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McEwan Fraser Legal Estate Agent in EH7 4LB
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2 bed Ground Flat property

Under offer
For Sale
Listed May 18, 2024
£200,000
Under offer

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Description

" GOLDEN SHARE McEwan Fraser is delighted to present this two-bedroom ground-floor flat that forms part of Edinburgh City Council‘s Golden Share scheme. The property is offered to the market with a fixed price of 80% of the home report value and the buyer must meet the criteria for and be approved by the council. Purchasers must demonstrate that they are eligible and provide the necessary evidence to the City of Edinburgh Council to fund a Golden Share home, for example, evidence of a local connection or an inability to finance the purchase of the full market value of the property. Golden Share is an affordable housing scheme which widens access to home ownership for individuals and families on low to average incomes. It is available to applicants who meet the eligibility criteria and can demonstrate affordable housing need. Golden Share homes have a simple price cap â-- you own 100% of the property but its price is capped at 80% of the open market value on first sale and all subsequent resales. This means that you will purchase the home at 80% of the current market value and you would have to sell it at 80% of market value when you come to sell in the future. The accommodation is focused on a generous living room that has plenty of space for a large suite and supporting furniture. The space on offer gives plenty of flexibility for a new owner to create their ideal entertaining space. The separate kitchen has a good range of base and wall-mounted units that offer plenty of prep and storage space. A gas hob and an electric oven are integrated. Further space is provided for freestanding appliances. Bedroom one is an ample double with an integrated wardrobe, space for supporting furniture, and also benefits from a partially tiled en-suite shower room. Bedroom two is a further double bedroom with integrated storage. Accommodation is completed by the bathroom which has a three-piece white suite and partial tiling. Further benefits include gas central heating, double glazing, a secure entry system, and communal grounds. Electricity Supply: Octopus Water Supply: Scottish Water Sewerage: Scottish Water Broadband Mobile Coverage: Now, 5G

By appointment through McEwan Fraser Legal on Edinburgh 0131 524 9797

McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.

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Floor plan

Property Location

Average Price
Crime
Nearby Schools
Paxman Academy
2,445.5mi
Didcot Sixth Form College
2,508.2mi
Landewednack Community Primary School
3,466.4mi
Grade-Ruan CofE School
3,468.0mi
Coverack Primary School
3,469.5mi
Nearby Stations
London Charing Cross Station
0.0mi
London Road (Guildford) Station
0.0mi
Glasgow Queen Street Low Level Station
0.0mi
Glasgow Central Low Level Station
0.0mi
London Road (Brighton) Station
0.0mi
Schools
Stations
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