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Main Category : All Auction Property
Additional Category : Edinburgh Property
   Edinburgh (Burdiehouse Village) - Excellent Lower Flat - 2 Bedrooms - Value: 130,000 GBP Auction ID : 103630   
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Edinburgh (Burdiehouse Village) - Excellent Lower Flat - 2 Bedrooms - Value: 130,000 GBP

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Current Bid -
Start Bid GBP 91,000.00 [ Convert ]
Quantity 1
# Bids 0
Location EH17 8BH, Lothian
Country United Kingdom
Time Left 79 days, 19h 4m
Start Time 03 May. 2017 01:30:45
End Time 12 Sep. 2017 01:30:45
Status Open
Make Offer
Reserve Price Not Met
High Bid No Bids

Description
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Old Burdiehouse Road
Burdiehouse Village

Edinburgh

EH17 8BH
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Location Map: CLICK HERE
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Value: £130,000

Starting Bid: £91,000

Bid Increments: £1,000

Special Conditions: None
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Important - Please Note: 0131 Auction incorporates an 'Anti Sniping' Feature - If a new bid is received within the last five (5) minutes of auction end time then the auction bidding will automatically be extended for a further five minutes, from the time which the last bid is received, until no more bids have been placed.

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In order to automatically display any new bids placed, please be aware this auction page will refresh every three (3) minutes until auction end. If you require further information then please contact us
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A charming 2 bedroom stone built cottage style main door lower villa, benefiting from a private rear garden.
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  • Entrance vestibule .
  • Hall
  • .Living room
  • .Kitchen/breakfast room
  • .Two bedrooms
  • .Bathroom
  • .Gas central heating
  • .Double glazing
  • .External store
  • .Private allotment style rear garden
  • .Small front garden
  • .On street parking
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Description

The property offered for sale is a charming stone built cottage style main door lower villa, situated in a village setting on the southern outskirts of Edinburgh’s City Centre. It has been modernised and upgraded to a high standard and displays a contemporary and stylish interior. Modernisation works have included the installation of double glazed windows, new gas central heating boiler, kitchen, bathroom, quality flooring throughout and redecoration. The accommodation comprises:- vestibule, hall, east facing living room, superb breakfasting kitchen with integrated appliances and breakfast bar, two bedrooms and bathroom with white suite and shower. Whilst now requiring some attention there is a private allotment style rear garden adjacent to the property.
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Location
The subjects are located in the Burdiehouse area of Edinburgh, which lies to the south of the City Centre. The property is well positioned to take advantage of a number of shopping outlets in the vicinity including the Straiton Retail Park where there are a number of High Street outlets including a Marks & Spencers food store. Further facilities can be found in adjoining Liberton, with the Cameron Toll Shopping Centre just a short drive away. Schooling is well represented from nursery to senior level. An efficient public transport network operates to most parts of the town and surrounding areas. The City Bypass and main motorway networks are also within easy reach.
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External
Directly to the rear there is a small courtyard area and stone built outhouse. Adjacent to the property there is a private rear garden. To the front there is a small garden, laid with slate chip stones and paving for ease of maintenance. Ample on street parking.
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Extras Included Within Sale
The blinds, light fittings and integrated kitchen appliances are to be included in the sale. Other items of furniture may be for sale by separate negotiation.
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Would you like to view this property or order a copy of the Home Report? CLICK HERE

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How the figures appear concerning a Buy To Let (BTL) purchase…
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Example:

Purchase Price: £98,000*

25% BTL Mortgage Deposit: £24,500

75% BTL Mortgage Borrowed: £73,500

Monthly Mortgage Payments (APR 5%): £306

Monthly Insurance etc: £20

Total Monthly Cost: £326

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Monthly Rental Income Received: £600
Monthly Gross Profit: £274 (£600 Rent/ -£326 Costs)

Yearly Gross Profit: £3,288

Immediate Equity in Property: £32,000 (Discount) + £24,500 (Deposit) = £56,500
Gross Yield on Deposit Paid: 13.4% p.a.
£24,500 BTL Deposit Repaid From Rent in Only 7.5 Years!
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* Does not include any fee's or other cost's associated with property purchase. Rental is assumed and not guaranteed. Always seek independent financial advice.
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These particulars do not form part of an offer and all statements contained herein are believed to be correct but are not guaranteed and any intended purchaser must satisfy themselves as to their accuracy. The dimensions provided may include, or exclude, recesses intrusions and fitted furniture. They have been chosen to indicate the general size and shape of each room. Any detailed measurements ought to be taken personally.
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DISCLAIMER: 0131 Property Auctions (0131auction.co.uk) provides a Property Auction Facility Only and is not an Estate Agent and we do not provide Estate Agent Services. Any opinion, statement, recommendation or anything else whatsoever shall not form any guarantee or warranty. All investigations, surveys, searches or any other enquiries will be your responsibility. Any further investigations, due diligence, establishment of clear title, surveys, searches, etc or any other enquiries will be undertaken by your appointed suitably qualified persons but we make no warranty or guarantee and you must rely on any professional warranty or guarantee offered by the person or organisation performing such investigations, surveys or searches.
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Edinburgh (Burdiehouse Village) - Excellent Lower Flat - 2 Bedrooms - Value: 130,000 GBP
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Edinburgh (Burdiehouse Village) - Excellent Lower Flat - 2 Bedrooms - Value: 130,000 GBP

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