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£649,000 Offers over
Bedrooms
Bathrooms
22a Corstorphine Road is an outstanding 3 bedroom semi-detached house in the prestigious residential area of Murrayfield. The extremely stylish property benefits from quality fittings throughout, an abundance of natural light, a magnificent garden and two allocated parking spaces.
The accommodation comprises, on the ground floor entrance with cloakroom off; open plan sitting/dining room/kitchen, the kitchen is fitted with ample high quality floor and wall mounted units with a centre island, folding doors to the rear garden.
On the first floor large master bedroom with extensive built in wardrobes and a stylish en suite shower room with large shower; wc and wash hand basin; double bedroom 2 with built in wardrobes; bedroom 3; luxury family bathroom with bath, wc and wash hand basin.
Gardens
The property benefits from access to an exceptionally well-maintained private patio to the rear and shared gardens, offering a generous expanse of lawn bordered by mature hedging and well-stocked beds. A series of paved pathways meander through the space, leading to a suntrap seating area and a practical drying green discreetly tucked away. The garden enjoys excellent privacy and a peaceful setting, ideal for outdoor relaxation and entertaining.
Parking
There are two allocated parking spaces to the front of the property.
Schools
The property is in the catchment area of the highly regarded Roseburn Primary School and Craigmount High School. In addition, the property is very close to St Georges School for Girls and Erskine Stewart Melville.
Fixtures and Fittings
All fitted floor coverings, curtains, blinds and light fittings are included in the sale price as are the integrated kitchen appliances.
Services
The property benefits from gas central heating and double glazing throughout.
The development is factored by Myreside Management. The most recent (corrected) factoring charges were approximately 600 per quarter, covering buildings insurance, communal electricity, garden maintenance, a sinking fund contribution, and property management services.
Viewing
Initially via the 360 Virtual Tour, physical viewings by appointment only with Truscott property.
Tenure Freehold
Council Tax Band G
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.
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