1 bed maindoor flat for sale in Parkhouse
McEwan Fraser is delighted to offer a ¼ share in this fantastic rarely available and highly sought-after, outstanding one-bedroom ground-floor main door apartment. Conveniently located on Balmore Place, it is presented to the market in true walk-in condition. Beautifully maintained and kept immaculate by the current owners, the property offers stylish, turnkey living with nothing required other than moving in. Accessed via its own private main door entry, a highly desirable feature, the accommodation is both spacious and beautifully presented throughout. The welcoming entrance leads into a bright and inviting living room, a superb space for relaxing or entertaining. A striking feature fireplace forms an attractive focal point, adding warmth and character to the room while complementing the modern décor. Generous proportions allow ample space for both lounge and dining furniture, making it a versatile and comfortable living area. The modern kitchen is thoughtfully designed with contemporary units, quality worktops and integrated appliances, providing both style and practicality. There is ample storage and workspace, ideal for everyday cooking. The double bedroom is particularly spacious and tastefully decorated, offering excellent floor space along with room for additional storage furniture. It is a calm and restful retreat, finished to a high standard. Completing the accommodation is a sleek, fully tiled shower room finished in a clean, modern style with quality sanitary ware and fittings, creating a hotel-like feel. Ground floor main door properties in this location are incredibly hard to come by, making this a truly exceptional opportunity for first-time buyers or downsizers. This superb flat offers the perfect blend of character, modern comfort and convenience, early viewing is strongly advised as it is unlikely to remain on the market for long. Electricity Supply: SP Energy Networks Water Supply: Scottish Water Sewerage: Scottish Water Broadband / Mobile Coverage: Full 4G coverage, limited 3G and 5G. Please note, the remaining 75% share of the property is owned by GAP Housing Association which has now merged with Link Housing. Any new purchaser must meet the eligibility criteria for Shared Ownership and will be required to undergo a financial assessment and approval by the Association. At the time of writing, a monthly occupancy payment of £255.63 is payable to the Association. In addition to this there is a variable quarterly payment to the Property Factor to cover the upkeep of the communal areas. Applicants for shared ownership will be considered subject to meeting the following criteria: • Applicants should be first time buyers or an existing home owner who has had a change of circumstances which means they have to move from their current home • Applicants should have sufficient income to allow them to pay an occupancy charge without the need to apply for Housing Benefit or Universal Credit. • Applicants should normally have a regular income, although applicants without a regular income but with access to other funds will be considered • Applicants should have a gross household income not normally higher than £45,443 per year when buying in Edinburgh or £36,000 when buying in Mid, East or West Lothian areas • Applicants should have sufficient net income to pay a monthly occupancy charge, a mortgage (if this is being used to purchase the share), factoring fees (where the property is factored), council tax and other household costs. • Applicants should not have sufficient income and/or savings to meet the full cost of an outright purchase. • Applicants will intend to use the property as their only home. Full guidance and an application form are available on request.
Marketed by
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McEwan Fraser Legal - Edinburgh
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0131 253 2263
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130 East Claremont Street, Edinburgh, EH7 4LB
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Property reference: E504223
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