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£920,000 Fixed Price
Bedrooms
Bathrooms
Flat 16, 13 Simpson Loan is a spacious and exceptionally stylish three-bedroom duplex apartment, set across the second and third floors of Jubilee Hall, a striking Victorian conversion within the exclusive Quartermile development. This immaculate home combines period character with contemporary design and enjoys magnificent south-facing views, private underground parking, and lift access.
Jubilee Hall is entered via a secure and well-maintained communal lobby with video-entry phone, the impressive accommodation comprises, on the second floor welcoming entrance hall with large cupboard off; stunning open-plan kitchen/dining/sitting room enhanced by two elegant bay windows that flood the space with natural light and frame wonderful views. The kitchen is fitted with sleek, contemporary units and high-spec Siemens appliances.
Also on this level are two well-proportioned double bedrooms - double bedroom 2 with built-in-wardrobes; double bedroom 3/study; luxury bathroom fitted with wc, wash hand basin and bath with shower above.
On the third floor The impressive principal suite occupies the upper level, with a distinctive barrelled ceiling, a dressing area with built-in wardrobes, and a luxurious en suite shower room.
Parking
The property benefits from a private allocated underground parking space, complete with power for connection of an electric car charging outlet.
Garden
Jubilee Hall is set within landscaped communal gardens, and the open green spaces of the Meadows and Bruntsfield Links are right on the doorstep. Quartermile also offers residents a vibrant community with cafes, restaurants, fitness facilities and a Sainsburys Local, all within easy reach of Edinburghs Old and New Towns.
Fixtures and Fittings
All shutters, blinds and light fittings are included in the sale price as are the Siemens kitchen appliances (induction hob, oven, combination microwave oven, cooker hood, fridge/freezer, dishwasher and washer/dryer).
Services
The property benefits from a communal heating system and double glazing throughout. The development is managed by Speirs Gumley for a cost of approximately 2515 per quarter including building insurance, sinking fund and service charge.
Viewing
Initially via the 360 Virtual Tour, physical viewings by appointment only with Truscott Property.
Tenure - Freehold
Council Tax Band H
Map location is not available for this property.
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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