Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£260,000 Offers over
Bedrooms
Bathrooms
131/4 Comiston Road is a charming 1 bedroom, second floor flat in the highly sought after area of Morningside. This property benefits from beautiful traditional features, spacious rooms, an abundance of local amenities and transport links right on its doorstep.
The property is entered via a secure entry system leading to a well-maintained communal stairwell. Inside, the flat features a welcoming hall with two storage cupboards off; spacious sitting room with beautiful bay window, traditional fireplace and ornate cornicing; bright kitchen/dining room with utility cupboard off; large double bedroom; bathroom fitted with bath with shower above, wc and wash hand basin; box room.
Garden
There is a large well maintained communal garden at the rear.
Parking
There is permit restricted parking on surrounding streets.
School Catchments
The property is in the catchment area for the highly regarded Canaan Lane Primary School (P1-P3), South Morningside Primary School (P4-P7) and Boroughmuir High School. In addition, the property is very close to George Watsons College.
Fixtures and Fittings
The cooker, cooker hood, Bosch fridge/freezer, washing machine and dishwasher are all included in the sale price.
Services
The property benefits from gas central heating.
Viewing
Initially via the 360 Virtual Tour, physical viewings by appointment only with Truscott Property.
Council Tax Band C
Tenure Freehold
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
