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Property for sale information

 
PRINCES PLACE - EDINBURGH  
Reference nr: MG843474
Description:

Edinburgh offers the best of everything; stunning architecture, fantastic employment opportunities, a vibrant leisure and retail scene, as well as an abundance of green spaces. Playing home to the world famous Edinburgh Castle, many comedy and cultural festivals and much more, Edinburgh is an excellent city in which to live and invest.

As a city, Edinburgh benefits from a strong employment market, a thriving student community and a leisure and hospitality industry that ensure a steady demand for rented residential accommodation. Add to this the great tradition in Scotland for rental accommodation, relative shortage of modern properties and a scarcity of central locations suitable for development and Princes Place represents the perfect investment opportunity for savvy investors.

The city truly has the best of everything; including Edinburgh Castle, The Royal Botanic Gardens, Edinburgh Zoo, The Palace of Holyroodhouse and three National Galleries.

Edinburgh has a growing reputation as a premier retail destination and also offers a wide variety of fantastic bars and restaurants. Residents at Princes Place can take advantage of these many shops and bars on nearby Broughton Street or at the O'mally Centre, with its restaurants, bars and cinema all just a 15 minute walk away.

If you wish to escape the hustle and bustle of the city centre, Scotland offers 147 parks and gardens to explore. In addition, Edinburgh is situated within close proximity of the beautiful beaches and countryside of the Lothians.

*****SPECIFICATION******

Living Areas
Walls are emulsion throughout
Pre-finished veneer internal doors with chrome effect furniture
Skirting boards, door architraves and window boards are finished in white gloss paint
Central heating and hot water provided by a combination boiler
TV aerial socket in the lounge and master bedroom
A composite Sky Plus outlet is located in the lounge
UPVC double glazed windows are fitted with lockable fasteners where appropriate
Draught proofing to all external doors and windows
Master bedroom features fitted wardrobes
Bathrooms
Fitted with white sanitary ware by Ideal Standard
Tiling available for the splash back and surrounding over the bath
Electric thermostatic shower will be positioned over the bath with a mini glass screen and curtain rail (shower cubicle in en-suites)
Full height tiling to the shower area around the bath
Shaver point is provided in the bathroom
Electric extractor fan
Kitchens
Colour co-ordinated units, worktop and appliances
Wall tiling over the base units and stainless steel splash back between hob and chimney hood
Stainless steel single electric oven, with stainless steel gas/electric hob (where applicable), chimney hood, free standing washer drier plus inset bowl and drainer with taps in a chrome finish
Electric extractor fan
Security
An audio door entry system at all entrances to each apartment building
Individual apartment doors will be fitted with chrome finish locks and security chains
A mains connected smoke detector will be installed
Secure underground and surface parking
Lift access to upper floors


Princes Place is a perfect

Bedrooms: Bathrooms: Price (€):
2 2 240,000
Features:
City
Submission Date:
02-26-2008
Advertiser Details:


Name:
Martin Godfrey

Company:
Imagine Homes

Phone:
0044 845 812 1000
Fax:

Mobile:
0044 845 812 1000

 
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property photo
 
Calculators

 
Property price: €240,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations