Second floor retirement flat

We are delighted to present to auction this second floor retirement flat for over 60s in the desirable Merchiston conservation area, approximately 2.5 miles south west of Edinburgh city centre. Finished to a high standard, the accommodation comprises a bright living/dining room with views over the communal garden grounds and open plan to the modern fitted kitchen. On this same level is the double bedroom and modern shower room. Also accessed from the living room is a mezzanine level which offers a versatile space for additional living or occasional guest room. In addition, the property offers double glazing, electric heating, private residents’ parking, landscaped communal gardens, 24-hour careline, part-time resident manager and guest room within the complex. Whilst the property is not suitable for buy to let, the substantial 24% discount against £185,000 Home Report valuation is sure to attract interest from owner/occupiers looking for a high quality retirement home in prestigious location. Early viewing is essential. ** Note to prospective purchasers: The Property has been altered to create a mezzanine level into the loft space above the Property. The Seller owns a share in common with the other proprietors of the larger property in the loft space, although the loft space which now forms the mezzanine level was only ever accessible from within the Property. The conversion was undertaken openly and in discussion with other proprietors in the building. Following the conversion of the mezzanine level a small minority of residents within the larger property raised an objection to the alteration to the Property. Those residents have corresponded with the Seller but have not instructed solicitors and have not taken any further action against the Seller. It is noted that other proprietors within the larger property have undertaken similar works **

Tenure

Freehold

Area

Merchiston is a well-regarded and sought after area approximately 2.5 miles south west of Edinburgh city centre. A range of local and national retail and leisure brands are close by, and excellent transport links the area to city centre with ease.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Edinburgh City Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.