Fixed Price £212,000

3 bed terraced house for sale in Gilmerton

14 Lumsden Square, Gilmerton, Edinburgh, EH17 8WA
3
1
1
ESPC Chartered Firm
Total Floor Area 81m²
Energy Rating B
Tenure Freehold
Watchlist

McEwan Fraser is delighted to present this contemporary three-bedroom mid-terraced house which is offered for sale on a ‘Golden Share’ basis. Golden Share is an affordable housing scheme that widens access to homeownership for individuals and families with 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 – you own 100% of the property but its price is capped at 80% of the open market value on the 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. 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. Internal accommodation is focused on a generous living room that overlooks the rear garden. Bright and neutrally decorated, the living room has plenty of space for a large suite, a dining table, and plenty of supporting furniture. The kitchen enjoys a good range of base and wall-mounted units that include integrated appliances. There is plenty of prep and storage space for the aspiring chef. Ground floor accommodation is completed by a cloakroom. Climbing the stairs, the landing gives access to three bedrooms, the bathroom, and a loft space for additional storage. Bedroom one is a generous double bedroom with a large integrated wardrobe and ample space for a full suite of freestanding bedroom furniture. Bedroom two is a further well-proportioned double and bedroom three is a large single that would make an ideal nursery or home office. The bathroom is partially tiled and includes a three-piece white suite with a shower over the bath. Externally, the property has an established south-facing garden with a patio. Electricity Supply - British Gas Water Supply - Scottish Water Sewerage - Local Authority Broadband - BT

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Gilmerton, Edinburgh South at a glance*

  • Average selling price

    £224,201

  • Median time to sell

    15 days

  • Average % of Home Report achieved

    100.5%

  • Most popular property type

    2 bedroom house

To find out more about the local market, contact McEwan Fraser Legal today.
* Figures are based on properties marketed and sold through ESPC. Home Report valuations relate to properties where the Home Report was available on espc.com. Figures relate to the 6 month period ending on 30/04/2024

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* School catchment data is provided for information purposes only and ESPC UK Ltd does not accept any responsibility for the accuracy or completeness of the data. You should always contact the local authority responsible for the provision of education in a property's location, and more information on particular school catchment areas can be found via the links here.