1 bed second floor flat for sale in Ferniehill

Open Viewing Sunday 1-3pm. A fantastic opportunity to purchase a 25% share of this light and airy second-floor flat in a quiet cul-de-sac setting forming part of a small modern development. The property is situated in the highly desirable area of Fernieside, close to the Edinburgh Royal Infirmary, a variety of amenities, and excellent transport links to the City Centre and beyond. The property would make an excellent first purchase and comprises: secure entry phone system, welcoming hallway with two useful storage cupboards, one of which contains the property’s water tanks, open-plan living/dining/kitchen with double doors to an ornamental balcony providing an excellent space for everyday living and entertaining, good-sized double bedroom featuring a built-in wardrobe, and modern bathroom fitted with a three-piece suite including a bath with overhead shower. Further benefits include gas central heating, double glazing, communal garden grounds, and residents’ parking within the development. Included in the sale are all fitted floor coverings. This property is 25% shared ownership. The remaining 75% share of the property is owned by Castle Rock Edinvar Housing Association. 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 approx. £208.72 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. Tenure - Freehold Council Tax Band - B