENERAL REMARKS

Services
Shared septic tank between the 8 properties in the steading.
Mains water and electricity .
Shared LPG Gas System.

Fixtures and Fittings
All fitted carpets, curtain poles, blinds, light fittings and integrated appliances form part of the sale.

Listing and Conservation
5 Edrom Newton is Grade B listed, but does it sit within a conservation area.



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

£ 353325

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 10625
  • 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

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£

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

£ 34575
  • 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)
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  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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